Key Assets Sample Clauses

Key Assets. The Underlying Asset shall have completed and evidenced its acquisition of Key Assets as defined in the Confirmation from the relevant person in such form as deemed satisfactory to the Purchaser. Except as stated above, the Underlying Asset does not, directly or indirectly, have any equity or other interest, or rights to obtain such equity or other interests in any corporation, partnership, joint venture, firm, association, entity or business enterprise, and is not party to any agreement to acquire such an interest.
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Key Assets. The Company owns all intellectual property rights to the extent possible (that is, excluding software the subject of open source licences) in the technology under development save for the material subject to open source licences. The Company owns xxxx://xxx.xxxxxxxxxxxx.xx/ and associated social media accounts. The Company intends to apply for trademark registration of it’s logo and name but has not filed that application to date.
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Key Assets. Artisoft shall not transfer any assets or rights that are required to meet any of Artisoft's covenants or obligations hereunder, including, without limitation, the licensing, development and support Of the Software, unless, in connection with such transfer, Artisoft causes the transferee to enter into an agreement with TAIS that meets TAIS' reasonable satisfaction, pursuant to which transferee agrees to perform Artisoft's duties relating, to the asset or right set forth herein. In the event that Artisoft breaches this section 15.3, as TAIS's sole remedy, which it may choose to exercise in its sole discretion, TAIS shall have an immediate right to terminate this Agreement and to receive within ten (10) days of written demand therefor a refund of the total amount of TAIS payments toward the Minimum Commitment in excess of the actual royalty payments that Would have been owed hereunder by TAIS to Artisoft absent the Minimum Commitment.
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Key Assets. 25.22.1 Each Obligor shall, and shall procure that each member of the Group shall, exercise such votes and other rights as it may have with respect to the Key Assets for the purposes ensuring (so far as it is able) that each Key Asset is at all times exploited and operated in a reasonable and prudent manner and in accordance with good industry practice and all applicable laws and regulations.
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Key Assets. Existing non-operational Michener financial assets (e.g., Education Development Fund, scholarship, bursaries and other funds) will be maintained by UHN in a manner consistent with existing purposes. Michener will confirm any intellectual property that has special terms or reserved rights that may be affected by the Merger.
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Related to Key Assets

  • Assets The School shall maintain a complete and current inventory of all of its property and shall update the inventory annually. The School shall take all necessary precautions to safeguard assets acquired with public funds.

  • Company Assets Executive acknowledges that no trustee, officer, director or shareholder of Company or any Affiliate is liable to Executive in respect of the payments or other matters set forth herein.

  • Dispositions of Assets or Subsidiaries Each of the Loan Parties shall not, and shall not permit any of its Subsidiaries to, sell, convey, assign, lease, abandon or otherwise transfer or dispose of, voluntarily or involuntarily, any of its properties or assets, tangible or intangible (including sale, assignment, discount or other disposition of accounts, contract rights, chattel paper, equipment or general intangibles with or without recourse or of capital stock, shares of beneficial interest, partnership interests or limited liability company interests of a Subsidiary of such Loan Party), except:

  • Other Equity Interests Subject to the percentage restrictions described above, any and all other Capital Stock or other equity interests owned by the Pledgors in any Domestic Subsidiary or any Foreign Subsidiary.

  • Dispositions of Assets Until the first day after the Restriction Period, none of SpinCo or any member of the SpinCo Group shall sell, transfer, or otherwise dispose of or agree to dispose of assets (including, for such purpose, any shares of capital stock of a Subsidiary and any transaction treated for tax purposes as a sale, transfer or disposition) that, in the aggregate, constitute more than 60 percent of the gross assets of SpinCo, nor shall SpinCo or any member of the SpinCo Group sell, transfer, or otherwise dispose of or agree to dispose of assets (including, for such purpose, any shares of capital stock of a Subsidiary and any transaction treated for tax purposes as a sale, transfer or disposition) that, in the aggregate, constitute more than 60 percent of the consolidated gross assets of the SpinCo Group. The foregoing sentence shall not apply to sales, transfers, or dispositions of assets in the ordinary course of business. The percentages of gross assets or consolidated gross assets of SpinCo or the SpinCo Group, as the case may be, sold, transferred, or otherwise disposed of, shall be based on the fair market value of the gross assets of SpinCo and the members of the SpinCo Group as of the Distribution Date. For purposes of this Section 4(b)(v), a merger of SpinCo or one of its Subsidiaries with and into any Person shall constitute a disposition of all of the assets of SpinCo or such Subsidiary.

  • Remaining Assets In the event that the School closes, the School shall return any remaining public assets to the State, provided that any outstanding obligations of the School are fulfilled first pursuant to Sec. 302D-19, HRS.

  • Other Assets i. Shares of other investment companies (open- or closed-end funds and ETFs) the assets of which consist entirely of Eligible Assets based on the Investment Adviser’s assessment of the assets of each such investment company taking into account the investment company’s most recent publicly available schedule of investments and publicly disclosed investment policies.

  • Disposition of Assets To sell, exchange, lend, pledge, mortgage, hypothecate, write options on and lease any or all of the assets of the Trust;

  • Fixed Assets 9 2.10.Leases........................................................10 2.11.Change in Financial Condition and Assets......................10 0.00.

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