Intervention of Xxxxxx Xxxxxxxx. The Intervenor intervenes herein, for purposes only of: (i) his obligations set forth in Sections 5.1.10, 5.1.l l and 5.1.12; and (ii) to become surety of the Assignee's obligations pursuant to Sections 5.1.10, 5.1.11 and 5.1.12, only to the extent that the Intervenor controls the Assignee (as the term "control" is defined in the Canada Business Corporations Act), the whole in accordance with Section 2333 of the Civil Code of Quebec, the Intervenor herby renouncing to the benefit of discussion and division.
Appears in 3 contracts
Samples: Intellectual Property Assignment Agreement, Escrow Agreement (Loop Industries, Inc.), Intellectual Property Assignment Agreement (First American Group Inc.)
Intervention of Xxxxxx Xxxxxxxx. The Intervenor intervenes herein, for purposes only of: (i) his obligations set forth in Sections 5.1.10, 5.1.l l and 5.1.12; and (ii) to become surety of the Assignee's ’s obligations pursuant to Sections 5.1.10, 5.1.11 and 5.1.12, only to the extent that the Intervenor controls the Assignee (as the term "“control" ” is defined in the Canada Business Corporations Act), the whole in accordance with Section 2333 of the Civil Code of Quebec, the Intervenor herby renouncing to the benefit of discussion and division.
Appears in 1 contract
Samples: Intellectual Property Assignment Agreement (Loop Industries, Inc.)
