Examples of Exclusive Channel Collaboration Agreement in a sentence
Exclusive Channel Collaboration Agreement by and between Oragenics, Inc.
In September 2014, we issued a 6% convertible promissory note to Intrexon Corporation in a principal amount of $10.0 million as partial consideration for the execution and delivery of our Exclusive Channel Collaboration Agreement with Intrexon Corporation.
Exclusive Channel Collaboration Agreement dated as of April 27, 2013 between the Company and Intrexon Corporation (incorporated by reference to Exhibit 10.1 of our current report on Form 8-K filed on May 1, 2013).
On September 30, 2014, the Company and Intrexon entered into an Exclusive Channel Collaboration Agreement (the “Channel Agreement”) for the generation of allogeneic chondrocyte cell therapeutics to repair damaged articular hyaline cartilage in humans.
Collaborative and Other Agreements – (continued)In March 2013, the Company entered into an Exclusive Channel Collaboration Agreement with Intrexon Corporation.
Concurrently with the execution of this Agreement, the Issuer and Intrexon are entering into the Third Amendment to the Exclusive Channel Partner Agreement and an Amendment to the Exclusive Channel Collaboration Agreement (collectively, the “ Amendments”).
Repayment of Intrexon Convertible NoteOn December 1, 2015, the Company issued to Intrexon 3,381,004 shares of the Company’s common stock in connection with the conversion of the Convertible Note and accrued interest previously issued by the Company to Intrexon on June 9, 2015 as partial consideration for the Technology Access Fee required by the Oral Mucositis Exclusive Channel Collaboration Agreement.
The increase of 111% is primarily the result of recording the fair value ($1.7 million) of the common stock issued to Intrexon as consideration for the Exclusive Channel Collaboration Agreement.
This is the opposite assumption to that underpinning the Department for Transport’s projections of greenhouse gas emissions from domestic transport which demonstrate clearly that for the trajectory to be consistent with the 6th carbon budget, there will need substantial travel mode shift by 2025.
Concurrently with the Preferred Stock Financing, the Company also entered into a Note Purchase Agreement with Intrexon Corporation (“Intrexon”) pursuant to which the Company issued a $2.4 million unsecured non-convertible promissory note to Intrexon (the “Intrexon Note”) and amended the first milestone in its oral mucositis Exclusive Channel Collaboration Agreement (“ECC”) with Intrexon.