Second Issuance definition
Examples of Second Issuance in a sentence
Second Issuance of Notification of Promotion and/or Tenure Eligibility (by the ▇▇▇▇▇▇▇’▇ Office).
Faculty members will notify Department Chair/School Director if they either intend to request an extension or submit a dossier for tenure consideration Second Issuance of Notification of Promotion and/or Tenure Eligibility (by the ▇▇▇▇▇▇▇’▇ Office).
In lieu of all or any portion of the Second Issuance Shares that the Company is obligated to issue to Genentech on the Second Closing Date, the Company may elect to pay Genentech the cash value of such Second Issuance Shares (based on the Second Issuance Price).
In lieu of all or any portion of the Second Issuance Shares that Connetics is obligated to issue to Genentech on the Second Closing Date, Connetics may elect to pay Genentech the cash value of such Second Issuance Shares (based on the Second Issuance Price).
In the event that Connetics does not issue to Genentech all of the Second Issuance Shares or the cash value of the Second Issuance Shares, Genentech may, in addition to other remedies available to it by law or in equity, immediately terminate this Agreement and the licenses granted to Connetics under this Agreement.
At the Second Closing, the Company shall deliver to Buyer or his designee one or more certificates evidencing the Second Issuance Acquired Membership Interests registered in the name of Buyer or his designee and Buyer shall pay or cause to be paid to the Company the purchase price for the Second Issuance Acquired Membership Interests by check or wire transfer.
Notwithstanding any provision to the contrary in this Agreement, this covenant will survive any termination of this Agreement or the Second Issuance Agreements.
Such termination by Genentech of the Agreement and the licenses hereunder does not discharge Connetics’ obligation to issue all of the Second Issuance Shares or to pay to Genentech the cash value of the Second Issuance Shares.
In the event that Connetics does not issue to Genentech all of the Second Issuance Shares or the cash value of the Second Issuance Shares, Genentech may, in addition to other remedies available to it by law or in equity, immediately terminate this Agreement and the licenses granted to Connetics hereunder.
The parties' obligations under this Section 1 shall terminate concurrently with a termination of the Second Issuance Agreements (as defined in the Stock Purchase Agreement) pursuant to Section 9 of the Stock Purchase Agreement.