Examples of UBC Shares in a sentence
Neither all nor any portion of the UBC Shares shall be refundable to the Licensee under any circumstances.
The Licensee acknowledges and agrees that the University shall have the right to transfer any or all of the UBC Shares to a company or society of which the University is the sole shareholder in the case of a company or of which the University controls the membership, in the case of a society and the Licensee shall take all steps or do such acts as may be reasonably required to allow such transfer.
On the Effective Date, UBC will deliver or cause to be deliver to counsel for the Company the certificates representing the UBC Shares and an executed undated instrument of transfer authorizing the transfer of the UBC Shares to the Optionee, which executed undated instrument of transfer may only be dated by or at the direction of the Company upon exercise of the UBC Option, with no further action required by UBC.
The Licensee acknowledges and agrees that it will comply with all applicable laws and legislation with respect to the issuance of the UBC Shares and any shares issued under Article 5.7.
The Licensee acknowledges and agrees that UBC shall have the right to transfer any or all of the UBC Shares to a company or society of which UBC is the sole shareholder in the case of a company or of which UBC controls the membership, in the case of a society and the Licensee shall take all steps or do such acts as may be reasonably required to allow such transfer.
The Licensee acknowledges and agrees that a portion of the UBC Shares shall be issued to certain researchers and institutions who engaged in research in connection with the Technology, subject to Licensee's receipt of a signed acknowledgment from each party in the form attached hereto as Schedule "B".
Forbes acknowledges and agrees that UBC shall have the right to transfer any or all of the UBC Shares to a company or society of which UBC is the sole shareholder in the case of a company or of which UBC controls the membership, in the case of a society and Forbes shall take all steps or do such acts as may be reasonably required to allow such transfer.
If the Licensee files at any time a registration statement or prospectus with any securities authority, including the Securities and Exchange Commission in the U.S., the Licensee will to the fullest extent permitted by applicable securities laws, include the registration of the UBC Shares under such securities registration.
Neither all nor any portion of the UBC Shares shall be refundable to Licensee under any circumstances.
On and subject to the terms and conditions of this Agreement, the Buyer agrees to purchase from the Seller, and the Seller agrees to sell to the Buyer, One Thousand (1,000) shares of common stock, par value $0.01 per share, of UBC (the "UBC Shares") and One Hundred Thousand (100,000) shares of common stock, par value $1.00 per share, of Xxxxxx of Alabama (the "WDHN Shares") for the consideration specified in Section 1.2 below.