Ownership Retention. 22.1 Nilimedix retains the ownership of all products delivered to the Distributor to secure payment of all amounts due under this agreement. The ownership shall terminate upon receipt of payment in full of Nilimedix invoices.
22.2 If Distributor fails to pay any amount when due, Nilimedix will have the right to repossess and remove all or any part of the products, that haven’t been paid for. Any repossession or removal will be without prejudice to any other remedy or rights of Nilimedix under this agreement.
22.3 Furthermore, on Nilimedix’s first request Nilimedix shall have a right of pledge over the products in possession of Distributor in order to secure the prompt and full payment of the outstanding invoices. Nilimedix shall register this pledge as appropriate.
22.4 Any legal action of third parties to products mentioned in this article, are to be made known to Nilimedix at once.
22.5 Distributor agrees not to secure products which have not been paid for in full in its possession as collateral for the benefit of third parties.
Ownership Retention. Company and its affiliates, suppliers and licensors own and retain all right, title and interest in and to: (i) the Software and the applicable Documentation including all copies, components, upgrades, modifications, enhancements, and derivative works thereof, including all intellectual property rights embodied therein or related thereto; (ii) all of the service marks, trademarks, trade names or any other designations associated with the Software; and (iii) all copyrights, patent rights, trade secret rights, and other proprietary rights relating to the Software and the Documentation. Licensee acknowledges and agrees that it shall have no rights with respect to any of the foregoing other than the rights expressly set forth in this Agreement.
Ownership Retention. The ASSIGNEE expressly accepts that the whole transfer of the rights, object of this present contract, will be conditioned to the full payment of the amounts described in the before mentioned Third clause. /s/xxxxxx /s/RT Surrender of Rights Contract celebrated between ATOTONILCO CONSTRUCCIONES, SA. DE C.V., and CORPORACIÓN AMERMIN, S.A. DE C.V., and date on the 2nd January 2007. Once the PRICE is covered in full, the ASSIGNER commits himself to deliver in favor of the ASSIGNEE whatever documents required from him and related to the object of this present contract, as well as to cooperate actively in the promotion and paper work of any act before the corresponding authorities, specifically, the liberation of the rights’ Title holding before the General Directory of Mines.
Ownership Retention. All right, title, in all tangible and intangible property, work products, ideas, inventions, discoveries and improvements, whether patentable or not, owned by the Seller, shall remain in his sole property. The Buyer did not consider in the use of the Seller of trademarks, trade names, registered signs, copyrights, trade secrets, or designs, and there is nothing in this Agreement that gives the Buyer an interest in these.
Ownership Retention. (a) Manager represents and warrants that the attached Schedule 13 ----------- describes the existing ownership and voting rights of AirGate, L.L.C. and the proforma organizational and ownership structure of Manager and the entities labeled "Holding Company" and "Intermediate Wholly-Owned Subsidiary" when the latter two entities are formed. _________________________ * Portions of the specified exhibit has been omitted pursuant to a request for confidential treatment and filed separately with the Commission.
(b) The following events will be an Event of Termination under Section 11.3.3 of the Management Agreement:
(i) The sale, transfer, assignment, gift or pledge (each being a "Transfer") by W. Xxxxx Xxxxx, Xxxxxx X. Body, III, Xxxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxxx or the Xxxxxx X. Xxxxxxx and Associates, L.P. (each being a "Principal," including Xxxxxx X. Xxxxxxx individually, and collectively being the "Principals"), of such Principal's equity or voting interest in any of the entities described on Schedule 13 for five years after the date of the Management ----------- Agreement, except that the following Transfers are permitted so long as and to the extent they are permitted under the Management Agreement: (A) a Transfer of a direct or indirect ownership interest in AirGate, L.L.C. to such Principal's spouse, child, adopted child, stepchild, grandchild, parent or sibling, or to a trust established for the benefit of any of the foregoing, provided that the Principal retains control of the voting rights associated with the ownership interest and remains bound by the terms of this paragraph 13 of this Addendum; (B) a Transfer upon the death of a Principal, provided that such Transfer is to another Principal or to a person whose interest is subject to paragraph 13 of this Addendum; and (C) a Transfer of up to 30% of such Principal's equity interest in each such entity after the third anniversary of the Management Agreement, so long as after any such Transfer, the Principals control, directly or indirectly, the right to elect or designate more than 50% of the managers of AirGate, L.L.C.
(ii) For five years after the date of the Management Agreement or until an initial public offering of equity in any of the entities described in Schedule 13, whichever occurs first, the failure ----------- of the Principals to elect or designate or to cause to be elected or designated Principals or other individuals acceptable to Sprint PCS, which acceptance will not be unreasona...
Ownership Retention. The shares of Common Stock underlying the RSU’s and PSU’s shall only be saleable or otherwise transferable by the Executive prior to termination of his employment with the Company (i) as necessary to pay taxes on the distributed stock, (ii) to trusts or other entities established for the benefit of the Executive and/or his immediate family members, subject to such trusts or other entities agreeing in writing to retain such shares of Common Stock during the period of the Executive’s employment with the Company, subject to sub-section (iii), (iii) if at the time of such sale or other transfer, the value of the Common Stock owned by the Executive and by trusts or other entities established for the benefit of the Executive and/or his immediate family members (and not subject to forfeiture conditions and not including options) shall, and would immediately after any sale or other transfer, exceed five million dollars ($5,000,000) in value, or (iv) as otherwise approved by the Board in its sole discretion.
Ownership Retention. (a) Manager represents and warrants that the attached Schedule 13 ----------- describes the existing ownership and voting rights of AirGate, L.L.C. and the proforma organizational and ownership structure of Manager and the entities labeled "Holding Company" and "Intermediate Wholly-Owned Subsidiary" when the latter two entities are formed. _________________________ * Confidential portions omitted and filed separately with the Commission.
(b) The following events will be an Event of Termination under Section 11.3.3
Ownership Retention. 14.1 Without prejudice to article 8 of these terms, all products supplied by or on behalf of Xxxxxx remain the property of Xxxxxx until the moment that the debt of client towards Xxxxxx has been fully settled, this debt being the amount or the account that client owes to Marike inclusive of all interest and costs.
14.2 For as long as the ownership of products remains with Xxxxxx on the basis of this article, client is obliged to hold the products in such a way that they can easily and clearly be identified as the products of Marike.
14.3 At first request of Xxxxxx, client must authorize the immediate return of those Marike products which have not yet been fully paid for where ever those products may be.
14.4 Client is entitled to sell or use products under ownership retention within the framework of normal business operations. However, no right of security can be bestowed on those products nor can they be encumbered or made a part or an element of one or more other goods. When products under Xxxxxx’s ownership retention are sold on by or on behalf of client, client is obliged to retain ownership for himself and at Xxxxxx’s first request to cede to Xxxxxx all demands against the client’s debtor, up to the amount that client owes to Xxxxxx.
Ownership Retention. (a) Section 95 subsidized housing units belong to the Band for as long as the subsidy program is in place. When the mortgage is paid in full, the subsidy is removed and the Band is under no CMHC program restrictions. It is the Band’s prerogative to retain the ownership of the housing unit for the rest of its life span or to transfer ownership to the Tenant if all amounts are paid, there are no arrears owing, and/or there are no receivables owing to the Band.
(b) The Band remains the rightful owner of the housing unit until a Home Ownership Agreement (see “Schedule 23”) has been signed by the Band and the future owner.
Ownership Retention. 14.1 Without prejudice to article 8 of these terms, all products supplied by or on behalf of Not Only White B.V. remain the property of Not Only White B.V. until the moment that the debt of client towards Not Only White
B. V. has been fully settled, this debt being the amount or the account that client owes to Not Only White B.V. inclusive of all interest and costs.
14.2 For as long as the ownership of products remains with Not Only White B.V. on the basis of this article, client is obliged to hold the products in such a way that they can easily and clearly be identified as the products of Not Only White B.V..
14.3 At first request of Not Only White B.V., client must authorize the immediate return of those Not Only White B.V. products which have not yet been fully paid for where ever those products may be.
14.4 Client is entitled to sell or use products under ownership retention within the framework of normal business operations. However, no right of security can be bestowed on those products nor can they be encumbered or made a part or an element of one or more other goods. When products under Not Only White B.V.’s ownership retention are sold on by or on behalf of client, client is obliged to retain ownership for himself and at Not Only White B.V.’s first request to cede to Not Only White B.V. all demands against the client’s debtor, up to the amount that client owes to Not Only White B.V..
