Substitution Rights. If, at any time during the Research Term, the JSC unanimously so agrees, (a) any Deal Target may be substituted with a different Target or (b) any Deal E3 Ligase may be substituted with a different E3 Ligase and, for clarity, the new Deal Target or Deal E3 Ligase, as applicable, shall be added to Schedule 1.1.34 or Schedule 1.1.35, as applicable, and the former Deal Target or Deal E3 Ligase, as applicable, shall become an “Excluded Target”.
Substitution Rights. From time to time Borrower may request the right to sell an existing Megaplex Property and have it be released from the Mortgage Lien and, simultaneously with such sale, acquire a new Real Estate Property which is a reasonably comparable theater property which would become a Megaplex Property under the Loan Documents and be subject to the Lien of a Mortgage securing the Loan and other obligations of Obligors to Lender. If Lender consents to such request (which consent can be granted, withheld or conditioned in Lender's sole discretion), Borrower shall comply (i) with all of the provisions of Section 7.03(c) (other than the requirement of using Loan proceeds) for the acquisition of additional Real Estate Properties plus appropriate title insurance and other deliveries so that Lender's position and information about such new property is comparable with Lender's position and information relating to the Initial Megaplex Properties, and (ii) with such other conditions as Lender may impose in its sole and absolute condition. If Lender does not consent to such request, Lender shall have no obligation to release its Mortgage Lien on such existing Megaplex Property or otherwise consent to any sale or disposition of such Megaplex Property.
Substitution Rights. (a) On occurrence of a Project Company’s Event of Default, the Government shall, through Notice of Intention to Terminate to the Lender(s), invite the Lender(s) to submit a proposal for substitution of the Project Company in accordance with Section 16.06 herein within sixty (60) days of the date of the Notice of Intention to Terminate to the Lender(s).
Substitution Rights. At the request of TCI, the Banks will release one or more of the entities defined as "TCI" under this letter from any further obligations hereunder so long as the net worth of the entities remaining as obligors (including for this purpose any additional TCI affiliates which agree in writing to be bound as an obligor hereunder) is not less than $______ (less the aggregate amount of all Keep Well Advances previously made by TCI). In addition, TCI may transfer its assets so long as after giving effect to such transfer TCI will continue to have a net worth not less than $______. The foregoing substitution rights may be evidenced by a new keep well agreement among the parties hereto and any additional TCI Affiliates, which new agreement will be on the same or similar terms as this Agreement.
Substitution Rights. If, despite a written request of the Landlord at least fourteen days in advance, the Tenant fails to meet its above mentioned obligations within reasonable time limits, the Landlord shall be entitled to have the necessary work carried out at the Tenant’s costs. In the event of imminent danger it shall not be necessary to provide for a time limit.
Substitution Rights. Either party may in its sole discretion decide to refrain from or to cease prosecuting or maintaining any of its Patents, including any foreign filing or any Patent Cooperation Treaty filing. In the event that a party makes such decision with respect to a U.S. patent or patent application, or with respect to a foreign filing or Patent Cooperation Treaty filing which has been requested in writing by the other party, such party shall notify the other party promptly and in sufficient time to permit the other party at its sole discretion to continue such prosecution or maintenance at the other party's expense. If the other party elects to continue such prosecution or maintenance, the party who has elected to cease prosecuting or maintaining the Patent shall execute such documents and perform such acts at the other party's expense as may be reasonably necessary for the other party to so continue such prosecution or maintenance.
Substitution Rights. Upon at least 60 days' prior written notice, Lender agrees to release an Individual Mortgaged Property from the Lien of the Deed of Trust encumbering the Individual Mortgaged Property and the Loan Documents (the "Release Mortgaged Property" or "Release Properties"), and to substitute and encumber another property as part of the Mortgaged Property in its place (the "Substitute Mortgaged Property") in lieu of any Partial Release payment, provided that all of the following terms and conditions are satisfied as determined by Lender (each a "Substitution"):
Substitution Rights. Syros hereby grants to Incyte: 44
Substitution Rights. CooperVision shall have the option of electing to substitute, on a country-by-country basis, prospectively from the effective date of the Future Agreement, all of the Financial Terms for said country in the Future Agreement for all of the Financial Terms for said country in this Agreement. CooperVision may elect this substitution for any or all of the countries covered in the Future Agreement, even if the Future Agreement applies the same Financial Terms to all such countries. This option shall expire unless exercised by giving CIBA written notice within sixty (60) days after the date on which CooperVision first receives the Future Agreement pursuant to Section 11.01. The substitution right set forth in this Section 11.02 shall apply only to the Financial Terms of the Future Agreement; CooperVision shall have no right to substitute any other terms of the Future Agreement for any other terms of this Agreement.
Substitution Rights. Lessor acknowledges and consents to Sublessee’s rights to effect a Property Substitution under and in accordance with the Sublease. Lessor agrees to cooperate with Lessee and Sublessee and to perform such acts and execute such agreements and instruments as shall be necessary to effect a Property Substitution pursuant to the terms, provisions and procedures of the Sublease. As used herein, the term “Property Substitution” shall have the meaning ascribed thereto in the Sublease.
