AFBS definition

AFBS shall have the meaning set forth in the Preamble hereof.
View Source
AFBS shall have the meaning set forth in the Preamble of this Agreement. “AFBS Indemnified Parties” shall have the meaning set forth in Section 5.2(a) “AFBS-Related Party” shall mean any “Affiliate” of AFBS or any predecessor in interest to AFBS (including but not limited to Therics, Inc.). “Affiliate” means, as applied to any Person, any other Person directly or indirectly controlling, controlled by or under common control with, that Person. For the purposes of this definition, “control” (including with correlative meanings, the terms “controlling”, “controlled by”, and “under common control with”) as applied to any Person, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of that Person, whether through ownership of voting securities or by contract or otherwise. “Agreement” means this Unit Purchase Agreement, including (unless the context otherwise requires) the Exhibits, the Schedules and the certificates and instruments delivered in connection herewith, or incorporated by reference, as the same may be amended or supplemented from time to time in accordance with the terms hereof. “Ancillary Agreements” shall mean, collectively, (a) the Transfer Agreement, (b) the IP Transfer Agreement, (c) the Operating Agreement, (d) the TS Operating Agreement, (e) the Sublease, and (f) the Payment Agreement. “Adjusted Annual License Maintenance Fee” means the reduced annual license maintenance fee of $40,000 due on June 30, 2005 set forth in that certain Patent License Agreement, dated as of June 1, 1994, by and between the Massachusetts Institute of Technology and Therics, Inc., as amended by the First through Eight Amendments thereto. “Assumed Contracts” shall have the meaning set forth in the Transfer Agreement. 20
View Source

Examples of AFBS in a sentence

  • Therics and AFBS hereby agree that irreparable damage would occur in the event any of the provisions of this Agreement were not performed in accordance with the terms hereof and that the parties shall be entitled to specific performance of the terms hereof, in addition to any other remedy at law or equity.

  • ACTRA acknowledges that payment to AFBS by the Corporation of royalties due to Performers under this Article, or payment to AFBS of concomitant insurance and retirement contributions, shall fulfil the Corporation’s responsibilities to the individual Performers and the AFBS.

  • Therics shall pay all transfer, sales, recording and similar Taxes arising in connection with the transactions contemplated hereunder, whether such Taxes are imposed on AFBS or Therics.

  • AFBS will hold in trust for Performers and for the AFBS all funds remitted by the Corporation to AFBS.

  • Permanent part-time employees shall be covered by the benefits negotiated between the WGC and the AFBS as outlined in Appendix “C”.

  • All of the Retained Liabilities and other liabilities of AFBS shall remain the sole responsibility of and shall be retained, paid, performed and discharged solely by AFBS.

  • Any accounts payable of AFBS or Therics which relate to the Contributed Assets and which are due for goods or services received by AFBS or Therics both before and after the Effective Time shall be prorated.

  • Therics does not and will not assume any Retained Liabilities or any other liability of AFBS.

  • There are no unpaid Taxes for which RRT is liable, the nonpayment of which is or could become a lien upon, or otherwise could adversely affect, the TS Interest or the use thereof or could cause AFBS to incur any liability.

  • Except as set forth in the Operating Agreement, no membership interests of Therics have been issued subject to a repurchase option, put or buy back agreement on the part of AFBS.

Related to AFBS