Current Partnering: Glossary of dealmaking terms

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Glossary

Notices

Last updated 28 June 2007

Description

Means by which facts will be notified to the other party(s).

A general agreement term.

Examples

Clause:

  1. NOTICES

12.1 Ordinary Notices.

Correspondence, reports, documentation, and any other communication in writing between the Parties in the course of ordinary implementation of this Agreement shall be delivered by hand, sent by facsimile or by overnight courier to the employee or representative of the other Party who is designated by such other Party to receive such written communication at the address or facsimile numbers specified by such employee or representative.

12.2 Extraordinary Notices.

Extraordinary notices and communications (including, without limitation, notices of termination, Force Majeure Event, material breach, change of address, requests for disclosure of Confidential Information, claims or indemnification) shall be in writing and shall be delivered by hand, sent by facsimile or by overnight courier (and shall be deemed to have been properly served to the addressee upon receipt of such written communication) to the address set forth in Section 12.3 or such other address as notified in writing by such Party to the other Party.

-- License and Supply agreement between Access and Wyeth, January 2004

See Also

None

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