Navy Agreement definition
Examples of Navy Agreement in a sentence
If Infinity does not issue to Intellikine a written notice to exercise the Navy Sublicense Option during the Navy Sublicense Option Period, then the Navy Sublicense Option shall terminate and Infinity shall have no rights, and Intellikine shall have no obligations to Infinity, with respect to the Navy Agreement.
To the knowledge of the Company, no Person who was an officer or director of the Company or any of its wholly-owned subsidiaries as of the date of execution of the Navy Agreement, whether or not such Person remains in the employ of the Company or such subsidiary, has been convicted or indicted as of the date hereof with respect to any of the matters set forth in Annex 1 or Annex 2 of the Navy Agreement (such matters, the "Specified Matters").
NPC shall take all reasonable steps required by Orni 16 and shall execute such instruments as Orni 16 shall reasonably require, in order to effect the transfer of the Navy Agreement and BLM Leases back to Orni 16.