Division of Rights Sample Clauses

Division of Rights. The Right may be divided or combined with other rights upon presentation hereof at the aforesaid office of the Company, together with a written notice specifying the names and denominations in which such Rights are to be granted, signed by the Purchaser or its agent or attorney.
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Division of Rights and Obligations between the Loan Originator, the Borrower and Mintos 5.1. For the avoidance of disagreement or any doubt the Parties hereby represent and acknowledge that they are aware that: 5.1.1. Mintos, as the representative of the Loan Originator, shall act on behalf of the Loan Originator pursuant the cooperation agreement concluded by and between the Loan Originator, the Borrower and Mintos by carrying out the following activities: 1) enter into the Agreement and transfer (assign) the Claim in accordance with provisions of the Agreement; 2) provide the representations referred to in Clauses 2.3, 2.4, 6.4, 10.2, 10.3, 13.1, 13.2 and 13.3 of the General Terms and Conditions; 3) provide the Assignee with an opportunity to review the sample loan agreement or its translation in the Platform based on which the Loan Agreement is concluded; 4) in case the re-purchase rights of the Loan Originator are exercised, pay the re-purchase price of the Claim to the Assignee. 5.1.2. Mintos independently, as the host of the Platform, shall act on its own behalf upon carrying out the following activities: 1) perform writing off of the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account and transfer thereof to the Loan Originator; 2) distribute the funds received from the Loan Originator between the Creditors, that hold claims against the Borrower at the time of receipt of the Borrower’s Payments, and transfer the virtual money equivalent to the respective funds to the Assignee’s Virtual Account; 3) withhold the Service Fee and other payments (if any) from the Assignee according to the Price List; 4) provide the representations referred to in Clauses 13.1, 13.2 and 13.3 of the General Terms and Conditions; 5) withdraw from the Agreement in cases set forth in Clauses 14.1 or 14.2 of the General Terms and Conditions.
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Division of Rights and Obligations between the Loan Originator, the Borrower and Mintos 5.1. For the avoidance of disagreement, the Parties represent and are aware that: 5.1.1. Xxxxxx, as the representative of the Loan Originator, shall act on behalf of the Loan Originator pursuant the Cooperation Agreement by carrying out the following activities: 1) enter into the Agreement and transfer (assign) the Claim in accordance with provisions of the Agreement; 2) provide the representations referred to in Clauses 2.3, 2.4, 6.4, 10.2, 10.3, 13.1, 13.2 and 13.3 of the General Terms and Conditions; 3) provide the Assignee with an opportunity to review the sample loan agreement or its translation in the Portal based on which the Loan Agreement is concluded; 4) in case the re-purchase rights or the re-purchase obligations of the Loan Originator are exercised, pay the re-purchase price of the Claim to the Assignee. 5.1.2. Xxxxxx independently, as the host of the Portal, shall act on its own behalf upon carrying out the following activities: 1) perform writing off of the virtual money equivalent to the Claim Price from the Assignee’s Virtual Account and transfer thereof to the Loan Originator; 2) distribute the funds received from the Loan Originator between the Creditors, that hold claims against the Borrower at the time of receipt of the Borrower’s Payments, and transfer the virtual money equivalent thereof to the Assignee’s Virtual Account; 3) withhold the Service Fee and other payments (if any) from the Assignee according to the Price List; 4) provide the representations referred to in Clauses 13.1, 13.2 and 13.3 of the General Terms and Conditions; 5) withdraw from the Agreement in cases set forth in Clauses 14.1 or 14.2 of the General Terms and Conditions. 5.1.3. the Loan Originator shall act independently, without involving Xxxxxx as the representative, on its own behalf, upon performing the following activities: 1) make amendments to or enter into additional agreements to the Loan Agreement in line with provisions of Clause 6.7 of the General Terms and Conditions; 2) manage the Claim on behalf of the Assignee; 3) arrange all issues related to repayment of the Loan Amount and performance of the Loan Agreement in the interests of the Assignee;
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Division of Rights. It is the intent of the Parties to develop and use a single PRODUCT TRADEMARK on and in connection with the marketing, sale, advertising and/or promotion of PRODUCT worldwide, with GENTA holding all right, title and interest in and to the PRODUCT TRADEMARK in the United States (subject to the license rights granted herein), and AVENTIS holding all right, title and interest in and to the PRODUCT TRADEMARK in the ROW (subject to the terms of the Ex-U.S. Commercialization Agreement between the Parties). If it is determined that it is not possible to register or otherwise use the PRODUCT TRADEMARK in any country of the ROW, AVENTIS shall select an appropriate trademark for adoption in such country. The U.S. Commercialization Team shall be responsible for determining the uses of any Internet domain names that include or are similar to the PRODUCT TRADEMARK (and if GENTA already owns such domain names as of the Effective Date, GENTA shall pay the registration/renewal costs associated with any such Internet domain names).
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Division of Rights. The ownership of all inventions made during the term of this Agreement and/or during the course of the Research Program shall be determined as follows: all right, title and interest in and to any new developments and to patentable improvements or modifications discovered during the course of the Research Program shall be the property of the inventor(s) (or their employers in accordance with employment agreements), and in the case of joint inventorship between an employee of Aronex and an employee of BM (or any third party evaluating any technology on behalf of BM), the invention shall be the joint property of Aronex and BM.
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Related to Division of Rights

  • Reversion of Rights Notwithstanding anything to the contrary set forth herein (including, but not limited to, Section 5 hereof), full responsibility for Prosecution of the Patent Rights shall, at the option of CSMC (exercisable in its sole and absolute discretion), and at its sole expense from the date of reversion, revert to CSMC upon any termination of this Agreement.

  • Termination of Rights The right of first refusal granted the --------------------- Company by Section 3(b) above and the option to repurchase the Shares in the event of an involuntary transfer granted the Company by Section 3(c) above shall terminate upon the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act. Upon termination of the right of first refusal described in Section 3(b) and the expiration or exercise of the Repurchase Option, a new certificate or certificates representing the Shares not repurchased shall be issued, on request, without the legend referred to in Section 6(a)(ii) below and delivered to Purchaser.

  • Limitation of Rights The Option does not confer to the Optionee or the Optionee's personal representative any rights of a shareholder of the Company unless and until shares of Stock are in fact issued to such person in connection with the exercise of the Option. Nothing in this Option Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Optionee's employment at any time, nor confer upon the Optionee any right to continue in the employ of the Company or any Subsidiary.

  • Modification of Rights The rights of the Optionee are subject to modification and termination in certain events as provided in this Option Agreement and the Plan.

  • Exercise of Rights; Separation of Rights (a) Subject to Sections 3.1, 5.1 and 5.10 and subject to adjustment as herein set forth, each Right will entitle the holder thereof, after the Separation Time and prior to the Expiration Time, to purchase, for the Exercise Price, one ten-thousandth (1/10,000th) of a share of Preferred Stock. (b) Until the Separation Time, (i) no Right may be exercised and (ii) each Right will be evidenced by the certificate that evidences the share of Common Stock with which it is associated (together, in the case of certificates issued prior to the Record Time, with the letter or notice mailed to the record holder thereof pursuant to Section 2.1) and will be transferable only together with, and will be transferred by a transfer (whether with or without such letter or notice) of, such associated share of Common Stock, and the surrender for transfer of any certificates representing outstanding Common Stock will also constitute the surrender for transfer of the Rights associated with the Common Stock represented by such certificate. (c) Subject to this Section 2.3 and to Sections 3.1, 5.1 and 5.10, after the Separation Time and prior to the Expiration Time, the Rights (i) may be exercised and (ii) may be transferred independently of shares of Common Stock. Promptly following the Separation Time, the Rights Agent will mail to each holder of record of Common Stock as of the Separation Time (other than any Person whose Rights have become void pursuant to Section 3.1(b)), at such holder's address as shown by the records of the Company (the Company hereby agreeing to furnish copies of such records to the Rights Agent for this purpose), (x) a certificate (a "Rights Certificate") in substantially the form of Exhibit A hereto appropriately completed, representing the number of Rights held by such holder at the Separation Time and having such marks of identification or designation and such legends, summaries or endorsements printed thereon as the Company may deem appropriate and as are not inconsistent with the provisions of this Agreement, or as may be required to comply with any law or with any rule or regulation made pursuant thereto or with any rule or regulation of any national securities exchange or quotation system on which the Rights may from time to time be listed or traded, or to conform to usage, and (y) a disclosure statement describing the Rights. (d) Subject to Sections 3.1, 5.1 and 5.10, Rights may be exercised on any Business Day after the Separation Time and prior to the Expiration Time by submitting to the Rights Agent the Rights Certificate evidencing such Rights with an Election to Exercise (an "Election to Exercise") substantially in the form attached to the Rights Certificate, duly completed, accompanied by payment by certified or official bank check or money order payable to the order of the Company, of a sum equal to the Exercise Price multiplied by the number of Rights being exercised and a sum sufficient to cover any transfer tax or charge that may be payable in respect of any transfer involved in the transfer or delivery of Rights Certificates or the issuance or delivery of certificates for shares or depositary receipts (or both) in a name other than that of the holder of the Rights being exercised. (e) Upon receipt of a Rights Certificate, with an Election to Exercise accompanied by payment as set forth in Section 2.3(d), and subject to Sections 3.1, 5.1 and 5.10, the Rights Agent promptly will (i)(A) requisition from the Company's transfer agent(s) stock certificates evidencing such number of shares or other securities to be purchased (the Company hereby irrevocably authorizing its transfer agents to comply with all such requisitions) and (B) if the Company elects pursuant to Section 5.5 not to issue certificates representing fractional shares, requisition from the depositary selected by the Company depositary receipts representing the fractional shares to be purchased or requisition from the Company the amount of cash to be paid in lieu of fractional shares in accordance with Section 5.5 and (ii) after receipt of such certificates, depositary receipts and/or cash, deliver the same to or upon the order of the registered holder of such Rights Certificate, registered (in the case of certificates or depositary receipts) in such name or names as may be designated by such holder. In the event that the Company elects pursuant to Section 3.1(e) to issue other securities and/or assets of the Company upon exercise of the Rights, the Company will make all arrangements necessary so that such other securities and/or assets of the Company are available for distribution by the Rights Agent, if and when appropriate. (f) In case the holder of any Rights shall exercise less than all the Rights evidenced by such holder's Rights Certificate, a new Rights Certificate evidencing the Rights remaining unexercised will be issued by the Rights Agent to such holder or to such holder's duly authorized assigns. (g) The Company covenants and agrees that it will (i) take all such action as may be necessary to ensure that all shares delivered upon exercise of Rights shall, at the time of delivery of the certificates for such shares (subject to payment of the Exercise Price), be duly and validly authorized, executed, issued and delivered and fully paid and nonassessable; (ii) take all such action as may be necessary to comply with any applicable requirements of the Securities Act of 1933, as amended, or the Securities Exchange Act, and the rules and regulations thereunder, and any other applicable law, rule or regulation, in connection with the issuance of any shares upon exercise of Rights; and (iii) pay when due and payable any and all federal and state transfer taxes and charges that may be payable in respect of the original issuance or delivery of the Rights Certificates or of any shares issued upon the exercise of Rights, provided that the Company shall not be required to pay any transfer tax or charge that may be payable in respect of any transfer involved in the transfer or delivery of Rights Certificates or the issuance or delivery of certificates for shares in a name other than that of the holder of the Rights being transferred or exercised.

  • Duration of Rights If an Exchange Event does not occur within the time period set forth in the Company’s Amended and Restated Memorandum and Articles of Association, as the same may be amended from time to time, the Rights shall expire and shall be worthless.

  • Protection of Rights Licensee shall not copy, translate, disassemble, decompile, nor reverse engineer the Software or other SAP Materials. Licensee shall not create or attempt to create the source code from the object code of the Software or other SAP Materials. Licensee is permitted to back up data in accordance with good information technology practice and for this purpose to create the necessary backup copies of the Software. Backup copies on transportable discs or other data media must be marked as backup copies and bear the same copyright and authorship notice as the original discs or other data media, unless technically infeasible. Licensee must not change or remove SAP’s copyright and authorship notices.

  • Retention of Rights 36.1 Clauses 5.2(b),6,7,8,9,11,12, 13, 14, 15 16, 22, 23, 35.1, 37 and 38 of this Section 2 and any relevant clauses listed under Section 4 shall continue in force following the termination of this Contract.

  • Reservation of Rights NYISO and Connecting Transmission Owner shall have the right to make unilateral filings with FERC to modify this Agreement with respect to any rates, terms and conditions, charges, classifications of service, rule or regulation under section 205 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder, and Developer shall have the right to make a unilateral filing with FERC to modify this Agreement pursuant to section 206 or any other applicable provision of the Federal Power Act and FERC’s rules and regulations thereunder; provided that each Party shall have the right to protest any such filing by another Party and to participate fully in any proceeding before FERC in which such modifications may be considered. Nothing in this Agreement shall limit the rights of the Parties or of FERC under sections 205 or 206 of the Federal Power Act and FERC’s rules and regulations thereunder, except to the extent that the Parties otherwise mutually agree as provided herein.

  • Amendment of Rights The terms of the Rights generally may be amended by the Board of Directors of the Company without the consent of the holders of the Rights, except that from and after such time as the Rights are distributed no such amendment may adversely affect the interests of the holders of the Rights (excluding the interest of any Acquiring Person).

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