Examples of New Polymer in a sentence
The Developing Party agrees to provide Focal with a copy of each adverse event report filed with the FDA with respect to a Product containing a Hydrogel Polymer or New Polymer, except to the extent it can be determined that the adverse event arises from a Ciba/Chiron Compound; and the Developing Party agrees to permit Focal to reference its FDA filings with respect to the safety of the Hydrogel Polymer or the Now Polymer.
Except as expressly provided in this Agreement, including without limitation in Sections 2.4.1(b) and 2.4.3, nothing in this Agreement shall be deemed to grant Ciba or Chiron any rights or licenses to exploit any Hydrogel Polymer, New Polymer or Focal Technology outside the Field, and Focal expressly reserves the right to grant exclusive licenses under the Focal Technology to commercialize any and all products and components outside the Field.
On the Effective Date, in consideration of GOF acting as Standby Purchaser for the New Investment, and in consideration of GOF's role in facilitating a consensual resolution of the disputes among the Plan Parties and the Senior Lenders Steering Committee, New Polymer shall pay GOF a standby purchaser fee of $2 million plus a plan facilitation fee of $2 million.
On the Confirmation Date, all Holders of Allowed Class 4 Claims as of the Record Date shall be deemed to have been issued Subscription Rights to purchase their Pro Rata share (determined exclusive of accrued and unpaid interest) of the Convertible Notes to be issued by New Polymer on the Effective Date.
The Convertible Notes will be unsecured and will be subordinate in right of payment to (i) all other existing and future senior indebtedness of New Polymer; and (ii) any Senior Subordinated Notes.
At any time prior to the final maturity of the Convertible Notes, subject to any limitations contained in the Exit Facility, New Polymer may redeem the outstanding Convertible Notes in whole or from time to time in part on at least thirty (30) days prior written notice if the trading price of the Class A Common Stock exceeds 130% of the conversion price of the Convertible Notes for twenty (20) trading days in a period of thirty (30) consecutive trading days.
To the maximum extent provided by section 1145 of the Bankruptcy Code and applicable nonbankruptcy laws, the shares of New Polymer Common Stock issued pursuant to this Amended Modified Plan are exempt from registration under the Securities Act.
Upon any drawing under the Exit Letters of Credit (or other advances made, or caused to be made, by GOF solely in lieu of a drawing under the Exit Letters of Credit to make the amortization payments under the Restructured Facilities from the Effective Date through December 31, 2004, which amount shall not exceed $25 million), New Polymer shall issue New Senior Subordinated Notes in a face amount equal to such drawing (or other advance).
The Convertible Notes, prior to giving effect to any anti-dilution adjustments, shall be convertible into an aggregate number of shares of New Polymer Common Stock representing 40% of the outstanding equity of New Polymer (after giving effect to the conversion of such Convertible Notes and the related anti-dilution provisions of the Class B Common Stock issued to Holders of Allowed Equity Interests in Old Polymer Common Stock).
The excellence of Group companies’ products and services is founded on the attention paid to customers and the willingness to satisfy their requests.