Palomar Covenant Sample Clauses

Palomar Covenant. Subject to the terms and conditions of this Agreement and the MGH Agreement (including any royalty provisions applicable to Lumenis Other Modules as contemplated by Section 4.3(c)), Palomar covenants not to xxx or to bring any action or other judicial procedure against Lumenis, its Affiliates and Sublicensees, and their (sub)licensees and customers for infringement of the Xxxxxxxx Patents for the manufacture, use, sale, offer for sale or importation of any product, component or module that meets both of the two following criteria: (1) such product, component or module is Sold by Lumenis, its Affiliates or Paying Sublicensees, and (2) such product, component or module is not marketed by or on behalf of Lumenis or one or more of its Affiliates or Sublicensees or their (sub)licensees as being capable of removing hair. Lumenis shall not have any right to assign or otherwise transfer such covenant without Palomar’s prior written consent, except in connection with a permitted assignment pursuant to Section 8.3.
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Related to Palomar Covenant

  • Director Covenants Director agrees that for a period of two (2) years from the Effective Time, Director shall not, directly or indirectly, individually or as an employee, partner, officer, director, promoter or shareholder or in any other capacity whatsoever, except in the performance of customary legal, accounting, insurance, or investment or investment management services as performed at the time of execution of the Agreement or of a similar nature:

  • Particular Covenants 5.01 Payments of Principal, Premium, if any, and Interest, if any. The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay or cause to be paid the principal of, premium, if any, and interest, if any, on the Securities of that series at the times and places and in the manner provided herein and in the Securities of that series.

  • Other Covenants (Section 5.1): Borrower shall at all times comply with all of the following additional covenants:

  • Seller Covenants Seller covenants and agrees as follows:

  • Purchaser Covenants Purchaser shall have performed and complied in all material respects with all agreements and covenants required to be performed and complied with by Purchaser under this Agreement at or prior to the Closing Date; and

  • Buyer Covenants The Buyer covenants as follows:

  • Interim Covenants During the period from the date of this Agreement and continuing until the Closing, the Seller and the Stockholders each agree (except as expressly contemplated by this Agreement or to the extent that Buyer shall otherwise consents in writing) that:

  • Further Covenants The Company hereby covenants and agrees that:

  • BORROWER COVENANTS Borrower covenants and agrees that:

  • Guarantor Covenants Each Guarantor shall take such action as the Borrower is required by this Agreement to cause such Guarantor to take, and shall refrain from taking such action as the Borrower is required by this Agreement to prohibit such Guarantor from taking.

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