Semi-Annual Updates Sample Clauses

Semi-Annual Updates. Licensee agrees to provide Caltech on a semi-annual basis with access to copies of the materials distributed to its board of directors in connection with meetings of the board of directors of Licensee (“Board”) as well as meeting minutes provided to members of the Board; provided, however, that Licensee reserves the right to withhold or redact any information if (a) access to such information could adversely affect the attorney-client privilege between Licensee and its counsel; or (b) access to such information could result in disclosure of trade secrets to Caltech. In connection with the foregoing, Caltech agrees to (i) hold in confidence and trust and to act in a fiduciary manner and (ii) not use any for any purpose other than to manage its shares of stock, in either case all information provided to it or learned by it in connection with its rights pursuant to this Section and, except to the extent otherwise required by law; provided that if use or disclosure is required by law Caltech gives Licensee prompt written notice of the requirement prior to the disclosure and assistance in obtaining an order protecting the information from public disclosure.
Sample 1
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Semi-Annual Updates. Promptly following (but in any event no later than 60 days after) June 30 in each year (commencing with June 30, 2004, a reserve report as of such June 30 certified by an appropriately authorized officer of Party B (and subject to the review of internal reservoir engineers for Party A) (an "UPDATED RESERVOIR ENGINEERING REPORT") for all of the properties and reserves of Party B and the other CHK Companies.
Sample 1
Semi-Annual Updates. Promptly following (but in any event no later than 60 days after) June 30 in each year (commencing with June 30, 2005, a reserve report as of such June 30 certified by an appropriately authorized officer of Agent (and subject to the review of internal reservoir engineers for Xxxx) (an "Updated Reservoir Engineering Report") for all of the properties and reserves of Counterparty (to be construed in the aggregate) and the other CHK Companies. Such semi-annual reserve reports shall include a reconciliation to the Independent Reservoir Engineering Report or Supplemental Reserve Report, as applicable delivered pursuant to Section (i)(1)(w).
Sample 1
Semi-Annual Updates. Demographic data per account will be acquired from a third party and held in the data mart use in reporting, analysis, querying and selections.
Sample 1

Related to Semi-Annual Updates

  • Plan Annual Reports Promptly and in any event within 30 days after the filing thereof with the Internal Revenue Service, copies of each Schedule B (Actuarial Information) to the annual report (Form 5500 Series) with respect to each Plan.

  • Annual Forecasts As soon as available and in any event no later than 15 days before the end of each Fiscal Year, forecasts prepared by management of the Parent Borrower, in form satisfactory to the Agents and the Lender Parties, of balance sheets, income statements and cash flow statements on a monthly basis for the Fiscal Year following such Fiscal Year and on an annual basis for each Fiscal Year thereafter until the Termination Date.

  • Minimum Annual Royalty During the TERM of this SUB-LICENSE, ADAPTIMMUNE shall pay to LTC a non-refundable minimum annual royalty (“MINIMUM ANNUAL ROYALTY”) of: (a) *** dollars ($***) for each full or partial calendar year during which there is no APPROVAL OBTAINED for any LICENSED T CELL PRODUCT, and (b) for the first full calendar year following the date that there is APPROVAL OBTAINED and thereafter, a non-refundable MINIMUM ANNUAL ROYALTY that is equal to fifty percent (50%) of ADAPTIMMUNE’s earned running royalties for the sale by ADAPTIMMUNE and its AFFILIATES of such LICENSED T CELL PRODUCTS in the previous calendar year. The MINIMUM ANNUAL ROYALTY will be fully-creditable against running royalties due and payable by ADAPTIMMUNE and its AFFILIATES on account of running royalties under Section 4.3 for the applicable calendar year for which such MINIMUM ANNUAL ROYALTY relates, but shall not be creditable against any MILESTONE PAYMENTS (defined at Section 4.4) made at any time. Any difference between the MINIMUM ANNUAL ROYALTY due for a particular calendar year, and the running royalties due and payable for such calendar year, will be paid along with the royalty payment and royalty report due for the fourth (4th) quarter of each calendar year (e.g. within forty-five (45) days of each December 31) in accordance with Section 4.6. For clarification purposes, MINIMUM ANNUAL ROYALTIES are not refundable in whole or in part.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Annual and Regular Meetings An annual meeting of the Board of Directors shall be held immediately after and at the same place as the annual meeting of stockholders, no notice other than this Bylaw being necessary. In the event such meeting is not so held, the meeting may be held at such time and place as shall be specified in a notice given as hereinafter provided for special meetings of the Board of Directors. The Board of Directors may provide, by resolution, the time and place for the holding of regular meetings of the Board of Directors without other notice than such resolution.

  • License Fee Controlled Affiliate will pay to BCBSA a fee for this License determined pursuant to the formula(s) set forth in Exhibit B.

  • Base Annual Salary “Base Annual Salary” means the greater of (1) the highest annual rate of base salary in effect for the Executive during the 12 month period immediately prior to a Change in Control or, (2) the annual rate of base salary in effect at the time Notice of Termination is given (or on the date employment is terminated if no Notice of Termination is required).

  • Annual As soon as available and in any event within 90 days after the close of each fiscal year of Borrower, or within such further time as Lender may permit, consolidated and consolidating audited financial statements for Parent, Borrower and the Subsidiaries, including a balance sheet and related profit and loss statement, prepared in accordance with GAAP consistently applied throughout the periods reflected therein. Such financial statements shall be accompanied by the unqualified opinion of Borrower’s accountant or other independent certified public accountants reasonably acceptable to Lender.

  • Remittance Reports (a) The Remittance Report for each Distribution Date shall identify the following items, in addition to the items specified in Section 4.01 of the Standard Terms:

  • Average Annual Compensation The Executive's "Average Annual Compensation" for purposes of this Agreement shall be deemed to mean the average level of compensation paid to the Executive by the Employers or any subsidiary thereof during the most recent five taxable years preceding the Date of Termination, including Base Salary and benefits and bonuses under any employee benefit plans of the Employers.

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