Limits on Disposition Sample Clauses

Limits on Disposition. In no case may GSK enter into any settlement or consent judgment or other voluntary final disposition that: (a) extends, or purports to exercise, GSK’s rights under the Santarus IP beyond the rights expressly granted pursuant to this Agreement, (b) makes any admission regarding wrongdoing by Santarus or UMissouri or any other licensor of Santarus Patents, or the invalidity, unenforceability or absence of infringement of any Santarus Patents; (c) subjects Santarus to an injunction or other equitable relief; or (d) obligates Santarus to make a monetary payment; in all cases without the prior written consent of Santarus. Similarly, in no case may Santarus enter into any settlement or consent judgment or other voluntary final disposition that: (i) limits GSK’s rights under the Santarus IP or under this Agreement other than as expressly stated herein; (ii) makes any admission regarding wrongdoing on the part of GSK, an Affiliate or Sublicensee, or the invalidity, unenforceability or absence of infringement of any GSK IP; (iii) subjects GSK to an injunction or other equitable relief; (iv) obligates GSK to make a monetary payment; or (iv) extends, or purports to exercise, Santarus’ rights under the GSK IP beyond the rights expressly granted pursuant to this Agreement; in all cases without the prior written consent of GSK.
Limits on Disposition. In no case may Schering enter into any settlement or consent judgment or other voluntary final disposition that: (i) extends, or purports to exercise, Schering’s rights under the Santarus IP beyond the rights granted pursuant to this Agreement, (ii) makes any admission regarding wrongdoing by Santarus or the Curators of the University of Missouri, or the invalidity, unenforceability or absence of infringement of any Santarus Patents; (iii) subjects Santarus to an injunction or other equitable relief; or (iv) obligates Santarus to make a monetary payment; in all cases without the prior written consent of Santarus, which consent shall not be unreasonably withheld or delayed. Similarly, in no case may Santarus enter into any settlement or consent judgment or other voluntary final disposition that: (a) limits Schering’s rights under the Santarus IP or under this Agreement other than as expressly stated herein; (b) makes any admission regarding wrongdoing on the part of Schering, an Affiliate or Sublicensee, or the invalidity, unenforceability or absence of infringement of any Schering Incorporated IP; (c) subjects Schering to an injunction or other equitable relief; (d) obligates Schering to make a monetary payment; or (e) extends, or purports to exercise, Santarus’ rights under the Schering Incorporated IP beyond the rights granted pursuant to this Agreement; in all cases without the prior written consent of Schering, which consent shall not be unreasonably withheld or delayed.
Limits on Disposition. GSPI understands that the Stock has not been registered under the Securities Act or any other applicable securities laws, and, therefore, cannot be resold unless they are subsequently registered under the Securities Act and other applicable securities laws or unless an exemption from such registration is available. GSPI agrees not to resell or otherwise dispose of all or any part of the Stock except as permitted by law, including, without limitation, any regulations under the Securities Act and other applicable securities laws.
Limits on Disposition. Other than in accordance with the Project Agreement, there is to be no disposition of the securities or assets of the proponent.
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