Examples of Earn-Out Period in a sentence
Xxxxxx (or any Affiliate thereof) during the Earn-Out Period without first offering the Representative the right (exercisable within thirty (30) days after notice thereto) to cause such salt water disposal well to become an Additional SWD Asset pursuant to the terms and conditions of this Section 15.5(c) (each such salt water disposal well, an “OWL-Xxxxxx Well”).
During the period commencing on the date hereof and ending on the expiration of the Earn-Out Period, Seller shall have the exclusive right to negotiate prospective New Leases, except in the instance of Rental Undertakings to which Seller has consented as aforesaid.
Seller shall have the right to audit Buyer’s relevant books and records to ensure compliance with the terms of this Section 2.07 at the end of each fiscal year during the Earn-Out Period.
After the Closing and until the end of the Earn-Out Period, subject to Section 6.2, Buyer shall use Commercially Reasonable Efforts to (i) receive approval by the FDA of the NDA for the Product, and (ii) otherwise develop and commercialize the Product.
After Closing, during the Earn-Out Period, the Parties agree that the Purchaser or the Purchaser’s Affiliate (including the Corporation or an Affiliate of the Corporation designated by the Purchaser) will have responsibility for manufacturing the ARTMS Products (either directly or under contract with third parties).