MBX definition
Examples of MBX in a sentence
The right to demand and receive the interest provided hereunder shall be in addition to any other rights available to MBX hereunder or at law.
During the Supplemental Royalty Term, ADM Sub will pay to MBX a royalty equal to * on all sales or other conveyances of PHA Supplemental Know-How Material (including, without limitation, PHA Material that is contained within PHA Formulations), on a one hundred percent (100%) purity basis.
ADM Sub shall not enter into any merger, acquisition or similar transaction without the prior, written consent of MBX.
ADM Sub shall maintain records with respect to the sale or conveyance of PHA Material under this license in sufficient detail to enable MBX to verify the accuracy of the royalty payments made hereunder by ADM Sub.
ADM Sub may terminate this license at any time without any further obligation by providing MBX with written notice thereof.
The merger or acquisition of MBX by, with or into a third party shall not be deemed to effect an assignment of this Agreement by MBX and this Agreement shall be binding upon and inure to the benefit of such third party, or new entity, in the case of a merger or similar transaction in which MBX does not continue as the same corporate entity and shall continue to bind and inure to the benefit of MBX in the case of an acquisition or similar transaction in which MBX survives as the same corporate entity.
MBX will use reasonable efforts to implement any Pilot Sourcing Proposal approved by the Steering Committee.
MBX also shall be responsible for hiring sufficient security personnel to provide adequate security for the Facilities and students during the hours MBX is using the Facilities.
The salaries and other expenses of such personnel shall be borne by MBX.
District and MBX (the "Parties") desire to enter into a mutually beneficial arrangement for MBX's use of the District "Facilities," as described in Section 1.1, below, to operate MBX's educational and physical fitness programs.