UNASSIGNED BMPS, GDFS AND COLLABORATIVE FACTORS Sample Clauses

UNASSIGNED BMPS, GDFS AND COLLABORATIVE FACTORS. During the Collaborative Research Term, GI shall, at its sole cost and expense, use commercially reasonable and diligent efforts to supply MetaMorphix with reasonable quantities of protein expressed from unassigned BMPs, GDFs and Collaborative Factors which GI has elected to evaluate, for MetaMorphix to perform its own evaluations. The quantity (which, subject to the limitations set forth below, shall be no less than 50% of the amount GI produces for its own use in evaluating such Factors), quality and purity of any protein so provided to MetaMorphix under this Section 4.2.1 shall be substantially equivalent to the quantity (if any), quality and purity of such protein GI produces for its own use in its evaluation of such unassigned BMPs, GDFs and Collaborative Factors, PROVIDED, HOWEVER, that in no event shall GI be obligated to supply to MetaMorphix more than two (2) milligrams of protein for each such BMP. GDF or Collaborative Factor. In addition, GI may, but shall not be obligated, to supply MetaMorphix, at MetaMorphix's cost and expense. with protein expressed from unassigned BMPs, GDFs and Collaborative Factors which GI has not yet elected to evaluate, for MetaMorphix to perform its evaluations in accordance with the Collaborative Research Plan and Section 5.1 of this Agreement. MetaMorphix agrees to make no other use of any protein supplied to it under this Section 4.2.1 (unless and until MetaMorphix may select such Factor as a MetaMorphix Factor, in which event MetaMorphix may use any remaining stocks of such protein supplied to MetaMorphix hereunder for the continued research and development of such MetaMorphix Factor. Any BMPs, GDFs. Collaborative Factors and other materials delivered to MetaMorphix in accordance with this Section 4.2.1 shall remain the property of the furnishing Party (GI or JHU, as applicable).
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Related to UNASSIGNED BMPS, GDFS AND COLLABORATIVE FACTORS

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  • Maintaining Records; Access to Properties and Inspections Maintain all financial records in accordance with GAAP and permit any persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender to visit and inspect the financial records and the properties of the Borrower or any of the Subsidiaries at reasonable times, upon reasonable prior notice to the Borrower, and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any persons designated by the Administrative Agent or, upon the occurrence and during the continuance of an Event of Default, any Lender upon reasonable prior notice to the Borrower to discuss the affairs, finances and condition of the Borrower or any of the Subsidiaries with the officers thereof and independent accountants therefor (so long as the Borrower has the opportunity to participate in any such discussions with such accountants), in each case, subject to reasonable requirements of confidentiality, including requirements imposed by law or by contract.

  • Development Activities NovaDel shall not be required to commence any Development Activities until Licensee has paid at least twenty-five percent (25%) of the non-refundable License Fee described in Section 4.4.

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  • Maintaining Records; Access to Properties and Inspections; Annual Meetings (a) Keep proper books of record and account in which full, true and correct entries in conformity with GAAP and all Requirements of Law are made of all dealings and transactions in relation to its business and activities. Each Company will permit any representatives designated by the Administrative Agent or any Lender to visit and inspect the financial records and the property of such Company at reasonable times and as often as reasonably requested and to make extracts from and copies of such financial records, and permit any representatives designated by the Administrative Agent or any Lender to discuss the affairs, finances, accounts and condition of any Company with the officers and employees thereof and advisors therefor (including independent accountants).

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  • Development Records Each Party shall maintain complete, current and accurate records of all Development activities conducted by it hereunder, and all data and other information resulting from such activities. Such records shall fully and properly reflect all work done and results achieved in the performance of the Development activities in good scientific manner appropriate for regulatory and patent purposes. Each Party shall document all non-clinical studies and Clinical Trials in formal written study reports according to Applicable Laws and national and international guidelines (e.g., ICH, cGCP, cGLP, and cGMP).

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