Acquired Assets definition
Examples of Acquired Assets in a sentence
All such insurance policies are in full effect, no written notice of cancellation has been received by ▇▇▇▇▇▇ under such policies, and there is no existing default or event which, with the giving of notice or lapse of time or both, would reasonably be expected to be material to the Acquired Assets taken as a whole.
Section 10.2.7(a) of the Omeros Disclosure Schedule sets forth a true, complete, and accurate list of all Regulatory Approvals included within the Governmental Authorizations included in the Acquired Assets.
The rights and remedies of Novo Nordisk in respect of the representations and warranties made by Omeros in this Agreement or the other Ancillary Agreements will not be affected by any investigation made by or on behalf of Novo Nordisk into the Acquired Assets, the Assumed Liabilities, the Program, the Compounds, or the Products.
As a one-time payment for the acquisition of the Acquired Assets and the rights licensed to Novo Nordisk under Section 5.1 (Licenses to Novo Nordisk), Novo Nordisk will pay Omeros a one-time up-front fee of $240,000,000 less the Creditor Lien Release Amount (the “Upfront Fee”) in accordance with Section 3.2 (Payment of Consideration).
Omeros and its Affiliates are operating in material compliance with all such Governmental Authorizations included in the Acquired Assets.