Examples of Licensing Transaction in a sentence
The termination of the Licensing Transaction will be effective as of the date of the court approval.
Without the consent of the Representative, the Company shall not amend, modify, waive or terminate any provision of any of the lock-up agreements entered into in connection with the Licensing Transaction except to extend the term of the lock-up period and shall enforce the provisions of the lock-up agreements in accordance with their terms.
Notwithstanding any other provision of this Agreement, Borrower shall not enter into or consummate a Omav Licensing Transaction without the prior written consent of the Collateral Agent in its sole discretion.
If the Majority Investors so determine, the Majority Investors shall provide Stealth with written notice (an “Objection Notice”) of their determination within ten (10) Business Days of Stealth’s Licensing Transaction Notice.
In the event the arbitrator agrees with the Majority Investors, Stealth will not be entitled to enter into such Licensing Transaction unless Stealth makes the Buyout Payment referenced in clause (a) of this Section 2.11.