Examples of Additional Compound in a sentence
Pursuant to the Restated Aegis Agreement, Aegis granted the Company an exclusive option (the “Opiant Option”) to obtain an exclusive, worldwide, royalty-bearing license (with the right to grant sublicenses through multiple tiers) under Aegis’s interests in the Technology and any “Joint Invention” (as such term is defined in the Restated Aegis Agreement) to the Technology to research, develop, make, have made, use, sell, offer for sale, and import products containing the Compound or an Additional Compound.
The Subleased Property was unoccupied prior to the Sublease to the Sub-Lessee.The Additional Compound (as defined below) (being, the rest of the property in the Medtecs Compound other than the Subleased Property) is also located within the Medtecs Compound, with a total approximate land area of 5,000sq.m, where smaller buildings like the canteen, garbage, electric room, guardhouses and warehouse and other land improvements are located.
Depending on when the Sub-Lessee exercises the Option, the purchase price payable (the “Purchase Price”) will vary between US$5,500,000.00 and US$5,700,000.00 (the “Highest Purchase Price”) as follows: In the event that the terms and conditions of the purchase of the Subleased Property and the Additional Compound pursuant to the exercise of the Option are agreed upon, the Sub-Lessor and Sub-Lessee will enter into a formal purchase agreement in relation to the disposal and payment terms.
The Sub-Lessee has agreed to, upon signing of the Agreement, remit to the Sub-Lessor US$48,068.00 as advance rental payment (the “Advance Rental”) and US$96,136.00 as security deposit for the Subleased Property and the Additional Compound (as defined below) (the “Security Deposit”).
Upon receipt of an Additional Compound Notice, Janssen shall have a period of [***] (the “Assessment Period”) to assess whether it desires to include such Additional Compound within the Compounds and provide notice to Theravance of such determination.