Common use of Publicity; Terms of Agreement Clause in Contracts

Publicity; Terms of Agreement. (a) The Parties will mutually agree to the text of a press release announcing the execution of this Agreement. If either Party desires to make a public announcement concerning the material terms of this Agreement or activities conducted pursuant hereto, such Party shall give reasonable prior advance notice of the proposed text of such announcement to the other Party for its prior review and approval (except as otherwise provided herein), such approval not to be unreasonably withheld, except that in the case of a press release or governmental filing required by applicable Law, the disclosing Party shall provide the other Party with such advance notice as it reasonably can and shall not be required to obtain approval therefor. A Party commenting on such a proposed press release shall provide its comments, if any, within […***…] after receiving the press release for review. Neither Party shall be required to seek the permission of the other Party to repeat or disclose any information regarding the terms of this Agreement or any activities conducted pursuant hereto that has already been publicly disclosed by such Party, or by the other Party, in accordance with this Section 7.4, provided such information remains accurate as of such time.

Appears in 2 contracts

Samples: Assignment and License Agreement, Assignment and License Agreement (Mirum Pharmaceuticals, Inc.)

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Publicity; Terms of Agreement. (a) The Parties will mutually agree that the terms of this Agreement are the Confidential Information of both Parties, subject to the text of a press release announcing the execution of special authorized disclosure provisions set forth in Section 12.2 and this AgreementSection 12.3. If either Party desires to make a public announcement or news release concerning the material terms of this Agreement or activities conducted pursuant heretoAgreement, such Party shall give reasonable prior advance notice of the proposed text of such announcement to the other Party for its prior review and approval [***] CONFIDENTIAL PORTIONS OF THIS DOCUMENT REDACTED AND SEPARATELY FILED WITH THE COMMISSION. (except as otherwise provided herein), . The Parties agree that the public announcement of the execution of this Agreement will be made by a joint press release immediately following such approval not to be unreasonably withheld, except that in execution. In the case of a press release or governmental filing public disclosure required by applicable Law, the disclosing Party shall provide the other Party with a reasonable time to review and comment on such advance notice as it reasonably can proposed disclosure, and in any event the reviewing Party shall not be required to obtain unreasonably withheld its approval therefor. A Party commenting on of such a proposed press release shall provide its comments, if any, within […***…] after receiving the press release for reviewdisclosure. Neither Party shall be required to seek the permission of the other Party to repeat or disclose any information regarding the terms of this Agreement or any activities conducted pursuant hereto that has have already been publicly disclosed by such Party, or by the other Party, in accordance with this Section 7.4, provided such information remains accurate as of such time12.3.

Appears in 2 contracts

Samples: Collaboration and License Agreement (Kalobios Pharmaceuticals Inc), Collaboration and License Agreement (Kalobios Pharmaceuticals Inc)

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Publicity; Terms of Agreement. (a) The Parties will mutually agree that the terms of this Agreement are the Confidential Information of both Parties, subject to the text of a press release announcing the execution of special authorized disclosure provisions set forth in Section 12.2 and this AgreementSection 12.3. If either Party desires to make a public announcement or news release concerning the material terms of this Agreement or activities conducted pursuant heretoAgreement, such Party shall give reasonable prior advance notice of the proposed text of such announcement to the other Party for its prior review and approval (except as otherwise provided herein), . The Parties agree that the public announcement of the execution of this Agreement will be made by a joint press release immediately following such approval not to be unreasonably withheld, except that in execution. In the case of a press release or governmental filing public disclosure required by applicable Law, the disclosing Party shall provide the other Party with a reasonable time to review and comment on such advance notice as it reasonably can proposed disclosure, and in any event the reviewing Party shall not be required to obtain unreasonably withheld its approval therefor. A Party commenting on of such a proposed press release shall provide its comments, if any, within […***…] after receiving the press release for reviewdisclosure. Neither Party shall be required to seek the permission of the other Party to repeat or disclose any information regarding the terms of this Agreement or any activities conducted pursuant hereto that has have already been publicly disclosed by such Party, or by the other Party, in accordance with this Section 7.4, provided such information remains accurate as of such time12.3.

Appears in 1 contract

Samples: Collaboration and License Agreement (Kalobios Pharmaceuticals Inc)

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