Derivative Rights definition
Examples of Derivative Rights in a sentence
In scope not provided for in this Agreement, the regulations of the Civil Code and the Act on Copyrights and Derivative Rights shall apply.
The Parties acknowledge and agree that the Seller shall have the right to acquire any additional Derivative Rights pursuant to this Section 2.2(b) on the same terms and conditions (including price and payment terms), and subject to all restrictions, as those available to or imposed upon any Person acquiring such Derivative Rights.
Until the occurrence of a Declared Default all voting powers and rights attaching to LLP Interests (including Derivative Rights) belonging to a Member shall continue to be exercised by such Member for so long as it remains their registered owner and such Member shall not permit any person other than such Member, the Security Agent or the Security Agent's nominee to be registered as holder of such LLP Interests or any part of them except as permitted under the Facilities Agreement.
NetLive has 2,533,228 shares issuable upon outstanding options, warrants, rights, calls, or other commitments or agreements (the "Derivative Rights").
Neither the Security Agent nor any other Beneficiary shall be required to assume or be under any obligation in any manner to perform or fulfil any obligation of either of the Members under or pursuant to any of the Member's Interests or any of the Derivative Rights.