Examples of Bayer Agreement in a sentence
Neither Borrower nor any of its Subsidiaries shall, without the consent of Collateral Agent, amend or terminate the Bayer Agreement unless the net effect of such amendment or termination is not reasonably expected to be adverse to Borrower, any of its Subsidiaries, Collateral Agent or Lenders.
Other than the Third Party Agreements identified on Schedule 7.14.1 and Schedule 7.14.2, as of the Closing Date, Spectrum has not granted any options, licenses, agreements or covenants of any kind relating to the Bayer Agreement, the Business-Specific Licensed IP in the Licensed Territory or Business Domain Names.
Except as specified on Schedule 7.14.1 or Schedule 7.14.2, Spectrum or its Affiliate identified on Schedule 7.14.1 or Schedule 7.14.2, as applicable, owns and possesses all rights, title and interests transferred or licensed by Bayer to Spectrum under the Bayer Agreement in and to (a) the Business Domain Names and (b) the Business-Specific Licensed IP and the Shared Licensed IP in the Licensed Territory.
This Agreement shall automatically terminate upon the termination of the Bayer Agreement for any reason.
Purchaser covenants that it will not, and will cause its Affiliates not to, cause a breach in any material respect of the Bayer Agreement or the Biogen Agreement.