Examples of Antitrust Clearance Date in a sentence
Vir and GSK shall use their respective best efforts to negotiate diligently and agree upon final terms for the Definitive Collaboration Agreement as promptly as practicable following the Execution Date and in no event later than the later of (x) the Antitrust Clearance Date (as defined in the Stock Purchase Agreement) and (y) forty-five (45) days following the Execution Date (or such longer period as Vir and GSK may mutually agree in writing) (the “Negotiation Period”).
The License Agreement shall be in full force and effect, and the Antitrust Clearance Date shall have occurred.
For the avoidance of doubt, the voting rights set forth in this Section 9(b) (i) will be limited or eliminated, as applicable, to the same extent to which the right to convert the Convertible Preferred Stock is limited or eliminated pursuant to Section 10(h); and (ii) will not apply at any time before the Antitrust Clearance Date.
The Collaboration and License Agreement shall have become effective and, if required with respect to such Closing, the Antitrust Clearance Date for the issuance of the Shares to be issued at such Closing shall have been achieved.
After the Antitrust Clearance Date, the General Preferred Stock Director will be elected at each annual meeting of the Company’s stockholders for so long as the General Preferred Stock Director Designation Right Condition is satisfied, except that the initial General Preferred Stock Director will be Paul D.