License Transaction definition
Examples of License Transaction in a sentence
The Trademark License Transaction under the New Trademark License Framework Agreement constitutes a continuing connected transaction of the Company under the Hong Kong Listing Rules.
If AbbVie provides a Notice of Interest within such [***] day period, the Parties shall negotiate exclusively, reasonably and in good faith concerning the terms that shall apply to such Commercial License Transaction between Sionna and AbbVie for a period of [***] days (the “Negotiation Period”).
Chimera shall have no obligation to accept the offer originally submitted by GSK or to accept any further offer which may be presented by GSK during the period of bona fide negotiations, or to enter into any License Transaction with GSK, provided that, for a period of [***] after the period of bona fide negotiations Chimera shall not offer terms to a Third Party that are materially less favorable to Chimera than those last offered to GSK.
Pursuant to the Shanghai Listing Rules, the Trademark License Transaction is subject to the Independent Shareholders’ approval.
Each party represents and warrants that it has the legal power and authority to enter into this ▇▇▇▇, and that this ▇▇▇▇ and each License Transaction is entered into by an employee or agent of Licensee with all necessary authority to bind such party to the terms and conditions of this ▇▇▇▇.