Examples of Required Jurisdictions in a sentence
The execution, delivery and performance by Seller of this Agreement require no action by or in respect of, or filing with, any governmental body, agency, or official other than (i) compliance with any applicable requirements of the HSR Act, (ii) the approvals or non-disapprovals of the Required Jurisdictions, and (iii) any such action or filing as to which the failure to make or obtain would not reasonably be expected to have a Material Adverse Effect or a Chubb Securities Material Adverse Effect.
The authorities granted by IMG to Producer under paragraph 3 of this Agreement shall only be effective: (i) in License Required Jurisdictions where Producer is duly licensed, authorized, and qualified by the appropriate regulatory agencies or governmental authorities, and (ii) in such other jurisdictions or foreign countries where no such license, authorization or qualification requirements apply.
Should the Company fail to do bear the costs and expenses or take in action in respect of the filing, prosecution and maintenance of the Licensed Patents in any one of the Required Jurisdictions, Yissum shall be entitled to terminate this Agreement subject to providing the Company with advance notice of 60 days and provided further that the Company failed to remedy such failure during such times, and without any need to compensate the Company in any manner.
Should the Company fail to do so in the majority of the Required Jurisdictions, Yissum shall be entitled to terminate this Agreement after serving the Company with a 90 days advanced notice in which the Company has not cured the above breach, and without any need to compensate the Company in any manner.
In the event that Ribomic and/or any Sublicensee, as applicable, determines not to file or to abandon any of the Ribomic SELEX Patent Rights in any of the Required Jurisdictions, Ribomic shall notify Archemix sufficiently in advance so that Archemix can, without any loss of rights, and Archemix shall have the right to, file, prosecute and maintain such Ribomic SELEX Patent Rights in Ribomic’s name at Archemix’s expense in such Required Jurisdictions.
All applicable waiting periods (and any extensions thereof) under the Competition Laws of the jurisdictions set forth in Section 6.6 of the Schedule of Exceptions (the “Required Jurisdictions”) shall have expired or been terminated, and all clearances, consents, approvals, orders and authorizations of Competition Authorities required by the Competition Laws of the Required Jurisdictions shall have been obtained.
The parties will discuss and agree on the final list of the Required Jurisdictions prior to signing the or warranty, express or implied, on the part of Yissum that any patent or patent registration application will indeed be made or registered or be registerable in respect of the Licensed Technology or any part thereof, nor shall it constitute an obligation, representation, or warranty, express or implied, on the part of Yissum that a registered patent will be valid or afford any protection.
Other than in the Required Jurisdictions, in which Yissum shall file, prosecute diligently and maintain patents with the broadest protection obtainable, the foregoing does not constitute an obligation, representation.
Notwithstanding the foregoing, the Company shall be required to bear the costs and expenses for filing, prosecuting and maintaining the Licensed Patents in at least the following jurisdictions: United States, Canada, Germany, France and the United Kingdom (the “Required Jurisdictions”), and should the Company fail to do so in any one of the Required Jurisdictions, Yissum shall be entitled to terminate this Agreement without any further notice and without any need to compensate the Company in any manner.
The parties will discuss and agree on the final list of the Required Jurisdictions prior to signing the License Agreement.1 If Yissum shall determine that the legal actions taken by the Company may adversely affect Yissum’s rights hereunder, Yissum shall be entitled to appoint its own counsel to represent it in such litigation and the Company shall reimburse Yissum its actual payments for such legal representation.