Ownership or Control Sample Clauses

Ownership or Control. The Operator shall comply with the following provisions: (a) concurrently with execution of this Agreement, the Operator shall, if it has not previously done so, certify and submit to AHS all of the ownership and control information related to the Operator and the Facility contemplated by the HCP Act and regulations; (b) the Operator will advise AHS of any proposed changes in the ownership or control of either the Operator or the Facility during the Term whenever and as frequently as such changes occur, such notice to be provided not less than sixty (60) days prior to the proposed effective date of the change; (c) the Operator shall not permit a change in either the ownership or control of either the Operator or the Facility during the Term, without the prior written consent of the Minister. For the purposes of this Agreement a change in ownership or control shall be deemed to occur if and whenever the same would occur pursuant to the HCP Act and regulations; and (d) where any change in ownership or control occurs and is approved by the Minister, the Operator shall update the requested ownership information provided to AHS and the Minister. No change in the ownership or control of either the Operator or the Facility shall occur until all approvals of the Minister or Professional Governing Body required pursuant to Applicable Laws have been obtained. The Operator shall provide AHS with copies of any applications for the Minister‟s approval to any change in ownership or control submitted by the Operator and, when issued, copies of all responses or approvals by the Minister to such applications.
AutoNDA by SimpleDocs
Ownership or Control. The Operator shall comply with the following provisions: (a) concurrently with execution of this Agreement, the Operator shall, if it has not previously done so, certify and submit to AHS all of the ownership and control information related to the Operator and the Facility contemplated by the HCP Act and regulations; (b) the Operator will advise AHS of any proposed changes in the ownership or control of either the Operator or the Facility during the Term whenever and as frequently as such changes occur, such notice to be provided not less than sixty
Ownership or Control. Custodian and Depository Bank hereby certify that Custodian is not owned directly or indirectly by any parent corporation of Depository Bank and that Custodian and Depository Bank do not have common controlling shareholders or a common majority of the board of directors or common directors with the ability to control or influence directly or indirectly the acts or policies of Depository Bank. Custodian and Depository Bank shall immediately notify PMIB of any change in ownership of either party that affects this certification and shall transfer the securities to another custodian that is acceptable to PMIB.
Ownership or Control. Except with respect to Patent Rights and Know-How licensed to Regeneron under the Existing Licenses, (a) Regeneron or its Affiliate Controls the Regeneron IP, and (b) Regeneron owns all right, title, and interest in and to all Regeneron Patent Rights in existence as of the Effective Date. Schedule 1.165 lists all Patent Rights Controlled by Regeneron or any of its Affiliates as of the Effective Date that qualify as Regeneron Patent Rights based on the definition thereof, [***];
Ownership or Control. Summit is the sole and exclusive owner of all Summit Patent Rights set forth on Schedule 1.89 as of the Effective Date. All of such Summit Technology solely and exclusively owned by Summit is free and clear of claims, liens, charges or encumbrances that are inconsistent with the rights granted to Sarepta under this Agreement.
Ownership or Control. The Operator shall comply with the following provisions:
Ownership or Control. The transfer of more than twenty-five percent (25%) of the economic interest in Tenant or any entity that directly or indirectly controls or owns fifty percent (50%) or more of Tenant in one or more transactions, regardless of whether Tenant is a publicly or privately held entity, shall constitute a Transfer within the meaning of this Section 113.
AutoNDA by SimpleDocs
Ownership or Control. PTI Controls the Licensed Technology in existence as of the Effective Date and, except for any Patent Rights within the Licensed Technology in existence as of the Effective Date that are Controlled by PTI under a Third Party Agreement and sublicensed to Biogen Idec, PTI is the sole and exclusive owner of, or solely Controls, the Licensed Technology in existence as of the Effective Date, and no other Person has any claim of ownership with respect to such Licensed Technology. PTI has not previously assigned, CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. transferred, conveyed or otherwise encumbered its right, title and interest in or to the Licensed Technology in a manner inconsistent with the rights and licenses granted to Biogen Idec under this Agreement.
Ownership or Control. The Operator shall comply with the following provisions: (a) prior to commencement of the Services pursuant to this Agreement, the Operator shall, if it has not previously done so, certify and submit to the RHA all of the ownership and control information related to the Operator and the Facility contemplated by The Health Facilities Licensing Act (Saskatchewan) and regulations; (b) the Operator will advise the RHA of any proposed changes in the ownership, beyond nominal minority ownership changes, or control of either the Operator or the Facility during the Term whenever and as frequently as such changes occur, such notice to be provided not less than sixty (60) days prior to the proposed effective date of the change; (c) the Operator shall not permit a change in either the ownership, beyond nominal minority ownership changes, or control of either the Operator or the Facility during the Term, without the prior written consent of the RHA; and (d) where any change in ownership, beyond nominal minority ownership changes, or control occurs and is approved by the RHA, the Operator shall update the requested ownership information provided to the RHA.
Ownership or Control. (a) Concurrently with execution of this Agreement, the Operator shall, if it has not previously done so, certify and submit to Capital Health all ownership and control information related to the Operator and the Facility; (b) The Operator will advise Capital Health immediately of any changes in the ownership or control of either the Operator or the Facility during the Term whenever and as frequently as such changes occur; (c) In the event of any change in ownership or control or the Operator or Facility, Capital Health may, unless the Minister and Capital Health approve such a change, immediately terminate this Agreement on notice to the Operator; and (d) Where any change in ownership or control occurs and is approved by the Minister and Capital Health, the Operator shall update the requested ownership information provided to Capital Health and the Minister. No change in the ownership or control of either the Operator or the Facility shall occur until all approvals of the Minister, Capital Health or as may be required pursuant to Applicable Laws have been obtained.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!