PCNT definition
Examples of PCNT in a sentence
Z▇▇▇ shall inform PCNT in writing immediately if it or any Person who is performing services hereunder is debarred or is the subject of a conviction described in Section 306 or if any action, suit, claim, investigation or legal or administrative proceeding is pending or, to the best of Z▇▇▇’s knowledge, is threatened, relating to the debarment or conviction of Z▇▇▇ or any Person performing services on behalf of ZEUS hereunder.
PCNT confirms and agrees that the Product will only be sublicensed or exported to the Territory.
With respect to any such Sublicense, PCNT shall ensure that the agreement pursuant to which it grants such Sublicense (i) does not conflict with the terms and conditions of this Agreement and (ii) contains terms obligating the Sublicensee to comply with confidentiality and non-use provisions consistent with those set forth in this Agreement.
Furthermore, PCNT may only Actively Promote Product for the Field of Use.
In consideration for all of the shares of the Subsidiary, the Subsidiary, Assignee shall turn in the Assignee Shares for cancellation to PCNT par value $0.001 per share which represents the entirety of the authorized Common Stock of Assignee.
Subject to the terms and conditions of this Agreement, effective on the date hereof, PCNT hereby transfers and assigns to DRG all duties and obligations of PCNT under the Assumed Liabilities, and DRG agrees to assume such duties and obligations thereunder and be bound to the terms of the Assumed Liabilities.
As Elsalhya has agreed to reinstate PCNT in Nevada and to update PCNT’s public filings, Yafe agrees not to seek to bring a renewed custodial action for a reasonable period of time.
As of the date hereof, G▇▇▇▇▇▇▇ hereby assumes and agrees to pay, perform and discharge, fully and completely, all liabilities, commitments, contracts, agreements, obligations or other claims against PCNT, whether known or unknown, asserted or unasserted, accrued or unaccrued, absolute or contingent, liquidated or unliquidated, due or to become due, and whether contractual, statutory, or otherwise associated with the business of PCNT and the Assumed Liabilities prior to April 15, 2021, and the Subsidiary.
Furthermore, in the event CEDOGA ceases to exist CEDOGA will enable transfer of intellectual property for the product to PCNT to enable PCNT to be an independent legal manufacturer of the product.
This Agreement of Conveyance, Transfer and Assignment (the “Agreement”) is made as of March 23, 2022 by and among POINT OF CARE NANO-TECHNOLOGY, INC., a Nevada corporation (“PCNT”), DRG TRANSFER, INC., a Nevada corporation and wholly owned subsidiary of PCNT (“DRG”), and D▇.