Required Dispositions. Notwithstanding anything to the contrary contained herein, GSK shall be permitted to dispose of beneficial ownership of Voting Stock as and to the extent (but only to the extent) GSK reasonably determines such disposition to be necessary in order for it to comply with its obligations under Section 3.5.
Appears in 6 contracts
Sources: Strategic Alliance Agreement (Theravance Inc), Governance Agreement (Theravance Inc), Strategic Alliance Agreement (Theravance Inc)
Required Dispositions. Notwithstanding anything to the contrary contained herein, GSK shall be permitted to dispose of beneficial ownership of Voting Stock Shares as and to the extent (but only to the extent) GSK reasonably determines such disposition to be necessary in order for it to comply with its obligations under Section 3.53.1.
Appears in 2 contracts
Sources: Governance Agreement, Governance Agreement (Theravance Biopharma, Inc.)