Predecessor Agreements definition
Examples of Predecessor Agreements in a sentence
The COC Agreement and any Predecessor Agreements are terminated effective February 27, 2017, on and after which date the Executive shall have no rights under any such agreement; provided, however, that the Executive’s obligations under Section 10 of the COC Agreement shall survive the termination of the COC Agreement.
The Company hereby acknowledges that (a) each Licensor exclusively owns all right, title and interest throughout the world (the “Territory”) in and to his or her respective Property (other than the Company Name Rights), which Property has intrinsic value, and (b) each Licensor otherwise reserves all rights to his or her respective Property except those specifically granted to the Company herein or in any other written agreement between such Licensor and Company (other than the Predecessor Agreements).
This Agreement constitutes the entire agreement among the parties hereto and supersedes and cancels the Predecessor Agreements, and any oral representations, warranties, or communications among any parties hereto regarding the transactions contemplated hereby and the subject matter hereof.
In the event of any conflict or inconsistency between the provisions of this Exclusivity Amendment and the provisions of the Pricing Agreement and Predecessor Agreements, the provisions of this Exclusivity Amendment shall be controlling.
Notwithstanding anything in this Restated Agreement to the contrary, any obligation of the Holders under any Predecessor Agreements to be "locked-up" or to agree to enter into a "lock-up agreement" in connection with an initial public offering by the Company of its Common Stock shall remain intact, and shall be unaffected by this Restated Agreement.
The parties acknowledge that no Security Holder shall have any rights under the Predecessor Agreements.
Each of the Security Holders acknowledges and represents that such Security Holder is not a party to, or the beneficiary of, any registration rights with respect to the Company's Common Stock, other than under the Predecessor Agreements and, upon the restatement of such Predecessor Agreements in accordance herewith, this Restated Agreement.
Licensor represents and warrants to the Company that, as of the date hereof and other than as set forth in the Predecessor Agreements, she has the power and authority to license the Property on the terms and conditions of this Agreement.
Following the Closing, the Buyer shall cause the Acquired Entities not to terminate, modify or otherwise waive any rights that any Acquired Entity may have with respect to indemnification under the Predecessor Agreements, in each case, without the prior consent of the Stockholders’ Representative, which consent shall not be unreasonably withheld.
Company acknowledge that this Agreement supersedes any other agreement between them concerning the subject matter hereof, including the Predecessor Agreements.