More Favorable definition

More Favorable means, with respect to a Third Party proposal for a License (including the terms and conditions set forth in the Third Party Term Sheet), compared to a License agreement with BMS under the terms and conditions set forth in the Last Alder Term Sheet, that the Third Party proposal taken as a whole is more favorable to Alder than such License with BMS, [***]. [***], or after BMS affirmatively declines to pursue a License or fails to timely notify Alder of BMS’ election to pursue a License. [***] = CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, IS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. Exhibit F Adverse Event Reporting Procedures Until An SDEA Can Be Signed Each Party shall notify the other Party as soon as practicable, but not later than [***] after it receives information about the initiation of any investigation, review or inquiry by any Regulatory Authority concerning the safety of a Product. Individual Case Safety Reports (ICSRs) and pregnancy reports which come to the attention of either Party shall be notified to the other Party, in English, in accordance with the time frames, formats, and method listed below. No source documents shall be exchanged. Each report shall be transmitted to the appropriate contact as set forth below.
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More Favorable means a purchase price that is less than ninety-five percent (95%) of the purchase price described in Landlord’s FMV. If Tenant fails to respond in writing to Landlord within the Forty-Five Day Period, then Tenant will be deemed to have sent to Landlord a Tenant Waiver Notice on the final day of such Forty-Five Day Period. If Tenant delivers a Tenant Waiver Notice to Landlord or is deemed to have sent a Tenant Waiver Notice to Landlord, but Landlord does not Sell the Project within one (1) year following Landlord’s receipt of the Tenant Waiver Notice (or deemed receipt of such notice), then prior to Selling the Project, Landlord shall again deliver to Tenant a Purchase Notice in accordance with the terms and provisions set forth above, and Tenant shall again have the right to either deliver a Tenant Acceptance Notice or a Tenant Waiver Notice with the Forty-Five Day Period as set forth above. Notwithstanding the foregoing to the contrary, in the event Tenant delivers or is deemed to have delivered a Tenant Waiver Notice to Landlord, and Landlord thereafter Sells the Project, then, as of the date that the sale is consummated, this Addendum Seven shall be deemed automatically terminated and null and void and of no further force and effect. Accordingly, this Addendum Seven (Right of First Offer to Purchase) shall not encumber or affect the title to any third party purchasing the Project. Tenant hereby agrees to sign any commercially reasonable affidavit or document required by the title company issuing a title policy in the sale to the third party in order for the title company to deliver a title policy clear of any reference to this Right of First Offer to Purchase.
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More Favorable means with respect to Section 2.9, that [***].
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Examples of More Favorable in a sentence

  • The so-called “enabling clause” of the GATT—called the “Decision on Differential and More Favorable Treatment, Reciprocity and Fuller Participation of Developing Countries” of 1979—enables developed country members to grant differential and more favorable treatment to developing countries that is not extended to other members.

  • Such writing shall include a verbatim statement of such More Favorable Provision.

  • Such More Favorable Provision shall be automatically incorporated by reference into this Agreement as if set forth fully herein, mutatis mutandis, effective as of the date when such More Favorable Provision became effective under such Third Lien Credit Agreement (each such More Favorable Provision as incorporated herein is herein referred to as an “Incorporated Provision”).

  • Thereupon, and in any event within thirty (30) days following the date of notice by Agent to the Company, Company and the Banks shall enter into an amendment to this Agreement incorporating, on terms and conditions acceptable to the Majority Banks, the More Favorable Terms.

  • No amendment, other modification, termination or expiration of any More Favorable Provision shall alter or otherwise affect such provision as incorporated herein, except that any modification which makes such provision become more favorable to the applicable lender shall be incorporated herein in addition to (and not in lieu of) the provisions which it replaces.

  • The Company shall (a) promptly notify the Supporting Holders of its entry into a More Favorable Agreement, including the identity of the other party to such More Favorable Agreement, and (b) promptly provide a copy of such More Favorable Agreement to the Supporting Holders.

  • The Parties and Signatory Parties to this Agreement, consistent with Article XXIV of the GATT 1994 and the Decision on Differential and More Favorable Treatment, Reciprocity and Xxxxxx Participation of Developing Countries of 1979, hereby establish a free trade area.

  • If the Majority Banks determine in their sole discretion that some or all of the financial covenants set forth in such agreement are more favorable to the lender thereunder than the financial covenants set forth in this Agreement ("More Favorable Terms") and that the Majority Banks desire that this Agreement be amended to incorporate the More Favorable Terms, then the Agent shall give written notice of such determination to the Company.

  • Unless waived in writing by the Required Holders within 15 days after each holder’s receipt of such notice, such More Favorable Covenant shall be deemed automatically incorporated by reference into Section 9 of this Agreement, mutatis mutandis, as if set forth in full herein, effective as of the date when such More Favorable Covenant shall have become effective under such Material Credit Facility.

  • Unless waived in writing by the Required Holders within 15 days after each holder’s receipt of such notice, such More Favorable Covenant shall be deemed automatically incorporated by reference into Section 10 of this Agreement, mutatis mutandis, as if set forth in full herein, effective as of the date when such More Favorable Covenant shall have become effective under such Material Credit Facility.


More Definitions of More Favorable

More Favorable means an effective rental rate (determined by blending all concessions on a straight line basis over the proposed term) that is more than four percent (4%) less than the effective rental rate identified in the First Refusal Notice. If Tenant does not so respond in writing to Landlord’s First Refusal Notice by the Election Date, Tenant shall be deemed to have elected the option described in clause (ii) above. Notwithstanding anything herein to the contrary, Tenant may only exercise its right of first refusal with respect to all of the space described in the First Refusal Notice, and not a portion thereof.
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Related to More Favorable

  • Real estate transaction or "transaction" means an actual or prospective transaction involving a purchase, sale, option, or exchange of any interest in real property or a business opportunity, or a lease or rental of real property. For purposes of this chapter, a prospective transaction does not exist until a written offer has been signed by at least one of the parties.

  • Material Related Party Transactions means any transaction/transactions to be entered into individually or taken together with previous transactions during a financial year exceeds 10% of the annual consolidated turnover of the Company as per the last audited financial statements of the Company.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Material Related Party Transaction means a transaction with a related party if the transaction / transactions to be entered into individually or taken together with previous transactions during a financial year, exceeds ten percent of the annual consolidated turnover of the company as per the last audited financial statements of the company.

  • Private transcript means a transcript, including but not limited to a deposition transcript that is paid for by a private party.

  • Significant Modification As defined in Section 3.25.

  • Material Modifications means any modifications to the material related party transactions which were approved by the Audit Committee or Shareholders during the year which will change the complete nature of the transaction and in case of monetary thresholds which is in excess of 10% of the originally approved transaction, in case of exigencies only.

  • Ordinary Course Transferees (i) with respect to goods only, buyers in the ordinary course of business and lessees in the ordinary course of business to the extent provided in Section 9-320(a) and 9-321 of the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction, (ii) with respect to general intangibles only, licensees in the ordinary course of business to the extent provided in Section 9-321 of the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction and (iii) any other Person who is entitled to take free of the Lien pursuant to the Uniform Commercial Code as in effect from time to time in the relevant jurisdiction.

  • Material Modification means any modification to an Interconnection Request that has a material adverse effect on the cost or timing of Interconnection Studies related to, or any Network Upgrades or Local Upgrades needed to accommodate, any Interconnection Request with a later Queue Position.

  • Related Party Agreements shall have the meaning set forth in Section 3.19 herein.

  • Partial Hospitalization means an outpatient program specifically designed for the diagnosis or active treatment of a serious mental disorder when there is a reasonable expectation for improvement or when it is necessary to maintain a patient’s functional level and prevent relapse or full hospitalization. Partial hospital programs are usually furnished by a hospital as distinct and organized intensive ambulatory treatment service of less than 24-hour daily care.

  • Material Change in Content means the occurrence since the Launch Date of a material change in the content, composition or constitution of the Futures Contract or the Commodity.

  • Related Party Agreement means any agreement, arrangement, or understanding between the Company and any Stockholder or any Affiliate of a Stockholder or any Director, officer, or employee of the Company, as such agreement may be amended, modified, supplemented, or restated in accordance with the terms of this Agreement.

  • Permitted Affiliate Transactions means the following:

  • Substantial modification means modification of a relevant source that results in a significant increase in emissions, excluding any change in emissions resulting from by-product recovery. It shall be a matter for the Party to decide whether a modification is substantial or not;

  • Affiliate Transactions has the meaning set forth in Section 5.31.

  • Alternate Transaction shall have the meaning assigned to such term in Section 6.7(iii) hereof.

  • Health status-related factor means any of the following factors:

  • Customary Recourse Exceptions means, with respect to any Non-Recourse Debt of an Unrestricted Subsidiary, exclusions from the exculpation provisions with respect to such Non-Recourse Debt for the voluntary bankruptcy of such Unrestricted Subsidiary, fraud, misapplication of cash, environmental claims, waste, willful destruction and other circumstances customarily excluded by lenders from exculpation provisions or included in separate indemnification agreements in non-recourse financings.

  • Burdensome Condition has the meaning set forth in Section 5.06(a).

  • Related Party Transactions has the meaning set forth in Section 3.21.

  • Disadvantageous Condition has the meaning set forth in Section 2.01(d).

  • Historically Disadvantaged Individual (HDI) means a South African citizen -

  • Disclosed Matters means the actions, suits and proceedings and the environmental matters disclosed in Schedule 3.06.

  • Threshold means with respect to Party B: infinity.

  • Affiliate Transaction has the meaning provided in Section 4.11.