Purchased Rights definition

Purchased Rights the meaning set forth in Section 1.

Purchased Rights means the right to receive one hundred percent (100%) of (i) all milestone payments paid, owed, or otherwise payable by Eisai under Section 8.2 of the Transaction Agreement on or after the date of this Agreement, (ii) all royalties paid, owed or otherwise payable by Eisai under Section 8.3 of the Transaction Agreement on or after the date of this Agreement, (iii) all amounts paid, owed or otherwise payable by Eisai under Section 8.5 of the Transaction Agreement on or after the date of this Agreement, (iv) all amounts paid, owed or otherwise payable by Eisai pursuant to Section 8.7 of the Transaction Agreement (other than amounts for audit costs) with respect to such milestone payments and/or royalties, (v) all interest paid, owed or otherwise payable by Eisai pursuant to Section 8.8 of the Transaction Agreement with respect to such milestone payments and/or royalties, and (vi) all amounts equal to the royalty payable under Section 8.3 of the Transaction Agreement with respect to all proceeds (including any damages, monetary awards or other amounts recovered, whether by judgment or settlement) deemed Net Sales pursuant to Section 10.3(d) of the Transaction Agreement.

Purchased Rights means: (i) the right to receive [*]% of all Direct Sales Revenue; (ii) the right to receive [*]% of all Fees and Income; (iii) the granting and issuance to the Fund of the $.70 Warrants and the $.875 Warrants; (iv) the Conversion Right; and (v) the registration rights to be granted to the Fund by Apollo pursuant to the Registration Rights Agreement to be entered into pursuant to Section 9.1(e). "PURCHASE PRICE" has the meaning set forth in Section 2.1; "REGISTRATION" with respect to any Product means the obtaining of all approvals and authorizations under Applicable Law to legally manufacture, package, and Distribute the relevant Product to end users for therapeutic purposes and "REGISTERED" shall have a corresponding meaning; "ROYALTIES" means the dollar amounts payable by Apollo to the Fund pursuant to item (i) and (ii) of the Purchased Rights; * Confidential treatment has been requested for marked portion.

Examples of Purchased Rights in a sentence

• Except as contemplated by this Agreement or as disclosed in Schedule H, there has been no sale, conveyance, assignment or granting of any licences, royalties, options or similar rights to or the creation of any Encumbrance on or in respect of any of the Purchased Rights in favour of any other Person.

• All trademarks, trade names, applications to register trademarks or trade names, licenses, patents, patent applications, copyrights and copyright applications, and other similar rights used in the Business, including, without limitation, those listed in Schedule 1.8 attached hereto (hereinafter collectively called the "Purchased Intellectual Property") and all rights to xxx for infringement or other violations of the Purchased Rights or the Purchased Intellectual Property.

• XX & Xo. will deliver the Purchased Rights to VF (or, at VF's request, to Nautica) at the Closing free and clear of all Liens.

• In full consideration for the sale of the Purchased Rights, and subject to the terms and conditions set forth herein, the Company shall pay to 356, on the date hereof, the sum of one hundred twenty thousand nine hundred thirty dollars ($120,930), by wire transfer to an account designated in writing by 356.

• The acceptance by the Fund of any payment in respect of the Purchased Rights shall be deemed not to be a waiver of any of its rights hereunder.

More Definitions of Purchased Rights

Purchased Rights. Except as set forth in Schedule 8.11, (a) Seller or a Purchased Subsidiary owns, possesses, or has the right to use all the Purchased Rights. Except as set forth in Schedule 8.11, such Purchased Rights comprise all intellectual property necessary for the Business to operate as presently conducted in all material respects. (b) To the Knowledge of Seller, no product or service manufactured, marketed, distributed or sold or proposed to be manufactured, marketed, distributed or sold by the Business, or any intellectual property otherwise used by the Business, infringes, misappropriates or misuses any rights of any other person; and there is no pending or, to the Knowledge of Seller, threatened Claim against Seller, the Business or any Purchased Subsidiary contesting the validity of or right to use any of the Purchased Rights or any intellectual property licensed to the Business pursuant to an Assigned Contract. Except as set forth on Schedule 8.11, neither the Seller, on behalf of the Business, nor any Purchased Subsidiary, has asserted any claim against any other person that such person has violated, infringed, misappropriated or misused any Purchased Right or any intellectual property licensed to the Business pursuant to an Assigned Contract, nor, to the Knowledge of Seller, is there any basis for such an assertion. Invention assignment and confidentiality agreements in the form previously provided to the Purchaser have been obtained form substantially all employees of the Business.

Purchased Rights has the meaning set forth in Section 5.6.

Purchased Rights has the meaning ascribed to it in the definition of “LB Capital Agreements” above.

Purchased Rights has the meaning given in the Purchase Agreement;

Purchased Rights means collectively, the Marketing Residual Rights, the Third Party Residual Rights, and the Direct Revenue Rights.

Purchased Rights means, the right to receive the applicable Specified Percentage of Carried Interest.

Purchased Rights means the Purchased Receivables together with the Loan Collateral.