Examples of ACY in a sentence
Certain officers of the Company are also officers of ACY and hold significant ownership positions in both ACY and the Company.
The new management agreement expires in August 2025, and the Company remains responsible for the selection of assets to be acquired by ACY and the leasing, re-leasing and/or subsequent sale of assets owned by ACY.
The Company’s subsidiary, JMC, an integrated aircraft management, marketing and financing business, manages and administers a portfolio of leased aircraft assets owned by ACY pursuant to a management agreement which expires in August 2025.
If ACY exercises its option, the Parties agree to negotiate in good faith the terms and conditions of the Improvement License providing for ACY to make, have made, use, sell, have sold and otherwise commercialize ACY Products.
All damages and other amounts recovered by ACY as a result of legal proceedings commenced by ACY relating to any Applicable Indication (whether pursuant to a final judgment, by settlement or otherwise) shall be applied first to all of the expenses paid by ACY to prosecute such proceedings, and the remaining balance of any such recovery shall be divided equally between the Parties.
If OraPharma has paid a royalty to ACY with respect to any component of a Product that is incorporated into a finished Product that is manufactured and sold by a sublicensee, OraPharma shall be entitled to a credit against any royalty payable to ACY on Net Sales of the finished Product by OraPharma's sublicensee in the amount of the total royalty paid by OraPharma with respect to such component.
Upon the reasonable request of OraPharma and for a reasonable period of time, ACY shall cause certain of its personnel (such as regulatory, patent, legal and research and development personnel) involved with MP and any other ACY Technology to consult and otherwise cooperate with OraPharma regarding the MP program and any technology related thereto.
Within forty-five (45) days following the ------------------- Effective Date, ACY shall disclose, convey, sell, assign and transfer to OraPharma all ACY Technology in existence on the Effective Date.
Thereafter, ACY shall, upon the request of OraPharma, use reasonable efforts to disclose, convey, sell, assign and transfer to OraPharma all ACY Technology conceived or first reduced to practice by ACY, or otherwise discovered or developed by ACY, following the Effective Date.
This Agreement shall be effective from the Effective Date ---- and, unless sooner terminated in accordance with the provisions of this Section 8, shall continue until the expiration date of the last to expire of any issued patent included within the ACY Patent Rights having claims covering the manufacture, use or sale of any Product, at which time OraPharma shall have a fully paid-up non-cancellable license under all ACY Patent Rights and ACY Technology.