1Grant. 1.1 LICENSOR grants to LICENSEE an exclusive, royalty free license to make, have made, use, offer to sell, and sell throughout the world constructions embodying the invention disclosed and claimed in the [*] patent (“Exclusive License”).
1Grant. Subject to the terms and conditions contained herein and in the Plan and Partnership Agreement, the Participant is granted 1,700 Incentive Units of the Partnership, of which 708.4 shall be eligible to vest based on the passage of time (the “Time Vesting Units”), 212.5 shall be eligible to vest based on the achievement of certain performance goals (the “Tranche 1 Performance Units”), 212.5 shall be eligible to vest based on the achievement of certain performance goals (the “Tranche 2 Performance Units”), 283.2 shall be eligible to vest based on the achievement of certain performance goals (the “Tranche 3 Performance Units”) and 283.4 shall be eligible to vest based on the achievement of certain performance goals (the “Tranche 4 Performance Units” and, together with the Tranche 1 Performance Units, the Tranche 2 Performance Units and the Tranche 3 Performance Units, the “Performance Vesting Units”).
1Grant. To secure the full and timely payment and performance of the Obligations, Borrower hereby MORTGAGES, GRANTS, BARGAINS, SELLS and CONVEYS to Lender all of Borrower's right, title and interest in and to the Property, subject, however, to the Permitted Encumbrances and the First Mortgage; TO HAVE AND TO HOLD the Property to Lender, its successors and assigns, and Borrower does hereby bind itself, its successors and assigns to WARRANT AND FOREVER DEFEND the title to the Property unto Lender.
1Grant. Each Grantor hereby (i) assigns and transfers to the Collateral Agent, and hereby grants to the Collateral Agent and (ii) reassigns and retransfers to the Collateral Agent, and hereby regrants to the Collateral Agent, in each case for the ratable benefit of the Secured Parties, a security interest in all of the following property now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest (collectively, the “Collateral”), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of such Grantor’s Secured Obligations:
1Grant. For so long as the Investors or their Affiliates hold any shares of Series A Preferred Stock, the Company hereby unconditionally and irrevocably grants to the Investors and their Affiliates a right of first refusal (the “Right of First Refusal”) with respect to the granting of any financing to the Company or its Subsidiaries in connection with future requests for debt financing; provided that the foregoing shall not include any such debt financing (a) from commercial banks or (b) in the form of high yield debt financing on customary terms (under normal market conditions, not distressed conditions) (any such financing, a “ROFR Financing”).
1Grant. Sponsor shall grant to Grantee all amounts that it may deposit to the restricted fund it has set up for the Sponsored Project.
1Grant. Subject to Licensee's compliance with Articles 8.0 (Licensing Fees and Royalty) and 9.0 (Payments and Reports), and all other provisions of this Agreement, and to the reservation of rights in Paragraphs 3.2, Skinvisible hereby grants to Licensee, and Licensee accepts, an exclusive, royalty-bearing license, with the right to Sublicense, in the Field under the Patent Rights and Technical Information to import, make, have made, and use, and sell Licensed Products in the Territory. Once the License Fee in clause 7.1 has been fully paid, the grant of rights shall fully come into effect. Until then Licensee’s rights will be limited to R&D, clinical trial and regulatory submission uses only.
1Grant. The Company confirms the award to Employee of «Shares» shares of Common Stock (the "Shares") as restricted stock, upon the terms, restrictions, and conditions of this Agreement and the Plan. The award of Shares shall be effective as of the Effective Date of this Agreement.
1Grant. Participant is hereby granted, effective as of the Grant Date, the number of Class B Units set forth on the signature page hereto (the “Award”). Each Class B Unit granted hereunder shall have the Benchmark Amount set forth on the signature page hereto.
1Grant. Subject to the terms and conditions of this Agreement, XOMA hereby grants to VIVENTIA a non-exclusive, non-transferable, worldwide license under the Licensed Technology, without the right to grant sublicenses, to make, have made, use, import, offer for sale and sell Licensed Products for use in the Field, provided that VIVENTIA shall have the right to enter into one agreement in each country with a marketing partner for sale of Licensed Products for use in the Field.
