Amendment to Include New Application Sample Clauses

Amendment to Include New Application. Any approval to add a New Application to the Industrial Applications shall be subject to the parties entering into an amendment to this Agreement that (i) adds such New Application to the Industrial Applications, (ii) includes a mutually agreed, separate and discrete minimum annual development expenditure by Company for such New Application until a Product for such New Application until the first commercial sale of Products for such New Application; and (iii) includes a mutually agreed royalty for such New Application.
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Related to Amendment to Include New Application

  • Amendment to Security Agreement The Security Agreement is hereby amended as follows:

  • AMENDMENT TO SECTION 1.1

  • Amendment to Agreement The Agreement is hereby amended as follows:

  • Amendment to Definitions In Section 1.01, amendments are made to the definitions, as follows:

  • Amendment and Restatement; No Novation This Agreement constitutes an amendment and restatement of the Existing Credit Agreement, effective from and after the Closing Date. The execution and delivery of this Agreement shall not constitute a novation of any indebtedness or other obligations owing to the Lenders or the Administrative Agent under the Existing Credit Agreement based on facts or events occurring or existing prior to the execution and delivery of this Agreement. On the Closing Date, the credit facilities described in the Existing Credit Agreement shall be amended, supplemented, modified and restated in their entirety by this Agreement and the facilities described herein, and all loans and other obligations of the Borrower outstanding as of such date under the Existing Credit Agreement shall be deemed to be loans and obligations outstanding under the corresponding facilities described herein, without any further action by any Person, except that the Administrative Agent shall make such transfers of funds as are necessary in order that the outstanding balance of such Loans, together with any Loans funded on the Closing Date, reflect the respective Revolving Credit Commitments of the Lenders hereunder.

  • Amendment to Schedule The Grantor authorizes the Collateral Agent to modify this Agreement and the Assignments of Patents, without the necessity of such Grantor’s further approval or signature, by amending Schedule A hereto and the Annex to each Assignment of Patents to include any future or other Patents or Patent Licenses that become part of the Patent Collateral under Section 2 or Section 3.1.

  • Amendment to Section 5 05. Section 5.05 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 2 06(a). Section 2.06(a) of the Credit Agreement is amended and restated to read in its entirety as follows:

  • Amendment to Section 4 07. Section 4.07 of the Indenture is hereby amended and restated in its entirety to read as follows:

  • Amendment to Section 1.01 Section 1.01 of the Credit Agreement is hereby amended as follows:

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