Examples of CLS License in a sentence
The CLS License Agreement is not otherwise terminable by either party, other than in the case of an uncured material breach by the other party, the granting of a winding-up order in respect of the other party or upon certain events of bankruptcy or insolvency.
Pursuant to the CLS License Agreement, SciVac agreed to issue to CLS 147,403,020 common shares of Levon.
SciVac may terminate the CLS License Agreement at any time by providing CLS 30 days’ notice.
Pursuant to the CLS License Agreement, SciVac agreed to issue to CLS 67,200 of SciVac, which, at the Effective Time, will become immediately exchangeable pursuant to the Arrangement for ordinary shares of Levon which will result in approximately 19.5% of Levon immediately following completion of the Arrangement.
Pursuant to the CLS License Agreement, SciVac agreed to issue to CLS a number of common shares of SciVac, which, at the Effective Time, will become immediately exchangeable pursuant to the Arrangement for common shares of Levon which will result in approximately 19.5% of Levon immediately following completion of the Arrangement.
Capitalized terms used in this Section 4.30 and not defined herein shall have the respective meanings ascribed thereto in the CLS License.
The CLS License Agreement additionally includes certain customary confidentiality and indemnification provisions.
Pursuant to the CLS License Agreement, the Company agreed to issue to CLS 3,685,076 common shares, with a fair value of $13,814 at the date of the acquisitionThe acquisition of the CLS DNASE license did not meet the criteria for business combination accounting and was treated as an asset acquisition.
Pursuant to the CLS License Agreement, the Company agreed to issue to CLS 3,685,076 common shares.
Pursuant to the CLS License Agreement, the Company agreed to issue to CLS 3,685,076 common shares, with a fair value of $13,814 at the date of the acquisition.The fair value of the intangible asset was recognized as $13,814, being the fair value of the shares issued on acquisition, and the net carrying amount as at December 31, 2015 was $12,797 under IFRS.