Partner Projects Sample Clauses

Partner Projects. If a Party exercises its rights under a Reservation License in connection with a Partner Project, subject to Section 10.1.2 hereof, such Party shall pay to the other Party within [*] days after the exercise of such Reservation License (a) the [*] of (i) [*], and (ii) the amount that equals [*] of any amount paid to such Party (or its Affiliate) by its Partner as a reservation license fee (or its equivalent), with respect to any sublicense under such Reservation License granted in connection with a Partner Project involving a Partner Headquartered in such Party's Primary Promotional Area, calculated in U.S. Dollars on the basis of the Designated Exchange Rate in effect as of the date of payment pursuant to this Section 10.2.2; and (b) the [*] of (i) [*], and (ii) the amount that equals [*] of any amount paid to the Party (or its Affiliate) by its Partner as a reservation license fee (or its equivalent), with respect to any sublicense under such Reservation License granted in connection with a Partner Project that includes a Partner Headquartered in the other Party's Primary Promotional Area, converted into U.S. Dollars on the basis of the Designated Exchange Rate in effect as of the date of payment pursuant to this Section 10.2.2; provided, however, that if rights under a Reservation License are exercised by a Party in connection with a Partner Project involving a Partner Headquartered in such Party's Primary Promotional Area, such Party may request that [*] described above[*]; and provided, further that if rights under a Reservation License are exercised by a Party in connection with a Partner Project involving a Partner Headquartered in the other Party's Primary Promotional Area, such Party may request that the [*] described above, which [*], for the avoidance of doubt, Medarex hereby acknowledges that it has granted to Kirin [*] in relation to [*] by Kirin to Medarex hereunder with respect to each such sublicense for the [*] Reservation License Period, and a [*] renewal of such sublicense); and provided, further, that with respect to any sublicense under a Reservation License granted by Medarex to a [*] in connection with a Medarex Partner Project, Medarex shall be obligated to pay Kirin, in lieu of the amount set forth in clause (a) of this Section 10.2.2, the amount that [*] of the amount, if any, paid to Medarex (or its Affiliate) by such [*] as a reservation license fee (or its equivalent); and provided, further, that with respect to any sublicense u...
Sample 1
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Partner Projects. Each Party may conduct a Partner Project only in accordance with the terms of this Article VI. Except as provided in Sections 6.2 [*] hereof, during the period beginning on December 27, 1999, and ending on the last day of the Term, (a) Medarex represents that it (and Medarex Affiliates) has entered and agrees that it (and its Affiliates) will enter into Project Agreements governing one or more Medarex Partner Projects only with Third Parties Headquartered in the Medarex Primary Promotional Area, and (b) except for that certain Research and Commercialization Agreement effective as of April 15, 2001, entered into by Kirin with Corixa Corporation, Kirin represents that it (and Kirin Affiliates) has entered and agrees that it (and its Affiliates) will enter into Project Agreements governing one or more Kirin Partner Projects only with Third Parties Headquartered in the Kirin Primary Promotional Area. In addition, except as provided in Sections 6.2 and 6.3 hereof, during the period beginning on December 27, 1999, and ending on the last day of the Term Medarex represents that it (and its Affiliates) have entered and agrees that it (and its Affiliates) will enter into Project Agreements governing one or more HuMAb License Projects only with Third Parties Headquartered in the Medarex Primary Promotional Area. The Parties shall discuss in good faith [*], whether the Kirin Primary Promotional Area shall be expanded to include Third Parties Headquartered in Australia and New Zealand, with a corresponding modification to the Medarex Primary Promotional Area.
Sample 1

Related to Partner Projects

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Projects 3.3.1 Exult Supplier shall perform the impact analysis as described in Section 4.

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Business Plan and Budget To the extent requested by any Initial Lender, as soon as available, but in any event within thirty (30) days after the end of each fiscal year of the Borrower, an annual business plan and budget of the Borrower and its Subsidiaries on a Consolidated basis, including forecasts prepared by management of the Borrower, in form satisfactory to such Lender, of Consolidated balance sheets and statements of income or operations and cash flows of the Borrower and its Subsidiaries on a monthly basis for the immediately following fiscal year. As to any information contained in materials filed with the SEC or furnished pursuant to Section 6.2(f), the Borrower shall not be separately required to furnish such information under Section 6.1(a) or (b) above, but the foregoing shall not be in derogation of the obligation of the Borrower to furnish the information and materials described in Sections 6.1(a) and (b) above at the times specified therein.

  • Project The Land and all improvements thereon, including the Building, the Parking Facilities, and all Common Areas.

  • Annual Business Plan and Budgets As soon as available but in any event no later than 45 days following the end of each fiscal year of the Borrower, an annual business plan and budget of the Consolidated Parties containing, among other things, pro forma financial statements for the next four fiscal quarters and the next fiscal year.

  • Capital Projects 1. That certain project related to AFE# 097100014 and AFE# 107100014 at the Amorco terminal, which provide repairs and upgrades to the wharf regarding MOTEMS standards.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Partnership Property All property, real, personal, tangible, intangible, or mixed, acquired by or contributed to the Partnership shall be owned by the Partnership and titled in its name and such property shall not be owned individually by any Partner. Each Partner acknowledges and agrees that the System and all elements thereof, are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Proprietary Marks are the exclusive property of the Company and are not Partnership property. Each Partner acknowledges and agrees that the Partnership shall not acquire or own any land or buildings. Any land or buildings used in the Partnership business shall be acquired and owned by the Company or an Affiliate of the Company and leased to the Partnership at reasonable rates and terms, and such land and buildings shall not be Partnership property.

  • Annual Business Plan and Budget As soon as practicable and in any event not later than thirty (30) days after the end of each Fiscal Year, a business plan and operating and capital budget of the Borrower and its Subsidiaries for the ensuing four (4) fiscal quarters, such plan to be prepared in accordance with GAAP and to include, on a quarterly basis, the following: a quarterly operating and capital budget, a projected income statement, statement of cash flows and balance sheet, calculations demonstrating projected compliance with the financial covenants set forth in Section 9.15 and a report containing management’s discussion and analysis of such budget with a reasonable disclosure of the key assumptions and drivers with respect to such budget, accompanied by a certificate from a Responsible Officer of the Borrower to the effect that such budget contains good faith estimates (utilizing assumptions believed to be reasonable at the time of delivery of such budget) of the financial condition and operations of the Borrower and its Subsidiaries for such period.

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