Original Deposit. Pursuant to the Termination Agreement, Sellers, as their sole and exclusive remedy, recovered the Deposit as liquidated damages in full satisfaction of any and all claims against Original Purchaser. The Deposit recovered by Sellers shall not be credited against the Purchase Price due at Closing by New Purchaser. Sellers and Summit acknowledge and agree that the Deposit previously recovered by Sellers satisfied any and all claims against Original Purchaser arising out of, relating to or in connection with the Purchase Agreement and/or the Termination Agreement and that New Purchaser shall have no rights to the Original Deposit and shall have no liability or obligation arising out of, relating to or in connection with the prior termination of the Purchase Agreement.
Original Deposit. Concurrently with the Closing, the Joint Venturers shall deliver, or cause to be delivered, to the Security Agent, the Software as security for the Joint Venturers' obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to the Joint Venturers, forwarding the same to the Security Agent with a copy to the Joint Venturers.
Original Deposit. (a) The microorganism transmitted by the depositor to the international depositary authority shall, except where Rule 6.2 applies, be accompanied by a written statement bearing the signature of the depositor and containing:
(i) an indication that the deposit is made under the Treaty and an undertaking not to withdraw it for the period specified in Rule 9.1;
(ii) the name and address of the depositor;
(iii) details of the conditions necessary for the cultivation of the microorganism, for its storage and for testing its viability and also, where a mixture of microorganisms is deposited, descriptions of the components of the mixture and at least one of the methods permitting the checking of their presence;
(iv) an identification reference (number, symbols, etc.) given by the depositor to the microorganism;
(v) an indication of the properties of the microorganism which are or may be dangerous to health or the environment, or an indication that the depositor is not aware of such properties.
(b) It is strongly recommended that the written statement referred to in paragraph (a) should contain the scientific description and/or proposed taxonomic designation of the deposited microorganism.
Original Deposit. Simultaneously with the execution and delivery of this Agreement, Parent shall deposit with the Escrow Agent the Escrowed Shares. The Escrowed Shares shall be issued in book-entry form and thus shall be registered in the name of the Escrow Agent, as Escrow Agent for the benefit of Sellers under this Agreement.
Original Deposit. Concurrently with the Closing, [PURCHASER 5] shall deliver, or cause to be delivered, to the Security Agent, the Shares, duly endorsed in blank, as security for [PURCHASER 5]'s obligations to ALYA under the Purchase Agreement.
Original Deposit. Simultaneously with the execution of this Agreement, each Principal has deposited with the Escrow Agent, for credit to such Principal's Account, (i) a certificate registered in the name of such Principal representing the number of shares of Parent Common Stock set forth opposite such Principal's name on Schedule A hereto, and (ii) a certificate registered in the name of such Principal representing the number of shares of Parent Series B Stock set forth opposite such Principal's name on Schedule A hereto. Each such certificate has been accompanied by a stock transfer power executed in blank by the Principal in whose name the certificate is registered.
Original Deposit. Concurrently with the Closing, VTS shall deliver, or cause to be delivered, to the Security Agent, the Shares, duly endorsed in blank, as security for VTS's obligations to ALYA under the Purchase Agreement.
Original Deposit. Concurrently with the Closing, Silver shall deliver, or cause to be delivered, to the Security Agent, the Software as security for Silver's obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to Silver, forwarding the same to the Security Agent with a copy to Silver.
Original Deposit. Concurrently with the Closing, Xxxxxxxx shall deliver, or cause to be delivered, to the Security Agent, the Software as security for Xxxxxxxx'x obligations to Alya under the Note. Alya shall examine the Software as delivered, and certify the completeness and accuracy of the Software in a letter, the form and content of which is acceptable to Xxxxxxxx, forwarding the same to the Security Agent with a copy to Xxxxxxxx.
Original Deposit. The microorganism transmitted by the depositor to the international depositary authority shall, except where Rule 6.2 applies, be accompanied by a written statement bearing the signature of the depositor and containing:
