Examples of UPenn Agreement in a sentence
The aggregate amount payable by Seller pursuant to Article VI shall not exceed the Purchase Price; provided, however, that such limit shall not apply to recovery for any claim relating to Fraud or any Losses relating to or arising from the UPenn Agreement.
The aggregate amount payable by Seller pursuant to Section 6.02(a) shall not exceed $1,500,000 (the “ Cap”); provided, however, that (i) with respect to recovery for any misrepresentation, inaccuracy in or breach of any Fundamental Representation, the Cap shall not apply and the Seller’s maximum aggregate liability shall be limited to the Purchase Price, and (ii) the Cap shall not apply to recovery for (A) any claim relating to Fraud, or (B) any Losses relating to or arising from the UPenn Agreement.
For the avoidance of doubt, Seller grants no sublicense or rights to Buyer under this Agreement in, to or under any of the UPenn Patent Rights or any Penn Technical Information (as defined in the UPenn Agreement).
Xxxxx, Ph.D. Title Managing Director Articles from the UPenn Agreement which would be added to this Agreement, pursuant to Section 11.4 of this Agreement.
Celladon’s payment obligations with respect to the UPenn Agreement are set forth in Section 3.1.
In addition, during the term of the UPenn Agreement, Celladon shall use Commercially Reasonable Efforts to have in Active Development at least one Celladon Product that is covered by the AmpliPhi Licensed Patents owned by UPenn and licensed to AmpliPhi under the UPenn Agreement.
Xxxxx, Ph.D. Title Managing Director ATTACHMENT 1 Articles from the UPenn Agreement which would be added to this Agreement, pursuant to Section 11.4 of this Agreement .
The aggregate amount payable by Seller pursuant to Section 6.02(a) shall not exceed $1,500,000 (the “ Cap”); provided, however, that (i) with respect to recovery for any misrepresentation, inaccuracy in or breach of any Fundamental Representation, the Cap shall not apply and the Seller’s maximum aggregate liability shall be limited to the Purchase Price, and(ii) the Cap shall not apply to recovery for (A) any claim relating to Fraud, or (B) any Losses relating to or arising from the UPenn Agreement.
All monies recovered upon the final judgment or settlement of any such suit to enforce the AmpliPhi Licensed Patents shall first be applied to reimburse each party, and, if applicable, UPenn, for their respective litigation expenditures, with remaining recoveries being subject to Celladon’s payment obligations under Section 3.1 to the extent required by the UPenn Agreement, after which any remaining recovery shall be shared by the parties in relation to the damages suffered by each party.
Celladon shall make payment to AmpliPhi of such UPenn Payments at least ten (10) days before such UPenn Payments are due from AmpliPhi to UPenn, together with reasonable supporting documentation but in any event at least such documentation as required for AmpliPhi to comply with its associated reporting obligations under the UPenn Agreement.