Maintenance of Alpex Agreement Sample Clauses

Maintenance of Alpex Agreement. Citius shall at all times during the Term (i) maintain the Alpex Agreement in good standing, (ii) diligently perform its obligations under the Alpex Agreement, and not commit breach of any provision thereof; (iii) exercise its rights under the Alpex Agreement relating to the Product in the Territory (in consultation with and at the direction of Licensee), including, but not limited to, with respect to assistance by Alpex in regulatory and development matters, and with respect to consultation and cooperation by Alpex with respect to patent prosecution and enforcement matters; (iv) not amend or agree to an amendment of the Alpex Agreement in any manner that would impair or otherwise relates to Licensee’s rights hereunder without the prior, written consent of Licensee and (v) not provide Alpex with any Product Termination Notice (as defined in the Alpex Agreement) pursuant to Section 4.6 of the Alpex Agreement, or otherwise abandon, forfeit or waive any of its rights under the Alpex Agreement, or exercise any termination right under the Alpex Agreement. Citius shall promptly notify Licensee in the event that it receives a notice from Alpex that Citius has breached the Alpex Agreement, or that Alpex intends to terminate or convert to non-exclusive any rights granted to Citius in the Territory under the Alpex Agreement, and shall permit Licensee, at Citius’s expense to take such steps as may be necessary to cure such breach and/or prevent such termination or conversion, as applicable; provided, however, that in no event will Licensee have any obligation to take any such steps to cure any such breach or to prevent any such termination or conversion.
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Related to Maintenance of Alpex Agreement

  • Maintenance of Licenses The Owner Trustee will obtain and maintain any licenses that the Administrator informs the Owner Trustee are required to be obtained or maintained by the Owner Trustee under the laws of any State in connection with the Owner Trustee’s duties and obligations under the Transaction Documents.

  • OPERATION AND MAINTENANCE OF COMMON AREAS During the Term, Landlord shall operate all Common Areas within the Building and the Project. The term “Common Areas” shall mean all areas within the Building, Project and other buildings in the Project which are not held for exclusive use by persons entitled to occupy space.

  • Maintenance of Facilities 5.1 The Network Customer shall maintain its facilities necessary to reliably receive capacity and energy from the Host Transmission Owner’s transmission system consistent with Good Utility Practice. The Transmission Provider or Host Transmission Owner, as appropriate, may curtail service under this Operating Agreement to limit or prevent damage to generating or transmission facilities caused by the Network Customer’s failure to maintain its facilities in accordance with Good Utility Practice, and the Transmission Provider or Host Transmission Owner may seek as a result any appropriate relief from the Commission.

  • Maintenance of Patents 11 5.5. Prosecution of Patent Application................................. 11 5.6.

  • Maintenance of Existence and Rights Shall preserve and maintain its corporate existence, authorities to transact business, rights and franchises, trade names, patents, trademarks and permits necessary to the conduct of its business.

  • Operation and Maintenance of Properties The Borrower, at its own expense, will, and will cause each Subsidiary to:

  • Maintenance of Existence, etc Maintain and preserve, and (subject to Section 11.5) cause each other Loan Party to maintain and preserve, (a) its existence and good standing in the jurisdiction of its organization and (b) its qualification to do business and good standing in each jurisdiction where the nature of its business makes such qualification necessary (other than such jurisdictions in which the failure to be qualified or in good standing could not reasonably be expected to have a Material Adverse Effect).

  • Maintenance of Existence The Fund shall continue to maintain its existence as a business trust under the laws of the Commonwealth of Massachusetts, with full right and power to issue the New VMTP Shares and to execute, deliver and perform its obligations under this Agreement and each Related Document.

  • Maintenance of Liquidity Seller shall ensure that, at all times, it has unrestricted cash and Cash Equivalents in an amount not less than the related Liquidity Amount.

  • Maintenance of and Access to Records The Servicer will maintain each Receivable File in the United States (it being understood that the Receivable Files, or any part thereof, may be maintained at the offices of any Person to whom the Servicer has delegated responsibilities in accordance with Section 6.5). The Servicer will make available to the Issuer and the Indenture Trustee or their duly authorized representatives, attorneys or auditors a list of locations of the Receivable Files upon request. The Servicer will provide access to the Receivable Files, and the related accounts records, and computer systems maintained by the Servicer at such times as the Issuer or the Indenture Trustee direct, but only upon reasonable notice and during the normal business hours at the respective offices of the Servicer.

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