ISTC Sample Clauses

ISTC. Reference is made to an agreement between Biomira and Her Majesty the Queen in the Right of Canada as represented by Industry, Science and Technology Canada ("ISTC") dated as of July 25, 1991 (the "ISTC Agreement"). Biomira represents and warrants that it has executed and delivered an agreement with ISTC in the form of EXHIBIT B to this Agreement (the "Industry Canada Agreement"), and that, as a result thereof, the ISTC Agreement has been terminated, and all obligations thereunder to ISTC have also been terminated. In support of Biomira's obligations under the Industry Canada Agreement, AltaRex agrees to pay to Biomira (or to ISTC if so directed by Biomira) CDN $4,186,326.49 on the Effective Date (the "ISTC Payment").
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Related to ISTC

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