License Shares definition

License Shares shall have the meaning set forth in Section 4.2.
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License Shares has the meaning set out in Section 7.1.
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License Shares means the shares in the capital of the Licensee issued by the Licensee to Principal as contemplated by Section 2.
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Examples of License Shares in a sentence

  • Such anti-dilution protection shall be effected by IMPH adjusting the conversion price or issuing to iCo an amount of additional Financing Stock that maintains iCo’s Equity Position (so that it remains at its percentage ownership of IMPH (on a fully-diluted and as converted basis) determined at the time of the original issuance of the License Shares).

  • No capital increases shall restrict Investor’s rights to make Installment payments and acquire the additional Percentage Interests and additional Investor License Shares set forth in the table below.

  • Notwithstanding anything to the contrary set forth above or in the Financing Documents, if the terms of the Financing include (or are later amended to impose) any pay-to-play provision on the holders of shares of any series of the Licensee’s preferred stock, none of the License Shares shall be included in the calculation of AstraZeneca’s “pro rata portion” investment obligation with respect to such “pay-to-play” provision.

  • On the basis of the representations, warranties, agreements and covenants herein contained and subject to the terms and conditions herein set forth, pursuant to the License Agreement, the Company may, at its option, issue to Elan shares of Common Stock (the "License Shares") in lieu of making cash payments thereunder (each such issuance, a "License Share Issuance") at the times set forth in, and in accordance with the terms of, clauses 10.1.1(1), (3) and (4) of the License Agreement.

  • Such License Shares shall be issued pursuant to a Share Purchase Agreement between iCo and IMPH similar to the agreement to be agreed with the investors of the Qualified Financing (the “SPA”), subject to the rest of this Section 7.1(c).

  • AstraZeneca shall provide an invoice to Licensee for the upfront equity payment due, which amount shall be payable by Licensee by issuance of the License Shares on the Effective Date or as soon as reasonably practicable thereafter (the “Closing”).

  • Elan further acknowledges that the valuation price of the License Shares set forth in clauses 10.1.1(1), (3) and (4) of the License Agreement may or may not exceed the last publicly quoted per share "asked" price of the Common Stock on any License Share Issuance Date.

  • Time permitting, the Head Judge should act as a mentor for the event’s judge staff and should carefully consider individual judges’ strengths and weaknesses when building the staff list and assembling teams.

  • On the Closing Date, the Licensee shall instruct its transfer agent to issue the License Shares to the Licensor.

  • The License Fee shall be paid and the License Shares issued under Section 7.1(a) shall be issued to iCo within five (5) days of the initial closing of the Qualified Financing (regardless of the amount actually invested in such closing but subject to termination of this Agreement as provided in Section 15.2(a)).


More Definitions of License Shares

License Shares means the shares in the capital of the Licensee issued by the Licensee to Themy on account of the License Fee as contemplated by subsection 3.4.
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License Shares means the Initial License Shares (as defined in Section 5.1.2) and any additional shares that may be granted to TRDF in accordance with Section 5,1.4, but excluding those shares held by TRDF constituting 28% of Microbot’s issued share capital, as reflected in the Cap Table.
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License Shares means the shares of Company common stock issued or issuable to Holder pursuant to the License Agreement.
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License Shares. 400’000 shares of restricted Animas Common Stock to be delivered by Animas to Debiotech in accordance with Section 3.2 of this Agreement.
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Related to License Shares

  • licensed distributor means any holder of a distribution licence.

  • Founders’ Shares means 1,000 shares with a par value of $1 per share, 500 of which were issued to MACRO Securities Depositor, LLC and 500 of which were issued to Claymore Securities, Inc., in exchange for the Initial Deposit.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • License holder means an individual, corporation, partnership, governmental unit, association or any other entity to whom a license was issued under Iowa Code chapter 137C, 137D or 137F.

  • Purchase Shares has the meaning set forth in Section 2.2(a) hereof.

  • Covered Shares means, with respect to the Shareholder, (i) the Existing Shares, together with (ii) any shares of Common Stock or other voting capital stock of the Company and any securities convertible into or exercisable or exchangeable for shares of Common Stock or other voting capital stock of the Company, in each case under this clause (ii) that such Shareholder acquires Beneficial Ownership of on or after the date hereof.

  • PIPE Shares shall have the meaning given in the Recitals hereto.

  • Exercise Shares means the shares of Common Stock issuable upon exercise of this Warrant.

  • Masterworks Shares has the meaning set forth in Section 2.8(c).

  • VMTP Shares has the meaning set forth in the preamble to this Agreement.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Consideration Shares has the meaning ascribed thereto in Section 2.2.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Acquisition Shares means each class of shares of beneficial interest of an Acquiring Fund to be issued to the corresponding Target Fund in a reorganization under this Agreement.

  • Founder Shares shall have the meaning given in the Recitals hereto and shall be deemed to include the shares of Common Stock issuable upon conversion thereof.

  • Transferable development right means a right to develop and use land that

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Option Shares shall have the meaning ascribed to such term in Section 2.2(a).

  • notice shares means, in relation to a notice of dissent, the shares in respect of which dissent is being exercised under the notice of dissent;

  • Licensed Field of Use means all fields.

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • Net Shares has the meaning provided in Section 2.12 hereof.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Exchange Shares has the meaning set forth in Section 2.01(b).

  • Licensed Field means [***].