SDJ definition
Examples of SDJ in a sentence
Fund I, Fund II, PMAH and PIHLP are each Delaware limited partnerships; Atlantic and Indian are each New York limited liability companies and SDJ is a Cayman Islands exempted company.
Toward such end, Tandon shall freely provide SDJ with all Technical Information or other know-how, trade secrets, inventions, data, technology and information acquired or developed by Tandon or its Affiliates, or which Tandon or its Affliates have the right to use or exploit, during the term of this Agreement relating to the Licensed Patents.
Effective as of April 21, 2014, SDJ resigned from any and all positions that SDJ held with respect to the Panache Parties, including, but not limited to, any position as a member, managing member, manager, officer, director and/or employee (the “SDJ Resignation”).
The Borrower, SDJ and Consilium hereby agree that in lieu of Consilium exercising remedies under the SDJ Pledge Agreement, the SDJ Shares shall be transferred to Consilium or its designee pursuant to the terms of the Stock Transfer Agreement, attached hereto as Exhibit A-3 (the “SDJ Stock Transfer Agreement”).
Notwithstanding the foregoing, Tandon shall not have any obligation hereunder to provide to SDJ or any SDJ Affiliate (i) any improvements, upgrades, updates, substitutions, modifications or enhancements to any of the Services unless otherwise specified in Schedule A or (ii) any Service to the extent that the need for such Service arises, directly or indirectly, from the acquisition by SDJ or any SDJ Affiliate, outside the ordinary course of business, of any assets of, or any equity interest in, any Person.
Concurrently herewith, the Borrower is making a payment to SDJ in the amount of $15,000 to facilitate continuing health insurance for SDJ and his family for the equivalent cost of 6-month’s COBRA coverage which amount shall be added to the Obligations on the Effective Date.
If any such priorities are established, Tandon shall advise SDJ as soon as possible of any Services that will be delayed as a result of such prioritization, and will use commercially reasonable efforts to minimize the duration and impact of such delays.
Tandon shall keep SDJ fully informed of all relevant information it becomes aware of concerning the Licensed Patents.
SDJ further confirms that prior to the execution of this Agreement, the stock certificate representing the SDJ Shares (the “Original SDJ Share Certificate”) was delivered to Consilium in accordance with the SDJ Pledge Agreement and Consilium hereby confirms that it holds such Original SDJ Share Certificate as of the date hereof.
SDJ has made two loans to Wodka in the aggregate original principal amount of $39,688 (the “SDJ Wodka Loans”).