Alpha Contract definition
Examples of Alpha Contract in a sentence
Such Seller and Serologicals (in respect of the Alpha Contract) have not received any notice of an event of default or occurrence, condition or act on the part of such Seller or Serologicals (in respect of the Alpha Contract) or on the part of the other party to such Contracts which constitutes or would constitute (with notice or lapse of time or both) a breach under, or cause or permit acceleration of, any obligation of such Seller.
Such Seller and Serologicals (in respect of the Alpha Contract) have not received notice of cancellation of or intent to cancel, or notice to make a material modification or intent to make a material modification in, any of the Contracts.
On October 28, 1992, the Company entered into an agreement ("Alpha Contract") with Alpha Therapeutics Corporation ("Alpha"), pursuant to which Alpha licensed the LYM-1 antibody technology for the United States, Canada, Mexico, Central America, South America, Asia, the United Kingdom, Spain, Italy and Germany (the United Kingdom, Spain, Italy and Germany are collectively referred to herein as the "European Countries") (all of the above are collectively referred to herein as the "Alpha Territory").
Serologicals covenants and agrees, from the date hereof until the Closing Date (unless terminated earlier pursuant hereto or unless consented to in writing by Buyer (which consent shall not be unreasonably withheld)), to not permit the amendment or termination of the Alpha Contract.
Subject to Article XI, Sellers will retain all of the Retained Liabilities and Serologicals will retain all of the Retained Liabilities which relate solely to the Alpha Contract.
Except as set forth on Schedule 4.9, no consent of any other party to any of the Contracts is required in connection with the execution, delivery and performance of this Agreement by such Seller or Serologicals (in respect of the Alpha Contract).
The Alpha Contract provides that the license is exclusive for the Alpha Territory.