Payments to CG Sample Clauses

Payments to CG. JT shall pay to CG the following: (A) an amount equal to [*] of the amounts budgeted to be incurred by CG in accordance with the then-current Development Plan and Budget (or in the case of Manufacturing Facilities, plans for such Manufacturing Facilities approved by the Development Committee) over the [*] period after the notice of termination under Section 19.3.1, or after the effective date of termination under Section 19.2.1 (in each case the "Post-Termination Period") related to (i) Manufacturing Facilities (including amounts for construction, management, upkeep or leases therefor) and (ii) clinical trials for Collaboration Products ongoing during the Post-Termination Period (including costs of CG FTEs, outside clinical staff, and Production Costs of clinical materials for such clinical trials); (B) an amount equal to [*] of all non-cancelable commitments incurred by CG hereunder during the entire period of such commitment, to the extent such commitments have been approved by the Development Committee (excluding commitments included in clause (A) above); and (C) an amount equal to [*] of the amount budgeted to be incurred by CG in accordance with the then-current Development Plan and Budget over the [*] period after the notice of termination under Section 19.3.1, or after the effective date of termination under Section 19.2.1 related to matters under the Development Program not included in clauses (A) or (B) above (including wind-up of Completed clinical trials and research activities). JT shall make the payments to CG under this Section 19.4.2(a)(i) within forty-five (45) days after the notice of termination is given hereunder, and upon such payment, JT shall have no further obligation under Section 6.1 above. In the event there are less than [*] remaining under the Development Plan and Budget in effect on the date the notice of termination is given, such Development Plan and Budget shall be deemed extended for the remaining [*] of the Post-Termination Period at the same [*] as are in the remaining term of the then-current Development Plan and Budget. Without limiting the foregoing, it is understood that CG shall have no obligation under Section 6.1 to reimburse or credit Development Costs incurred by JT after the date of such a notice of termination. It is further understood and agreed that if this Agreement is terminated pursuant to an event described in this Section 19.4.2(a), CG shall have the right to use amounts received under this Section 19.4....
Sample 1
AutoNDA by SimpleDocs

Related to Payments to CG

  • Payments to Company Except as provided in Section 3 hereof, after the Trust has become irrevocable, Company shall have no right or power to direct Trustee to return to Company or to divert to others any of the Trust assets before all payment of benefits have been made to Plan participants and their beneficiaries pursuant to the terms of the Plan.

  • Payments to Xxxxxx In connection with the distribution of shares of the Fund, Xxxxxx will be entitled to receive: (a) payments pursuant to any Distribution Plan and Agreement from time to time in effect between the Fund and Xxxxxx with respect to the Fund or any particular class of shares of the Fund, (b) any contingent deferred sales charges applicable to the redemption of shares of the Fund or of any particular class of shares of the Fund, determined in the manner set forth in the then current Prospectus and Statement of Additional Information of the Fund and (c) subject to the provisions of Section 3 below, any front-end sales charges applicable to the sale of shares of the Fund or of any particular class of shares of the Fund, less any applicable dealer discount.

  • PAYMENTS TO OWNER Section 4.01 Remittances...................................................29 Section 4.02 Statements to Owner...........................................29 Section 4.03 Monthly Advances by Servicer..................................30 Section 4.04 Due Dates Other Than the First of the Month...................30 ARTICLE V

  • Payments to Agent A payment by the Borrower to the Agent hereunder or any of the other Loan Documents for the account of any Bank shall constitute a payment to such Bank. The Agent agrees promptly to distribute to each Bank such Bank's pro rata share of payments received by the Agent for the account of the Banks except as otherwise expressly provided herein or in any of the other Loan Documents.

  • Payments to Seller With respect to each Pledged Timeshare Loan, the Borrower shall have (i) received such Pledged Timeshare Loan as a contribution to the capital of the Borrower by the Seller or (ii) purchased such Pledged Timeshare Loan from the Seller in exchange for payment (made by the Seller in accordance with the provisions of the Sale and Contribution Agreement) in an amount which constitutes fair consideration and reasonably equivalent value. No such sale shall have been made for or on account of an antecedent debt owed by the Seller to the Borrower and no such sale is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.

  • Payments to Collection Account On or before the applicable Cut-Off Date, the Servicer shall have instructed all Obligors to make all payments in respect of the Collateral Portfolio directly to the Collection Account; provided that the Servicer is not required to so instruct any Obligor which is solely a guarantor or other surety (or an Obligor that is not designated as the “lead borrower” or another such similar term) unless and until the Servicer calls on the related guaranty or secondary obligation.

  • Payments to Holders No payment shall be made with respect to the principal of, or premium, if any, or interest on the Securities (including, but not limited to, the redemption price with respect to the Securities to be called for redemption in accordance with Article III as provided in the Indenture), except payments and distributions made by the Trustee as permitted by the first or second paragraph of Section 12.5, if:

  • Payments to Originator With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

  • Payments to Originators With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section of the Federal Bankruptcy Code.

  • Payments to Noteholders On each Determination Date, as provided below, the Administrator shall instruct the Paying Agent in writing pursuant to the Administration Agreement to withdraw, and on the following Distribution Date the Paying Agent, acting in accordance with such instructions, shall withdraw the amounts required to be withdrawn from the Collection Account pursuant to Section 2.3(a) below in respect of all funds available from Interest Collections processed since the preceding Distribution Date and allocated to the holders of the Series 2013-2 Notes.

Time is Money Join Law Insider Premium to draft better contracts faster.