Lifecore definition

Lifecore means, collectively, Lifecore Inc. and Lifecore LLC.
Lifecore as defined in the preamble hereto.
Lifecore as defined in the preamble hereto. “Loan” means, as the context requires, an Initial Term Loan or a Multi-Draw Term Loan, together with any PIK Interest added to the outstanding principal amount of the Loans pursuant to Section 2.7(g), and any fee or other Obligations that are paid-in-kind pursuant to the terms of the Credit Documents by adding such amounts to the outstanding principal amount of the Loans. “Margin Stock” as defined in Regulation U. “Material Adverse Effect” means any material adverse effect on or material adverse developments with respect to (i) the business operations, properties, assets, condition (financial or otherwise) or prospects of Holdings and its Subsidiaries taken as a whole; (ii) the ability of any Credit Party to fully and timely perform its Obligations; (iii) the legality, validity, binding effect, or enforceability against any Credit Party of any Credit Document to which it is a party; (iv) the validity, perfection or priority of any Lien in favor of Collateral Agent, for the benefit of the Secured Parties, on the Collateral taken as a whole; or (v) the rights, remedies and benefits available to, or conferred upon, any Agent, any Lender or any other Secured Party under any Credit Document. “Material Contract” means any and all contracts or other arrangements to which Holdings or any of its Subsidiaries is a party (other than the Credit Documents) for which breach, nonperformance, cancellation or failure to renew could reasonably be expected to have a Material Adverse Effect, including those contracts and arrangements that are listed on Schedule 4.16. “Material Indebtedness” means (a) ABL Indebtedness, and (b) Indebtedness (other than the Obligations) of any Company or any of its Subsidiaries with an individual principal amount of $2,000,000 or more or, solely for purposes of Section 8.1(b), that, collectively with any other Indebtedness in respect of which any relevant default or other specified event has occurred, has an aggregate principal amount of $5,000,000 or more.

Examples of Lifecore in a sentence

  • The Board hereby, on a one-time basis, waives compliance with the notice deadline established in Section 2.5 of the Amended and Restated Bylaws of Lifecore Biomedical, Inc.

  • No amendment or modification of this Agreement shall be deemed effective unless made in writing and signed by Executive and Lifecore.

  • This provision with respect to injunctive relief shall not, however, diminish the right of Lifecore to claim and recover damages, or to seek and obtain any other relief available to it at law or in equity, in addition to injunctive relief.

  • Lifecore shall have the right to retain its own counsel, at its own expense.

  • During the term of this License Agreement, Lifecore will supply the Corgel Product described on Exhibit 2 (the “Corgel Product”) to ISB for ISB’s distribution and resale for research purposes in the Field.

  • Lifecore will, at the request and expense of ISB, cooperate and provide such reasonable assistance as ISB may request in any action described in this Section 5.2(b)(i).

  • ISB will comply with all trademark manuals and similar use guidelines provided by Lifecore with respect to the Licensed Trademark.

  • Any sublicenses granted by ISB under this Agreement shall upon termination or expiration of this Agreement, all sublicenses shall automatically terminate unless Lifecore agrees in writing to be bound to the sublicense agreement and the sublicensee is not then in breach of the sublicense agreement.

  • Except for providing such reasonable assistance, Lifecore will have no obligation to ISB regarding the legal actions described herein; provided that if required to enable ISB to initiate or continue such action, Lifecore will join such action at ISB’s request and expense.

  • Preceding any in human use of the Products and thereafter annually between January 1 and January 31 of each year, ISB will present evidence to Lifecore that the coverage is being maintained.


More Definitions of Lifecore

Lifecore means, collectively, Lifecore Inc. and Lifecore LLC. “Lifecore Inc.” has the meaning specified in the introductory paragraph hereto. “Lifecore LLC” means Lifecore Biomedical, LLC, a Minnesota limited liability company. “Line Reserve” means the sum of (a) the Rent and Charges Reserve; (b) the Credit Product Reserve; (c) the aggregate amount of liabilities at any time secured by Liens upon Collateral that are senior to the Administrative Agent’s Liens (other than, for avoidance of doubt, the Term Loan Liens on the Term Loan Priority Collateral subject to the Term Loan Intercreditor Agreement); (d) sums that any Loan Party may be required to pay under any Section of this Agreement or any other Loan Document (including taxes, assessments, insurance premiums, or, in the
Lifecore means, collectively, Lifecore Inc. and Lifecore LLC. “Lifecore Inc.” has the meaning specified in the introductory paragraph hereto. “Lifecore LLC” means Lifecore Biomedical, LLC, a Minnesota limited liability company. “Line Reserve” means the sum of (a) the Rent and Charges Reserve; (b) the Credit Product Reserve; (c) the aggregate amount of liabilities at any time secured by Liens upon Collateral that are senior to the Administrative Agent’s Liens (other than, for avoidance of doubt, the Term Loan Liens on the Term Loan Priority Collateral subject to the Term Loan Intercreditor Agreement); (d) sums that any Loan Party may be required to pay under any Section of this Agreement or any other Loan Document (including taxes, assessments, insurance premiums, or, in the case of leased assets, rents or other amounts payable under such leases) and has failed to pay; and (e) amounts for which claims may be reasonably expected to be asserted against the Collateral, the Administrative Agent or the Lenders. “Loan” means an extension of credit under Article II in the form of a Revolving Credit Loan, a Protective Advance or a Swing Line Loan. “Loan Account” has the meaning assigned to such term in Section 2.11(a). “Loan Documents” means this Agreement, each Note, each Security Instrument, each Committed Loan Notice, Swing Line Loan Notice, each Issuer Document, each Borrowing Base Certificate, each Compliance Certificate, the Term Loan Intercreditor Agreement, each Subordination Agreement, the Fee Letters, any agreement creating or perfecting rights in Cash Collateral securing any Obligation hereunder and all other instruments and documents heretofore or hereafter executed or delivered to or in favor of any Lender or the Administrative Agent in connection with the Loans made and transactions contemplated by this Agreement, excluding, for the avoidance of doubt, Credit Product Arrangements. 44
Lifecore means Lifecore Biomedical, Inc.