Common use of Protective Rights Agreement Clause in Contracts

Protective Rights Agreement. For protective purposes only and to secure each Seller’s performance of its obligations hereunder to the extent the assignment hereunder, as evidenced by the Assignment, becomes subject to a Recharacterization despite the Parties’ intentions, each Seller shall execute and deliver the Protective Rights Agreement at the Closing as contemplated by Section 6.02(d).

Appears in 3 contracts

Samples: Royalty Interest Acquisition Agreement (Healthcare Royalty, Inc.), Royalty Interest Acquisition Agreement (Healthcare Royalty, Inc.), Royalty Interest Acquisition Agreement (Aviragen Therapeutics, Inc.)

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Protective Rights Agreement. For protective purposes only and to secure each Seller’s performance of its obligations hereunder to the extent the assignment hereunder, as evidenced by the Assignment, becomes subject to a Recharacterization despite the Parties’ intentions, each Seller shall execute and deliver the Protective Rights Agreement at the Closing as contemplated by Section 6.02(d6.01(a).

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (Albireo Pharma, Inc.)

Protective Rights Agreement. For protective purposes only and to secure each Seller’s performance of its obligations hereunder to the extent the assignment hereunder, as evidenced by the Assignment, becomes subject to a Recharacterization despite the Parties’ intentions, each Seller shall execute and deliver the Protective Rights Agreement at the Closing as contemplated by Section 6.02(d7.02(d).

Appears in 1 contract

Samples: Royalty Interest Acquisition Agreement (XOMA Corp)

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Protective Rights Agreement. For protective purposes only and to secure each Seller’s performance of its obligations hereunder to the extent the assignment true and absolute sale hereunder, as evidenced by the AssignmentXxxx of Sale, becomes subject to a Recharacterization despite the Parties’ intentions, each Seller shall execute and deliver the Protective Rights Agreement at the Closing as contemplated by Section 6.02(d6.2(d).

Appears in 1 contract

Samples: Royalty Purchase Agreement (XOMA Corp)

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