Examples of Collaboration Assets in a sentence
As of the date hereof and as of the Effective Date, except as set forth on Schedule 18.2.9.1, there are no restrictions imposed by any Governmental or Regulatory Authority upon BMS or its Affiliates related to the Business, Collaboration Assets, or Acquired Assets which would restrict or prevent in any material respect Purchaser from conducting the Business, and using the Collaboration Assets and the Acquired Assets, as currently conducted or used.
Until the Collaboration Closing, any loss of or damage to the Collaboration Assets from fire, casualty or any other occurrence shall be the sole responsibility of BMS or the Selling Affiliates, as applicable.
Each of BMS and the Selling Affiliates has all corporate or comparable power and authority necessary to carry on the Business and to own and use the properties owned and used by it (including those included in the Collaboration Assets or the Acquired Assets).
Pursuant to the terms and subject to the conditions of the Master Transaction Agreement, BMS and the Selling Affiliates do hereby sell, transfer, assign and convey to Purchaser and its successors and assigns all of the right, title and interest of BMS and the Selling Affiliates in, to and under the Collaboration Assets.
This Collaboration Xxxx of Sale is intended only to effect the sale, assignment, transfer, conveyance and delivery of the Collaboration Assets by BMS and the Selling Affiliates pursuant to the Master Transaction Agreement and shall be governed entirely in accordance with the terms and conditions of the Master Transaction Agreement.