Examples of Effective Date of the Termination in a sentence
For purposes of this Section 5.2, the "Effective Date of the Termination" shall mean the date on which a notice of termination is given or any later date (within thirty (30) days after the giving of such notice) agreed to by the Company, set forth in such notice of termination.
The Selling Agent Agreement is hereby terminated and of no further force or effect as of the Effective Date of the Termination Agreement, and no party shall have any prospective duty, right or obligation to the other party arising from the Selling Agent Agreement with the exception of any duty, right or obligation which arose prior to the Effective Date, including without limitation the obligation to pay commissions under the Selling Agent Agreement for transactions occurring prior to the Effective Date.
Similarly, all Second Expansion OBS Costs shall be paid in the same manner, 50% prior to Landlord commencing work and 50% on the Second Expansion Commencement Date.
If the Effective Date of the Termination is within 12 months following a Change in Control, as hereinafter defined, the “Severance Payment” means three (3) times the sum of: (i) the Executive’s Annual Salary (as in effect on the effective date of such termination) plus (ii) the average of the two previous Annual Bonuses received by the Executive pursuant to Section 3.2.
Termination of this CRADA will not affect the rights and obligations of the Parties accrued prior to the Effective Date of the Termination of this CRADA.
Program Costs Except as set forth herein, Company shall assume all Product costs arising and relating to the period that begins after the Effective Date of the Termination License Agreement.
If the Executive resigns without Good Reason (as such term is defined below) or the Company terminates his employment for Cause (as such term is defined below), in either case during the first twelve (12) months of his employment, the Executive will be required to repay 100% of such first installment of the Hiring Bonus no later than thirty (30) days following the Effective Date of the Termination set forth in Section 5.1(c) or 5.1(d) below, as applicable.
If not already provided, as promptly as reasonably practicable following the Effective Date of the Termination Agreement, Elpiscience shall provide to Inhibrx the documentation, in Chinese, including the underlying data, reports, protocols, supporting tables, figures and legends, that have been generated as part of the official closeout of the Phase 1 ES101 Study (the “Abbreviated Clinical Study Report”), and with IND supporting INBRX-105 (the “IND Data Package”).
Upon the Effective Date of the Termination, all non-qualified stock options previously granted to Koehrer pursuant to the Anacomp Inc.
For purposes of determining the Termination Fee herein, the term "Abboxx'x Xxx Sales" shall mean the [*] of the Products in the twelve (12) months preceding the Effective Date of the Termination to the extent such sales are equal to or less than [*] Dollars ($[*]) plus [*] percent ([*]%) of all sales of the Products during such period in excess of such amount.