Servier Lien Release definition

Servier Lien Release means receipt by Novartis of the Servier Payoff Letter completed and fully executed by Servier.
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Servier Lien Release means receipt by Novartis of the Servier Payoff Letter completed and fully executed by XOMA and Servier. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
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Examples of Servier Lien Release in a sentence

  • In partial consideration for the licenses granted to Novartis hereunder, Novartis shall pay XOMA a total upfront payment of Ten (10) Million Dollars (US$10,000,000) within five (5) Business Days of the Servier Lien Release.

  • Promptly after receipt of Servier Lien Release, XOMA shall file the UCC Financing Statement Amendment attached to the Servier Payoff Letter terminating the Liens on XOMA intellectual property securing the Servier Loan (the “Servier Liens”).

  • Promptly following the Servier Lien Release, Novartis shall cause Novartis Institutes for BioMedical Research, Inc.