Examples of Selling Party in a sentence
Each Seller and Continuing Selling Party (who is not a natural person) is duly formed, validly existing and in good standing under the Laws of its establishment or formation.
Each Seller and Continuing Selling Party (who is not a natural person) has all requisite organizational power and authority under those Applicable Laws and its Organizational Documents to own the Securities as held by it as of the date hereof.
Xxxxx further agrees that upon written notice of a Permitted Transfer by a Selling Party, that Xxxxx will notify Xxxxx’s transfer agent of such Permitted Transfer and Buyer will cause its transfer agent to notate and reflect the transfer of the same on the book entry shares comprising such Stock Consideration.
As soon as reasonably practicable after the Effective Date, but in any event prior to the First Commercial Sale of any Product by Teoxane, the Parties will negotiate and enter into a pharmacovigilance agreement (a “Pharmacovigilance Agreement”) with the objective for a Teoxane Affiliate who is a Selling Party to enter the Pharmacovigilance Agreement with Revance or its designated Affiliate.
No Proceeding is pending or, to the actual knowledge of any Selling Party, threatened, to which any Selling Party is or may become a party which (i) questions or involves the validity or enforceability of any obligation of such Selling Party under any Transaction Document, or (ii) seeks (or reasonably may be expected to seek) to prevent or delay consummation by such Selling Party of the transactions contemplated by the Transaction Documents.