Common use of Non-Obligors Clause in Contracts

Non-Obligors. The revenue of Subsidiaries which are not Obligors shall not exceed €250,000 in the aggregate on an annual basis. The fair market value of the assets of Subsidiaries which are not Obligors shall not exceed €500,000 in the aggregate at any given time.

Appears in 2 contracts

Sources: Loan and Security Agreement (uniQure N.V.), Loan and Security Agreement (uniQure N.V.)

Non-Obligors. The revenue of Subsidiaries which are not Obligors shall not exceed €250,000 in the aggregate on an annual basis. The fair market value of the assets of Subsidiaries which are not Obligors Obligors, excluding the fair market value of the assets of Corlieve TherapeuticsuniQure France, shall not exceed €500,000 in the aggregate at any given time.

Appears in 1 contract

Sources: Loan and Security Agreement (uniQure N.V.)