JBI definition
Examples of JBI in a sentence
For the purposes of this 3.2.3, the JBI Share Price shall equal the weighted average share price in the six months prior to the termination.
For these purposes, the JBI Share Price shall be the weighted average share price in the month prior to the annual bonus date.
JBI shall incur no liability to Scholar Rock as a consequence of such litigation or any unfavorable decision resulting therefrom, including any decision holding any Collaboration Patent invalid or unenforceable.
If JBI fails to pay a sum payable by it under this Agreement within [*] business days after the due date for payment, JBI shall pay interest on such sum for the period from and including the due date up to the date of actual payment at the rate that is [*].
If JBI makes a claim with respect to the foregoing, it will comply with the obligations imposed by 10.2 above as if JBI had withheld taxes from a payment to Aduro.
Each of the Stockholders acknowledges and agrees that in the event of any breach of this Agreement, JBI would be irreparably and immediately harmed and could not be made whole by monetary damages.
Such Stockholder understands and acknowledges that JBI is entering into the Merger Agreement in reliance upon such Stockholder’s execution, delivery and performance of this Agreement.
The designated management for JBI is the head of oncology research and development and/or commercialization (as applicable) and for Aduro is the CEO.
If requested by JBI, Aduro shall apply for and use its reasonable efforts to obtain such an extension or, should the law require JBI or one of its Sublicensees hereunder to so apply, Aduro hereby gives permission to JBI to do so (in which case Aduro agrees to cooperate with JBI or its Sublicensee, as applicable, in the exercise of such authorization and shall execute such documents and take such additional action as JBI may reasonably request in connection therewith).
Aduro shall give JBI prompt written notice of any such Aduro Intellectual Property.