Hollis Sample Clauses
Hollis. Eden has complied (and until the Effective Xxxx xxxx xomply) in all material respects with the provisions of the Code relating to the payment and withholding of Taxes and has, within the time and in the manner prescribed by Law, withheld from employee wages and paid over to the proper Governmental Authorities all amounts required.
Hollis. Eden shall make any necessary payments, commencing as xxxx as working capital is available to Hollis-Eden but not later than August 1995, due pex xxxxxx 0.2 of the Edenland License Agreement in order to protect the World Patent Rights granted to Hollis-Eden per the said Agreement. These paymentx xxxxx xx in the order of $5,000 per month and shall not be deductible from the fees payable under Section 2 above.
Hollis. Eden has not granted any license or agreed to pay or receive any royalty in respect of any Intellectual Property; and
Hollis. Eden shall make any necessary payments, commencing whxx working capital is available to Hollis-Eden but not later than August 1995, due pex xxxxxx 0.2 of the Colthurst License Agreement in order to protect thx Xxxxx Xatent Rights granted to Hollis-Eden per the said Agreement. These payments xxxxx xx xn the order of $5,000 per month and shall not be deductible from the fees payable under Section 2 above.
Hollis. Eden has used its reasonable commercial xxxxxxx xx receive from each inventor named in each Patent Application and Patent all prior art, written or otherwise available from such inventor, relating to the subject matter claimed in any of them, and the names of each contributor toward the invention(s) claimed in each.
Hollis. Eden has obtained from each inventor of xxx Xxxxxx Applications and Patents that such inventor(s) have disclosed to counsel who prepared each of the Patent Applications and the applications underlying the Patents all prior art of which said inventor(s) are aware.
Hollis. Eden sub-licenses either in full or any part thereof, xx the technology received pursuant to, or developed from, the Colthurst License Agreement provided that funds received by Licensor from the sub-licensing arrangement shall be applied toward the minimum royalty amount in the year in which such funds are received by Licensor; or
Hollis. Eden, promptly following the execution of xxxx Xxxxement, shall call a meeting of stockholders (the "Hollis-Eden Stockholders' Meeting" and, together with the XXX Stockholders' Meeting, the "Meetings") to be held as promptly as practicable following the declaration of effectiveness by the SEC of the Registration Statement at Hollis-Eden's principal executive offices, for txx xxxxxxx, xmong others, of voting on the Merger contemplated herein. In connection with the Hollis- Eden Stockholders' Meeting, Hollis-Eden shxxx xxxxxxxxxxx xx xxxh holder of xxxxxx xx Hollis-Eden Common Stock for his or its informaxxxx x xxxy of the Joint Proxy Statement. Hollis-Eden shall cause its representatives to cxxxxxxxx xith IAC and its representatives in connection with the preparation and filing with the SEC of the Registration Statement.
Hollis. Eden has no knowledge which, directly or xxxxxxxxxx, indicates an infirmity in any claim of the Patents or Patent Applications or any basis for invalidity or unenforceability of any claim of the Patents or Patent Applications.
Hollis. Eden has delivered to IAC for inspection xxx xxxxxxx a true copy of each document in Hollis-Eden's possession relating directly or xxxxxxxxxx to each Patent Application, Patent and license agreement relating to the technology of Hollis-Eden's present and intended business axxxxxxxxx xxd has disclosed to IAC each and all facts, test results and other information known to Hollis-Eden which has, or to its knowledge may haxx, xxx xxxative impact upon the efficacy of the technology of the Patent Applications and Patents.