Subsequent Period Sample Clauses
POPULAR SAMPLE Copied 1 times
Subsequent Period. 2.01(c) Surviving Bylaws.................................................................................3.03
Subsequent Period. After such [***] period, Anthera (and its Affiliates and sublicensees) shall have the right to freely grant sublicenses under the license rights granted to Anthera in Section 2.1 through multiple tiers, without Lilly’s consent or approval. Such sublicenses shall comply with the remainder of this Section 2.3.
Subsequent Period. After the initial transition period described in Section 3.2.1, (i) WDC and Komag each shall use commercially reasonable efforts to [***]
Subsequent Period. (a) If PanAfrican Tanzania shall have completed the drilling of at least one Exploration Well in the Adjoining Blocks prior to the fifth anniversary of Financial Closing, then PanAfrican Tanzania’s rights under the Development Licence shall extend for the full term of the Development Licence, and any extension thereof.
(b) If PanAfrican Tanzania shall not have drilled at least one Exploration Well in the Adjoining Blocks prior to the fifth anniversary of Financial Closing, then PanAfrican Tanzania’s rights with regard to the Adjoining Blocks shall cease on the fifth anniversary, without prejudice, however, to its rights with respect to the Discovery Blocks.
Subsequent Period. 2.01(c) Support Agreement.................................................
Subsequent Period. If, at the end of the period that protection and security is provided to an individual under subsection (A), the Secretary determines that a condi- tion described in subparagraph (A) or (B) of paragraph (1) continues to exist with respect to the individual, the Secretary may extend the period that such protection and security is provided for additional 60-day periods. The Secretary shall review such a determination at the end of each 60-day period to determine whether to continue to provide such protec- tion and security.
Subsequent Period. At all times on and after the one hundred twentieth (120th) day after the Closing Date, the Delayed Draw Term Loans shall bear interest at a rate equal to LIBOR plus twelve percent (12.0%) per annum as follows:
Subsequent Period. For the period commencing 12 months from the date hereof and ending 36 months from the date hereof, Xxxx Xxxxxxxx and Revision agree to vote the shares of Common Stock beneficially owned by them in favor of the election to the Board of Directors of the Company of two nominees designated by Xxxxxx Xxxxxxx (one of whom may be Xxxxxx Xxxxxxx). For the period commencing 12 months from the date hereof and ending 36 months from the date hereof, Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx agree to vote the shares of Common Stock beneficially owned by them in favor of the election to the Board of Directors of the Company of the nominees (regardless of the number of such nominees) designated by Xxxx Xxxxxxxx. The provisions of this Section 3(b) shall cease to be of any further force and effect if at any time the aggregate beneficial ownership of Common Stock by Xxxxxx Xxxxxxx and Xxxxxxx Xxxxxxx on the one hand, or Xxxx Xxxxxxxx and Revision, on the other hand, shall fall below 5% of the then outstanding Common Stock.
Subsequent Period. Beginning on the second anniversary of the Effective Date, OLPG shall compensate LSU consistent with the “Program Budget” and “True-up/Settlement Process” as those terms are defined and described in Article Five of the PSA (“Subsequent Period Payments”) and as agreed upon between OLPG and LSUHSC-S on an annual basis.
Subsequent Period. Commencing two (2) years from the effective date provided in section 14, ("Subsequent Period") SIEMENS will assume the distribution responsibility for the SYMPHONIX PRODUCTS under the following principles: SYMPHONIX PRODUCTS will be purchased by SIEMENS at prices providing SIEMENS with a discount from SYMPHONIX's price list. Such discount will be at least 50%. The Parties agree that a discount above 50% for SIEMENS is possible. However, the purchase price to SIEMENS for SYMPHONIX PRODUCTS should allow SYMPHONIX at least a 20% manufacturing margin, fully loaded manufacturing cost considered. The Parties agree that a manufacturing margin of greater than 20% for SYMPHONIX is possible. The SIEMENS purchase prices for SYMPHONIX PRODUCTS shall be reviewed on an annual basis by the Parties; SIEMENS shall be fully responsible for developing the market in the TERRITORY, for promoting and selling SYMPHONIX PRODUCTS in the TERRITORY and for determining its sales prices for SYMPHONIX PRODUCTS. SIEMENS shall maintain the organization and commit to resources to ensure optimum sales for SYMPHONIX PRODUCTS under the mutually revised business plan; From the beginning of the Subsequent Period, i.e. after two (2) years from the effective date provided in section 14, SIEMENS will assume the direct sales and support organization of SYMPHONIX with such personnel becoming employees of SIEMENS, providing that the Parties will have consulted and mutually agreed upon any increases in staffing levels during the Introduction Period; SIEMENS will keep adequate records, maintain the inventory and process transactions in such a way as to be in compliance with the applicable E.U. directives for active implantable medical devices and U.S. regulations for Class III medical devices; Payment terms will be the same as during the Introduction Period, but title and risk of loss will pass at the time of shipment by SYMPHONIX, such shipments being FOB San Xxxx (INCOTERMS 1990).