Notice and effects Clause Samples

Notice and effects. 6.1 The X-COM Member – for the purposes of the performance of the obligations agreed upon in the preceding paragraphs – shall notify MONTE TITOLI, also in the name and on behalf of the Settlement Agent, of the conclusion of the present agreement by forwarding an original copy hereof signed by both Parties by registered letter, return receipt requested or by courier anticipated by e- mail to the address: ▇▇▇@▇▇▇▇.▇▇▇. The forwarding of the said original copy shall also serve as confirmation of the Settlement Agent’s power of attorney granted by MONTE TITOLI with respect to the powers of this agreement and situations concerning the subject matter of this agreement, as provided in the Regulations, the Instructions and/or the General Conditions. The delivery to MONTE TITOLI of the original copy of the agreement shall also entitle MONTE TITOLI to perform the credit or debit operations consequent on it, including in relations with the Settlement Agent, in accordance with this agreement, the Regulations, the Instructions, the General Conditions, and other rules of the Service. 6.2 MONTE TITOLI shall inform the X-COM Member of the date on which this agreement shall take effect it being understood that the X-COM Member shall inform the Settlement Agent about the effective date of the same. 6.4 Other communications from MONTE TITOLI shall be transmitted in the cases, within the deadlines, and by the methods established by the Regulations, the Instructions and/or the General Conditions.

Notice and effects. 7.1 The Clearing Member – for the purposes of the execution of the preceding paragraphs – shall notify CC&G, also in the name and on behalf of the Settlement Agent, of the stipulation of the present 7.2 CC&G shall inform the Parties of the date on which this agreement shall take effect. 7.3 Communications from CC&G to the Settlement Agent pursuant to the preceding paragraph 2 shall be 7.4 The Clearing Member is obliged to inform the Settlement Agent if it decides to alter its own position, within a Section, from that of an Individual Clearing Member to a General Clearing Member or vice versa, by prior notification of not less than ten CC&G open days before the modification shall take effect. Notwithstanding the right of withdrawal under the terms indicated at Article 8, this change shall take immediate effect, from the moment in which the new position is implemented by CC&G, in relation both to the consequent requirements of CC&G and to the corresponding obligations of the Settlement Agent.

Notice and effects. 7.1 The Clearing Member – for the purposes of the execution of the preceding paragraphs – shall notify CC&G, also in the name and on behalf of the Settlement Agent, of the stipulation of the present agreement by forwarding an original copy thereof signed by both parties. The forwarding of the said original copy shall also serve as confirmation of the Settlement Agent’s mandate with CC&G with respect to the powers of this agreement and situations arising therefrom in the Regulations and/or the Instructions. The consignment to CC&G of the original copy of the agreement shall also entitle CC&G to perform the operations – credit or debit – consequent on it, including in relations with the Settlement Agent, in accordance with this agreement, the Regulations, the Instructions, the General Conditions, and other rules of the System. 7.2 CC&G shall inform the parties of the date on which this agreement shall take effect, confirming – where possible – the date indicated at Article 8, paragraph 1. 7.3 Communications from CC&G to the Settlement Agent pursuant to the preceding paragraph 2 shall be addressed to the following fax number and subsequently confirmed by registered mail with return receipt to the following address: 7.4 The Clearing Member is obliged to inform the Settlement Agent if it decides to alter its own position, within a Section, from that of an Individual Clearing Member to a General Clearing Member or vice versa, by prior notification of not less than ten CC&G open days before the modification shall take effect. Notwithstanding the right of withdrawal under the terms indicated at Article 8, this change shall take immediate effect, from the moment in which the new position is implemented by CC&G, in relation both to the consequent requirements of CC&G and to the corresponding obligations of the Settlement Agent.

Notice and effects of Either Party’s Decision to Abandon; Disclaim; or Discontinue Prosecution, Maintenance, or Defense of Patents. In the event that either Party decides in respect of any Patent for which it is responsible for prosecution hereunder (except for Patents within the Independent IPR of that Party): (a) to discontinue the prosecution or maintenance of any Patent, (b) to discontinue the defense of any Patent (such as by discontinuing efforts to defend a Patent that is the subject of an opposition, reexamination, nullity, or interference proceeding), (c) to not file a priority patent application with respect to (i) an invention disclosure in the Collaboration IPR or (ii) any Patent to which it is the prosecuting Party (including by decision (A) not to enter the national or regional phase in any country or region that is a designated state of a PCT application filed by such Party or (B) not to pursue an application in a country wherein an application claiming priority to another application filed by such Party may be filed), or (d) to abandon or disclaim (in whole or in part, other than by terminal disclaimer), without possibility of restoration, any Patent, it shall provide written notice to the other Party at least *** in advance of such abandonment or deadline for such filing – except in the case of national phase filing, in which case such notice shall be provided at least *** in advance of the date of the first applicable deadline for national phase entry – so as to allow the other Party the opportunity to file, defend, maintain (including by payment of annuities, issue fees, maintenance fees, or the like), or continue prosecution of such Patent, at its own expense. In such an event, the notifying Party shall provide any assistance reasonably requested of it by the other Party (including providing the other Party with power of attorney to perform such tasks) and, to the extent authorized by contract and permitted by applicable Law, assign its rights to such Patent to the other Party. The notified Party shall thereafter grant to the notifying Party a worldwide, non-exclusive Certain information has been excluded from this agreement (indicated by “[***]”) because such information (i) is not material and (ii) would be competitively harmful if publicly disclosed. license with respect to such Patent for no additional consideration. The Parties acknowledge that any abandoned Patents listed as Background IPR as of the date of this Agreement in the applicable Schedules...

Notice and effects