Closing of Munich Facility Sample Clauses

Closing of Munich Facility. Baxter and Newco acknowledge that prior to the date of this Agreement, Baxter was manufacturing certain of the Antibodies at a manufacturing facility in Munich, Germany (the "Munich Facility"), and that Baxter intends to close such Munich Facility. Baxter will bear all of the costs and expenses associated with closure of the Munich Facility, and all of the costs and expenses of establishing and preparing alternative facilities for the manufacture of the Antibodies previously manufactured at the Munich Facility, provided, however, that such costs and -------- ------- expenses shall not include any costs and expenses of transferring any employee previously employed at the Munich Facility to employment within the United States. A charge for Xxxxxx'x costs and expenses of establishing and preparing alternative facilities for the manufacture of the Antibodies previously manufactured at the Munich Facility will be included in Xxxxxx'x Fully Loaded Cost hereunder. During the term, Baxter will provide, at its Fully Loaded Cost thereof, storage within Europe of the master cell bank of the T Cell antibody, and will provide support, assistance and manufacturing know-how to effect an orderly transition to manufacture of such antibody by a third-party manufacturer in the same manner as set forth in Section 4 hereof with respect to discontinuance of manufacturing of an Antibody.
Sample 1
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Related to Closing of Munich Facility

  • Conditions Precedent to Loans and Letters of Credit 57 Section 3.1. Conditions to Effectiveness 57 Section 3.2. Conditions to Each Credit Event 60 Section 3.3. Delivery of Documents 60

  • Conditions Precedent to Initial Loans and Letters of Credit The obligation of each Lender to make the Loans requested to be made by it on the Closing Date and the obligation of each Issuer to Issue Letters of Credit on the Closing Date is subject to the satisfaction or due waiver in accordance with Section 11.1 (

  • Conditions Precedent to All Advances and Letters of Credit The Lender’s obligation to make each Advance or to cause the issuance of a Letter of Credit shall be subject to the further conditions precedent that:

  • Conditions to Closing and Initial Extensions of Credit The obligation of the Lenders to close this Agreement and to make the initial Loan or issue or participate in the initial Letter of Credit, if any, is subject to the satisfaction of each of the following conditions:

  • Conditions Precedent to Each Loan and Letter of Credit The obligation of each Lender on any date (including the Closing Date) to make any Loan and of each Issuer on any date (including the Closing Date) to Issue any Letter of Credit is subject to the satisfaction of each of the following conditions precedent:

  • Conditions Subsequent to the Initial Extension of Credit The obligation of the Lender Group (or any member thereof) to continue to make Advances (or otherwise extend credit hereunder) is subject to the fulfillment, on or before the date applicable thereto, of each of the conditions subsequent set forth below (the failure by Borrowers to so perform or cause to be performed constituting an Event of Default):

  • Conditions Precedent to Initial Loans and Letter of Credit Accommodations Each of the following is a condition precedent to Lender making the initial Loans and providing the initial Letter of Credit Accommodations hereunder:

  • Treatment of Outstanding Loans and Letters of Credit 25 2.6 Making Revolving Credit Loans and Swing Loans; Presumptions by the Administrative Agent; Repayment of Revolving Credit Loans; Repayment of Swing Loans 26

  • Conditions Precedent to the Initial Extension of Credit The obligation of each Lender to make its initial extension of credit provided for hereunder, is subject to the fulfillment, to the satisfaction of Agent and each Lender of each of the conditions precedent set forth on Schedule 3.1 (the making of such initial extension of credit by a Lender being conclusively deemed to be its satisfaction or waiver of the conditions precedent).

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

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