Examples of Licensee Direction in a sentence
Notwithstanding anything to the contrary in this Agreement, Seller shall not amend, replace or revoke the Licensee Direction set forth in the Licensee Consent and Direction prior to the end of the Term without the prior written consent of Purchaser.
A copy of the Licensee Direction shall have been signed and delivered by NeurogesX to CHRP, and CHRP shall have received the same.
Notwithstanding anything to the contrary in this Agreement, Seller shall not amend, replace or revoke the Licensee Direction prior to the end of the Term without the prior written consent of Purchaser.
Promptly following the Closing, the Seller and the Buyer shall deliver to the Licensee an instruction letter, in the form attached hereto as Exhibit C (the “Notice of Assignment and Licensee Direction Letter”), duly executed by the Seller and the Buyer, notifying Licensee that the Purchased Assets have been assigned to the Buyer and instructing Licensee to pay the Royalty to the Buyer.
Notwithstanding any claim or set-off that NeurogesX may have against CHRP or that Astellas has against NeurogesX, NeurogesX agrees that, subject to the provisions of Section 5.07, it will require that Astellas remit all Revenue Interest that Astellas is required to pay to NeurogesX under the Existing License Agreement with respect to the Assigned Rights directly into the Initial Concentration Account, pursuant to the Licensee Direction.
For purposes of the Existing License Agreement, NeurogesX providing the Licensee the form of Licensee Direction attached hereto as Exhibit H in accordance with the provision of Section 20.5 of the Existing License Agreement and obtaining the consent and agreement of Licensee in accordance with Section 6.02(c) shall be deemed to fulfill the obligation set forth in subclause (i).