Profit Sharing Arrangements Sample Clauses

Profit Sharing Arrangements. Enter into any partnership, profit sharing or royalty agreement or other similar arrangement whereby the Borrower’s income or profits are, or might be, shared with any other Person;
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Profit Sharing Arrangements. Enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the Borrower's income or profits are, or might be, shared with any other Person, except with other Guarantor Subsidiaries wholly-owned by the Guarantor, provided that towage agreement whereby remuneration is based on a percentage of freight earned shall not be deemed profit-sharing;
Profit Sharing Arrangements. Except as set forth on Schedule 3.14, (i) no Person has the right pursuant to any contract, agreement or other arrangement (whether written or oral) between the Seller or any of its Affiliates and such Person to share or receive any payments, profits, financial return or other amounts relating to the Product, Licensed Patents (solely with respect to the Product) or Opiant Technology (solely with respect to the Product); and (ii) Seller has not assigned to any Person any rights that it has under the License Agreement to receive milestone payments, royalty payments or any other fees payable to Seller or any of its Affiliates under the License Agreement.
Profit Sharing Arrangements. Save for any joint venture partnership agreements existing at or before the Effective Date and other than in the ordinary course of business and on the basis of an arm’s length arrangement, enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby the income or profits of the Obligors or any of their respective Subsidiaries are, or might be, shared with any other Person;
Profit Sharing Arrangements. Except in the ordinary course of business, consistent with customary market practice, and with non-Affiliates, enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby an Obligor’s income or profits are, or might be, shared with any other Person;
Profit Sharing Arrangements. Profit sharing arrangements will continue in effect for existing customers until both parties agree to an alternative profit sharing arrangement;
Profit Sharing Arrangements. 24.01. To the extent a Holder or an affiliate of a Holder is also a partner in a Subsidiary, a “true up” mechanism may be applicable to ensure distributions by Newco to the Holders take such arrangement and any profit sharing in respect thereof into account.
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Profit Sharing Arrangements. No Obligor shall enter into any partnership, profit-sharing or royalty agreement or other similar arrangement whereby its income or profits are, or might be, shared with any other Person other than as contemplated by the Project Documents or any other agreement, concession or license in the ordinary course of the oil and gas business;
Profit Sharing Arrangements. 1. Investment Agreement dated April 16, 2013 (and clarified in a letter agreement dated October 15, 2014), between Opiant Pharmaceuticals, Inc. (f/k/a Lightlake Therapeutics Inc.) and Potomac Construction Limited.
Profit Sharing Arrangements. Neither the Borrower nor any of the Guarantors will enter into, or permit any of their respective Subsidiaries to enter into, any partnership agreement, profit-sharing agreement, royalty agreement or other similar arrangement (except for shared advertising arrangements with broadcasters) whereby income or profits of the Borrower or such Guarantor, as the case may be, or any of their respective Subsidiaries are shared with any person who is a director or officer of the Borrower or such Guarantor, as the case may be, or any of their respective Subsidiaries, a member of the immediate family of any such director or officer, or any entity that is majority owned or controlled by any such directors, officers or family members; provided that this Section 4.17 will not prohibit any stock option or other compensation arrangements with employees, officers or directors of the Borrower, any of the Guarantors and their respective Subsidiaries.
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