Examples of Symphony GenIsis in a sentence
Symphony GenIsis shall not enter into any settlement or compromise of such action, suit or proceeding that affects or concerns the validity, enforceability, or ownership of any Licensed Patent Rights or other Licensed Intellectual Property without the prior written consent of Licensor, which consent shall not be unreasonably withheld or delayed.
If Symphony GenIsis identifies a third party that wishes to obtain such rights, then upon Symphony GenIsis’ request, (i) Licensor and Symphony GenIsis shall amend this Agreement to terminate all of Symphony GenIsis’ rights and obligations to the extent applicable to the Discontinued Program and (ii) Licensor shall enter into a separate license agreement with such third party in which all of such terminated rights and obligations shall be conferred upon and undertaken by such third party.
Licensor and Symphony GenIsis acknowledge that Licensor may exercise its Discontinuation Option pursuant to Section 11.1 of the Amended and Restated Research and Development Agreement.
In exchange for the purchase option, Isis granted to Symphony GenIsis Holdings LLC a five-year warrant to purchase 4.25 million shares of common stock at an exercise price of $8.93 per share, a 25% premium over Isis’ prior 60 day average trading price, which was $7.14.
In addition to its wholly owned subsidiaries, the condensed consolidated financial statements include one variable interest entity, Symphony GenIsis, Inc., for which Isis is the primary beneficiary as defined by Financial Accounting Standards Board Interpretation (“FIN”) No. 46 (revised 2003), Consolidation of Variable Interest Entities, an Interpretation of ARB No. 51.
If Symphony GenIsis informs Licensor in writing at least [***] days before the relevant abandonment deadline that Symphony GenIsis desires to avoid such abandonment or lapse, then Licensor shall continue to prosecute or maintain such patent or patent application at Symphony GenIsis’ request and sole expense.
Symphony GenIsis shall have the right to participate and be represented in any such action, suit or proceeding by its own counsel at its own expense provided that Symphony GenIsis shall not enter into any settlement or compromise of such action, suit or proceeding that affects or concerns the validity, enforceability, or ownership of any Licensed Patent Rights or other Licensed Intellectual Property without the prior written consent of Licensor, which consent shall not be unreasonably withheld or delayed.
Principals are required however, to facilitate the provision of religious instruction from ministers of a religious denomination or society, or an accredited representative who has been approved by the Minister for Education, Training and Employment, to give instruction to students who are members of the religious denomination or society in attendance at a state school.
After such Regulatory Files are assigned to Symphony GenIsis, Licensor shall have no further rights therein or obligations thereunder; provided, however, that during the one hundred eighty (180) days following such assignment of Regulatory Files, at Symphony GenIsis’ reasonable request and expense, Licensor shall use commercially reasonable efforts to provide Symphony GenIsis or its designee with assistance in respect of such Regulatory Files.
Such terms shall include but not be limited to (1) provisions allowing for termination of such license agreement upon a material, uncured breach of such license agreement by the third party on similar terms as provided herein with respect to Symphony GenIsis and (2) a confidentiality provision that is not dependent on any of the Operative Documents.