Examples of Cadence Group in a sentence
Tality shall (and it shall cause its Subsidiaries to) reimburse Cadence for all additional costs and expenses incurred by Cadence or any other member of the Cadence Group in connection with the performance of its obligations under this Section 4.7.
No member of either the Cadence Group or the Tality Group shall have any liability to a member of the Tality Group or Cadence Group, respectively, in the event that any Information exchanged or provided pursuant to this Section 4.2 is found to be incomplete or inaccurate, in the absence of gross negligence or willful misconduct by the party providing such Information.
Cadence shall be satisfied in its sole discretion that the Cadence Group shall own voting securities of Tality having at least 80% of the voting rights of all Tality securities outstanding immediately following the IPO Closing Date.
For a period of one (1) year following the Separation Date, the Tality Parties agree (and shall cause their Subsidiaries) not to solicit or recruit or hire employees of any member of the Cadence Group, without the prior consent of Cadence's Senior Vice President of Human Resources (or his or her designee).
After the Separation Date, if subsidy payments received prior to the Separation Date by any member of the Cadence Group pursuant to the Service Contract or the RSA Grant must be refunded, the Cadence Group shall be responsible for contributing 95% of any such payments and the Tality Group shall contribute the remaining 5%.
If the transfer and assignment of any Intellectual Property Rights intended to be transferred or assigned hereunder is not consummated on the date hereof for any other reason, then the member of the Cadence Group retaining title to such Intellectual Property Rights shall thereafter hold the same for the use and benefit, insofar as reasonably possible, of the Partnership (at the expense of the Partnership).
A license to a particular member of the Tality Group or the Cadence Group granted pursuant to Section 3.1 or Section 3.2 shall terminate upon the date that such member ceases to be a Subsidiary of the Partnership or Cadence, as the case may be.
The right of a member of the Tality Group other than the Partnership or a member of the Cadence Group other than Cadence to exercise the rights licensed under Section 3.1 and Section 3.2, respectively, is subject to such member agreeing in writing to be bound by the terms and conditions hereof.
The member of the Cadence Group retaining Intellectual Property Rights shall not be obligated, in connection with the foregoing, to expend any money unless the necessary funds are advanced by the Partnership, other than reasonable out-of-pocket expenses, attorneys' fees and recording or similar fees, all of which shall be promptly reimbursed by the Partnership.
Cadence, on behalf of Holdings, hereby assigns, transfers, conveys and delivers to the Partnership, and agrees to cause each and every member of the Cadence Group to assign, transfer, convey and deliver to the Partnership, and the Partnership hereby accepts from Cadence, or the applicable member of the Cadence Group, all of the right, title and interest of Cadence, and the members of the Cadence Group, in and to the Tality Marks, together with all appurtenant goodwill relating thereto.