Examples of Oxford Agreement in a sentence
Such Obligor will not, and will not permit any of its Subsidiaries to, directly or indirectly, enter into, incur or permit to exist any Restrictive Agreement other than (a) restrictions and conditions imposed by law or by the Loan Documents, (b) Restrictive Agreements listed on Schedule 7.15 to the Disclosure Letter, (c) restrictions or conditions imposed by an agreement relating to Permitted Priority Debt or Permitted Cure Debt and (d) prior to the first Borrowing Date, the Oxford Agreement.
Such Obligor will not, and will not permit any of its Subsidiaries to, make any payments in respect of any Indebtedness other than (i) payments of the Obligations, (ii) scheduled payments of other Indebtedness, (iii) repayment of intercompany Indebtedness permitted in reliance upon Section 9.01(f) and (iv) on or prior to the first Borrowing Date, payments due under the Oxford Agreement.
In addition, all references to Oxford Life Insurance Company, the Oxford Agreement and the Oxford Annuity Contracts in the Schedules to this Agreement shall be deemed deleted.
If the Oxford Put is implemented, at Purchaser's election, the Parties will execute and deliver at the Closing an administration services agreement on terms substantially similar to those of the Administrative Services Agreement, provided that the compensation will be structured to provide a pass-through to Purchaser of the compensation payable to Seller pursuant to the Oxford Agreement with respect to the Oxford Annuity Contracts.
This Article 12 supersedes Article 11 of the Original Agreement and the Confidentiality Agreements between the Parties dated October 11, 1995, one of which was last signed on October 20, 1995 and one of which was last signed on January 11, 1996 and both of which were amended on April 11, 1996, except that the Research Scientists, as defined in the Oxford Agreement, shall continue to be third party beneficiaries under this Agreement to the extent such previous Confidentiality Agreement is superseded.
As part of the consideration for the 2017 Oxford Agreement, the Company paid Oxford an upfront signing fee of £100,000 ($135,000).
The hold-back funds are as defined in the Oxford Agreement between Buyer and Oxford.
The Company has the right to terminate the 2013 Oxford Agreement and the 2015 Oxford Agreements if Oxford commits a material breach and at any time after the second anniversary of the applicable agreement.
Oxford further consents to Borrower's issuance of shares of Borrower's common stock in connection with its initial public offering, notwithstanding any covenant contained in the Existing Oxford Agreement, and agrees that Borrower's issuance of common stock in connection with Borrower's initial public offering shall not result in or constitute a breach or violation of any covenant contained in the Existing Oxford Agreement.
In order to secure performance under the Oxford Agreement and the Oxford Notes, the Company granted to Oxford a security interest in the Company’s current and future personal property and fixtures, and the Company agreed to a covenant not to transfer, assign or otherwise encumber its intellectual property other than licenses granted in the ordinary course of business or pursuant to agreements that the Company reasonably believes are in, or not opposed to, its best interest.