BSLF definition
Examples of BSLF in a sentence
The Partnership Agreement is --------------------------------------- hereby amended as reasonably necessary and as deemed required by the context to reflect that there are three Partners rather than two and that BSLF and C & D are, from and after the date hereof, co-managing general partners of the Partnership and that the unanimous consent of both of BSLF and C & D as co-managing general partners is necessary for the Partnership to take any action on behalf of the Partnership or the General Partner.
Prior to the execution and delivery of this Amendment, Semele and BSLF were the sole limited and general partners, respectively, of the Partnership (together, the "Old Partners"); and C.
Semele and BSLF have full right, power and authority to convey, contribute, transfer, assign and deliver the Semele Percentage Interest and BSLF Percentage Interest to RMLP, and upon the delivery at Closing of the deliveries and payments specified in Section 3.2, Semele and BSLF will have transferred to RMLP valid and full legal title to the Semele Percentage Interest and BSLF Percentage Interest free and clear of any liens, encumbrances, equities and adverse claims of any kind or nature.
The RMLP Indemnified Parties shall provide Semele and BSLF with reasonable access to their records and personnel relating to any such claim, assertion, event or proceeding during normal business hours and shall otherwise cooperate with Semele in the defense or settlement thereof, and Semele and BSLF shall reimburse the RMLP Indemnified Parties for all of their reasonable out-of-pocket expenses in connection therewith.
BSLF shall have no obligation to make further payments under the Litigation Funding Agreement for fees and costs incurred by BioCardia in the Litigation.
BioCardia shall make each such quarterly payment by check or wire transfer as directed by BSLF.
Contemporaneous with this agreement, BioCardia has also entered into a separate agreement with its outside counsel in the Litigation, K▇▇▇▇▇ Day A▇▇▇▇▇▇ L▇▇ T▇▇▇▇▇▇▇▇ & B▇▇▇▇▇▇ LLP (“K▇▇▇▇▇ Day”), whereby K▇▇▇▇▇ Day has agreed to remit to BSLF the sum of [* * *] in legal fees previously paid by BioCardia.
To the Knowledge of Semele or BSLF, the Project Budget contains reasonable estimates by the Limited Partnership of the costs for each of the items identified therein which have yet to be completed.
This Agreement may be terminated by Semele and BSLF or RMLP if any party or government agency shall institute any proceeding seeking to enjoin or prevent consummation of the transactions contemplated hereby or seeking any material amount of damages as a result thereof.
Promptly after any RMLP Indemnified Party becomes aware of Indemnity Claims such RMLP Indemnified Party shall deliver to Semele and BSLF, in the manner specified in this Agreement, a Claims Notice.