Common use of Baxter Clause in Contracts

Baxter. agrees to pay, perform, discharge or otherwise satisfy, or cause to be paid, performed, discharged or otherwise satisfied the obligations under the License Agreement arising on or after the date hereof with respect to any Products sold by Baxter by transmitting any and all payments and reports directly to Licensor, with simultaneous written notice thereof to Nexell.

Baxter. agrees to pay, perform, discharge or otherwise satisfy, or cause to be paid, performed, discharged or otherwise satisfied the obligations under the Second BD License Agreement arising on or after the date hereof with respect to any Products sold by Baxter by transmitting any and all payments and reports directly to LicensorBecton, with simultaneous written notice thereof to Nexell.