OTHER OBLIGATION OF BSC, COOK AND ANGIOTECH Sample Clauses

OTHER OBLIGATION OF BSC, COOK AND ANGIOTECH. 6.1 CRADA Study. Angiotech covenantx xx pay the National Institutes of Health ("NIH") all amounts owed to NIH under the License Agreement dated as of November 26, 1996, between Angiotech and NIH relating to "Drug Delivery Systems and Methods of Treating Fibroproliterative Vascular Diseases using Microtubial Stabilizing Agents," a copy of which is attached hereto as Exhibit B (the "NIH Agreement") and all amounts owed to NIH under its cooperative research and development agreement with NIH (the "CRADA"). Each of BSC and Cook shall reimburse Angiotech, within thirty (30) days of receipt of xx invoice therefor, for fifty percent (50%) of all direct expenditures made by Angiotech for research relevant to determining the effect of Eligible Products in the treatment of vascular disease under the CRADA, up to a maximum of $351,500 for each of BSC and Cook. In addition, if the research conducted under the CRADA is expanxxx at the request of BSC or Cook, BSC or Cook, as the case may be, will reimburse Angiotech for oxx xundred pexxxxt (100%) of any additional expenditures as a result thereof (with each of BSC and Cook reimbursing Angiotech for fifty percent (50%) of such cost if boxx xarties so request, and solely if only one party so requests). Cook and BSC agree to provide a reasonable number of stents and other xxxoluminal devices necessary for the research to be conducted under the CRADA at no cost; provided, however, that BSC and Cook shall not be required to provide any stents or other endoluminal xxxices for any study protocols which they have not approved in advance in writing (such approval not to be untimely or unreasonably withheld).
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Related to OTHER OBLIGATION OF BSC, COOK AND ANGIOTECH

  • Other Obligations and Services The Adviser shall make its officers and employees available to the Board of Trustees and officers of the Trust for consultation and discussions regarding the administration and management of the Fund and its investment activities.

  • Cooperation obligations The Parties undertake to cooperate to allow the timely submission, examination, publication and defence of any dissertation or thesis for a degree which includes their Results or Background subject to the confidentiality and publication provisions agreed in this Consortium Agreement.

  • Registration Obligations The Company expressly agrees to register, with the Securities and Exchange Commission, the shares of common stock underlying the options issued herein in a registration statement on Form S-8, if and when available (and all related qualifications under the state securities laws.

  • Independent Nature of Holders’ Obligations and Rights The obligations of each Holder hereunder are several and not joint with the obligations of any other Holder hereunder, and no Holder shall be responsible in any way for the performance of the obligations of any other Holder hereunder. Nothing contained herein or in any other agreement or document delivered at any closing, and no action taken by any Holder pursuant hereto or thereto, shall be deemed to constitute the Holders as a partnership, an association, a joint venture or any other kind of group or entity, or create a presumption that the Holders are in any way acting in concert or as a group or entity with respect to such obligations or the transactions contemplated by this Agreement or any other matters, and the Company acknowledges that the Holders are not acting in concert or as a group, and the Company shall not assert any such claim, with respect to such obligations or transactions. Each Holder shall be entitled to protect and enforce its rights, including without limitation the rights arising out of this Agreement, and it shall not be necessary for any other Holder to be joined as an additional party in any proceeding for such purpose. The use of a single agreement with respect to the obligations of the Company contained was solely in the control of the Company, not the action or decision of any Holder, and was done solely for the convenience of the Company and not because it was required or requested to do so by any Holder. It is expressly understood and agreed that each provision contained in this Agreement is between the Company and a Holder, solely, and not between the Company and the Holders collectively and not between and among Holders. ******************** (Signature Pages Follow)

  • Further Obligations of the Company Whenever the Company is required hereunder to register any Registrable Securities, it agrees that it shall also do the following:

  • Obligations and Activities of Business Associates (1) Business Associate agrees not to use or disclose PHI other than as permitted or required by this Section of the Contract or as Required by Law.

  • Our Obligations Some obligations placed on us under this contract may be carried out by another person. If an obligation is placed on us to do something under this contract, then:

  • Conditions to the Obligation of the Company The obligation of the Company to effect the Merger shall be subject to the satisfaction or waiver prior to the Effective Time of the following additional conditions:

  • Parallel Operation Obligations Once the Small Generating Facility has been authorized to commence parallel operation, the Interconnection Customer shall abide by all rules and procedures pertaining to the parallel operation of the Small Generating Facility in the applicable control area, including, but not limited to: (1) the rules and procedures concerning the operation of generation set forth in the NYISO tariffs or ISO Procedures or the Connecting Transmission Owner’s tariff; (2) any requirements consistent with Good Utility Practice or that are necessary to ensure the safe and reliable operation of the Transmission System or Distribution System; and (3) the Operating Requirements set forth in Attachment 5 of this Agreement.

  • Liability for Specific Obligations The Administrator will be liable only for its specific obligations under this Agreement. All other liability is expressly waived and released as a condition of, and consideration for, the execution of this Agreement by the Administrator. The Administrator will be liable for its willful misconduct, bad faith or negligence in performing its obligations under this Agreement.

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