AFN LLC definition
Examples of AFN LLC in a sentence
Astarte will use all commercially reasonable efforts to cause AFN LLC to enter into the Texas Instruments Agreement.
AFN LLC and Tellium shall have entered into the Option Agreements substantially in the form attached hereto as Exhibits H-1, H-2 ------------ --- and H-3 for the United States, European Patent Office, Japan and any other --- countries or regions designated and/or elected under the International Convention, including those countries and regions designated in International Application Number PCT/US99/12550.
As of the Closing, Astarte's assets will include its rights with respect to the Peripheral Patents, the Astarte Intellectual Property Rights (other than the Astarte Planar Array Rights which will be owned by AFN LLC at the Closing), the Astarte Third Party Intellectual Property Rights and the Cash Reserve Amount (collectively, the "Acquired Properties").
AFN LLC desires to enter into this Agreement for the purpose of undertaking the obligations set forth in Sections 6.2(u), 6.5 and 10.2(e).
Astarte shall have obtained the Valuation Report in a form and substance reasonably acceptable to Tellium and which Valuation Report sets a value of AFN LLC not to exceed $60,000,000 or, if the Valuation Report sets forth a range of values, the upper end of which does not exceed $60,000,000.
AFN LLC hereby covenants and agrees with Tellium and the Surviving Corporation that it shall take all action necessary after the Closing to discharge in a timely manner all delivery and other obligations of Astarte under the Astarte Pending Orders.
Astarte will use all commercially reasonable efforts to enter into and to cause AFN LLC to enter into the Corning Agreement.
AFN LLC shall have released Astarte from any guarantees or contingent liabilities in connection with any loans made by AFN LLC to holders of Astarte Options in connection with exercises of such Astarte Options.