No Payment Obligations. There are no outstanding royalty, commission or other executory payment agreements, arrangements or obligations with respect to any Company Intellectual Property, including the System and any Company Licenses.
No Payment Obligations. Neither Party shall have any payment obligations to the other Party for the collaborative services provided under this Agreement.
No Payment Obligations. Franchise has acquired or will have acquired the valid and exclusive rights to exhibit, distribute, and/or exploit each Franchise Picture as provided herein; and all of the following has been or will be fully paid or discharged prior to Delivery: (i) except as to customary residual payments and payments due to performing rights societies, all claims and rights of owners of copyright in literary, dramatic, musical rights and other property or rights in or to all stories, plays, scripts, scenarios, themes, incidents, plots, characters, dialogue, music, words and other material of any nature whatsoever appearing, used or recorded in the Program; (ii) except as to customary residual payments and payments due to performing rights societies, all claims and rights with respect to the use, distribution, performances, exhibition and exploitation of each Franchise Picture, and any music contained therein, throughout the universe; (iii) all costs of producing and completing each Franchise Picture except for profit participations and deferments not yet due which Franchise represents and warrants are solely the responsibility of Franchise. Further, Bay will not be obligated to make any payments to any third party, unless otherwise expressly specified in this Agreement, in connection with the exercise by Bay or its licensees of the Granted Rights including, but not limited to: (x) any guild re-run, reuse, pension or residual payments of any kind, nature or description; or (y) any other payments (whether characterized as a deferment, participation, or otherwise) required to be made to any third party participant including without limitation investors in and/or financiers of any Franchise Picture.
No Payment Obligations to the Executive After the ------------------------------------------------- Date of Termination in Certain Circumstances. If the Executive's Date of -------------------------------------------- Termination occurs under circumstances described in paragraph 3(c) (relating to termination of the Executive for Cause), paragraph 3(e) (relating to the Executive's resignation) or paragraph 3(f) (relating to termination by mutual agreement), or if the Executive's employment with the Company terminates after the end of the Agreement Term, then, except as otherwise expressly provided in this Agreement or otherwise agreed in writing between the Executive and the Company, the Company shall have no obligation to make payments under this Agreement for periods after the Date of Termination.
No Payment Obligations. SMG has acquired or will have acquired the Granted Rights as well as the valid and exclusive rights to exhibit, distribute, and/or exploit each Project, as provided herein; and all of the following has been or will be fully paid or discharged by SMG prior to Delivery: (i) except as to customary residual payments (which residual payments, if any, shall be SMG's sole responsibility) and payments due to performing rights societies, all claims and rights of owners of copyright in literary, dramatic and other property or rights in or to all stories, plays, scripts, scenarios, themes, incidents, plots, characters, dialogue, words and other material of any nature whatsoever appearing, used or recorded in the Project; (ii) except as to customary residual payments (which residual payments, if any, shall be SMG's sole responsibility) and payments due to performing rights societies, all claims and rights with respect to the use, distribution, performances, exhibition and exploitation of each Project throughout the universe; (iii) all costs of producing and completing each Project except for profit participations and deferments not yet due which SMG, as between BAM and SMG, represents and warrants are solely the responsibility of SMG subject to any costs incurred by BAM in connection with any Uncontrolled Rights. Further, BAM will not be obligated to make any payments to any third party, unless otherwise expressly specified in this Agreement, in connection with the exercise by BAM or its licensees of the Granted Rights including, but not limited to: (x) any guild re-run, reuse, pension or residual payments of any kind, nature or description; or (y) any other payments (whether characterized as a deferment, participation, or otherwise) required to be made to any third party participant including without limitation investors in and/or financiers of any Project, or any fees or payouts for use or performance of the music.
No Payment Obligations. As of the Closing Date, Putfile shall have no payment obligations or amounts owed to either Gxxxxx Page or Rxxxxx Xxxx, either by promissory note or contract except as described herein. For avoidance of doubt, as of the Closing Date, neither Putfile nor HandHeld shall be required to pay either Gxxxxx Page or Rxxxxx Xxxx any amounts loaned by such Owner to Putfile prior to the Closing Date other than the sum of thirty six thousand pounds sterling (£36,000) which shall be payable to Gxxxxx Page in twelve equal installments commencing on the Closing Date and monthly thereafter.
No Payment Obligations. CTT will not be obligated to make any ------------------------ payments to any third party, unless otherwise expressly specified in this Agreement or consented to in writing by CTT, in connection with the exercise by CTT or its licensees of the Product Rights.
No Payment Obligations. AgraQuest represents and warrants that there are no, and will not be any, payment or other obligations to third parties that would result from the use by Maxygen or its sublicensees of any Selected Strains or Derived Material.
