Versartis Covenants Sample Clauses

Versartis Covenants. 12.5.1 Versartis will comply in all material respects with all Applicable Laws related to Development (including clinical and non-clinical studies) of the Licensed Products. 12.5.2 Versartis will not, during the Term, without the prior written approval of Teijin, (a) amend any provision of an In-License Agreement that would adversely impact Teijin’s rights under this Agreement, or (b) assign (except an assignment to a party to which this Agreement has been assigned as permitted under Section 16.6 or to any Affiliate), in whole or in part, any of the In-License Agreements in any manner that would adversely impact Teijin’s rights under this Agreement, in each case, without the prior written consent of Teijin. For the purposes of clarity, Versartis (and not Teijin) shall be responsible for all of the financial and other obligations of Versartis (and/or any of its Affiliates) under any of the In-License Agreements, including any and all financial obligations thereunder with respect to Net Sales of Teijin or its Affiliates or Sublicensees.

Related to Versartis Covenants

  • Seller Covenants Seller covenants and agrees as follows:

  • Debtor’s Covenants Until the Obligations are paid in full, Debtor agrees that it will: 6.1 preserve its legal existence and not, in one transaction or a series of related transactions, merge into or consolidate with any other entity, or sell all or substantially all of its assets; 6.2 not change the Debtor State of its registered organization; 6.3 not change its registered name without providing Secured Party with 30 days’ prior written notice; and 6.4 not change the state of its Place of Business or, if Debtor is an individual, change his state of residence without providing Secured Party with 30 days’ prior written notice.

  • Buyer’s Covenants Buyer hereby covenants as follows:

  • Seller’s Covenants 20 Section 4.1 Covenants of the Seller..........................................20 ARTICLE V SERVICING................................................................20 Section 5.1 Servicing........................................................20

  • Purchaser’s Covenants THE PURCHASERS DO AND EACH OF THEM DOTH HEREBY COVENANT WITH THE VENDORS AND THE BUILDER as follows: