Beroni definition
Examples of Beroni in a sentence
Beroni is satisfied, at its sole discretion, with the Initial Project Budget.
Tianjin Beroni Biotechnology Co., Limited (“Tianjin Beroni” or the “Company”) is an international biotechnology enterprise that integrates research and development, production and sales.
NSi and each Creator Shareholder grants Beroni (or its nominee) an option to purchase such number of the Shares held by NSi and the Creator Shareholders (on a pro rata basis to be determined by NSi) as constitutes 11% of the share capital of the Company for $5,500,000 (Call Option).
Executed by Beroni Group Limited ACN 161 622 402 in accordance with section 127 of the Corporations Act by or in the presence of: (Signature of Director) (Signature of Director or Secretary) (Name Director in full) (Name of Director or Secretary in full) Executed by Dendrix Inc.
Prior to making any sale or transfer of Shares, the disposing Shareholder must deliver a proposed transfer notice (Transfer Notice) to NSi or Beroni (as the case may be) or their respective assignees not later than 60 days prior to finalising such sale or transfer.
The disposing Shareholder must deliver a proposed transfer notice (Transfer Notice) to Beroni or its respective assignees within 10 days if NSi’s failure to exercise the NSi First Right of Refusal, and in any case not later than 30 days prior to finalising such sale or transfer.
In the meantime, Party B shall issue VAT invoice to Party A; plain VAT invoice special VAT invoice electronic plain VAT invoice Account Name: Tianjin Beroni Biotechnology Co., Ltd.
If NSi commercialises the Assigned IP it will pay to Beroni a percentage share of net commercialisation revenue which NSi actual receives, which is attributable to the Assigned IP and which will be equal to the percentage of fully paid equity that Beroni held in the Company at its winding up.
If NSi fails to exercise the NSi First Right of Refusal in relation to Creator Shareholder-held Shares in accordance with this item 2, the disposing Creator Shareholder then grants Beroni a right of refusal to purchase all or any portion of the Shares that the Creator Shareholder proposes to sell or transfer, at the same price and on the same commercial and arm’s length terms and conditions no less favourable than those offered to the prospective transferee (Beroni Second Right of Refusal).
Each Creator Shareholder and Beroni unconditionally and irrevocably grants to NSi a first right of refusal to purchase all or any portion of the Shares that the disposing Shareholder proposes to sell or transfer, at the same price and on the same commercial and arm’s length terms and conditions no less favourable than those offered to the prospective transferee (NSi First Right of Refusal).