118 definition

118. Initial Blockage Period"......................................................................1203 "obligor".......................................................................................118 "Payment Blockage Period"......................................................................1203 "Permitted Junior Securities" .................................................................1202 "Physical Securities"...........................................................................201 "Private Placement Legend"......................................................................202 "Purchase Date" ................................................................................101 "rate(s) of exchange" ..........................................................................116 "Regulation S Global Security"..................................................................201 "Relevant Person" ..............................................................................119 "Restricted Global Security"....................................................................201 "Restricted Payments" .........................................................................1008 "Restricted Period" ............................................................................306 "Security Register" ............................................................................305 "Security Registrar" ...........................................................................305 "Subordinated Obligations" ....................................................................1201 "U.S. Government Obligations" ..................................................................404 "U.S. Physical Securities" .....................................................................201 SECTION 103. COMPLIANCE CERTIFICATES AND OPINIONS. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee an Officers' Certificate stating that all conditions precedent, if any, provided for in this Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such documents is specifi...

118. Payment Blockage Period". . . . . . . . . . . . . . 1203 "Permitted Junior Securities" . . . . . . . . . . . 1202 "Physical Securities". . . . . . . . . . . . . . . . .201 "Private Placement Legend" . . . . . . . . . . . . . .202 "Purchase Date" . . . . . . . . . . . . . . . . . . .101 "rate(s) of exchange" . . . . . . . . . . . . . . . .116 "Regulation S Global Security" . . . . . . . . . . . .201 "Relevant Person" . . . . . . . . . . . . . . . . . .119 "Restricted Global Security" . . . . . . . . . . . . .201 "Restricted Payments" . . . . . . . . . . . . . . . 1008 "Restricted Period" . . . . . . . . . . . . . . . . .306 "Security Register" . . . . . . . . . . . . . . . . .305 "Security Registrar" . . . . . . . . . . . . . . . . .305 "Subordinated Obligations" . . . . . . . . . . . . . 1201 "U.S. Government Obligations" . . . . . . . . . . . .404 "U.S. Physical Securities" . . . . . . . . . . . . . .201 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture, the Company shall furnish to the Trustee an Officers' Certificate stating that all conditions precedent, if any, provided for in this Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with and an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such documents is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or opinion (other than the certificates required by Section 1013) with respect to compliance with a condition or covenant provided for in this Indenture shall include:

118. Transaction Documents" shall have the meaning set forth in Section 7.1(e).

More Definitions of 118

118. US DOLLARS" and "US $" mean lawful money of the United States of America.

118. TRANSFER" shall have the meaning set forth in Section 18.2 hereof.

118. Bar Date" means the deadlines set by the Bankruptcy Court pursuant to the Bar Date Order or other Final Order for filing proofs of claim in the Chapter 11 Cases, as the context may require. Except as explicitly provided in the Bar Date Order, the Bar Date was July 31, 2006.

118. Required Lenders" shall mean, at any time, those Lenders whose Pro Rata Shares aggregate sixty-six and two-thirds (66 2/3%) percent or more of the aggregate of the Commitments of all Lenders, or if the Commitments shall have been terminated, Lenders to whom at least sixty-six and two-thirds (66 2/3%) percent of the then outstanding Obligations are owing.

118. Remediation Standards" shall have the meaning set forth in Section 11.6(e)(vii).

118. Tax" or "Taxes" means all taxes, fees, levies, or other assessments, imposed by the United States or any state, commonwealth (including Puerto Rico), territory, country, local, or foreign government or subdivision or agency thereof including, without limitation, income, gross receipts, excise, real and personal property, premiums, municipal, capital, value-added, goods and services, consumption, sales, transfer, license, payroll, and franchise taxes, and such term shall include any interest, penalties, or additions to tax attributable to such taxes, fees, levies, or other assessments.

118. “Licensee Other Patent Right” means any Patent Right that (a) claims Licensee Other Know-How or (b) is otherwise Controlled by Licensee or its Affiliates (such as, for example, as a result of a license to or acquisition of Patent Rights that does not include any license to or acquisition of Know-How) as of the Effective Date or at any time during the Term, and is actually practiced by Licensee, in its discretion, in, but is not solely related to, the Development, Manufacture, Commercialization or other Exploitation of one or more Licensed Products. Licensee Other Patent Rights shall not include any Patent Rights Controlled by Licensee under an agreement entered into pursuant to Section 12.3 unless and until Mersana agrees to have such Patent Rights included in Licensee Other Patent Rights in accordance with the terms of such Section 12.3.