Specified Holders definition
Examples of Specified Holders in a sentence
The Company shall make available to the Specified Holders any information that may be legally required in the future in the context of the fight against money laundering pursuant to applicable Law affecting the Company or the Specified Holders.
The Company hereby agrees and acknowledges that each of RA Capital, Sectoral, RTW, Pivotal, SymBiosis, Longwood, MW XO Health Innovations Fund II, LP (“MW”), NEXTBio Master Fund LP (“NextBio”), BEIERSDORF AG (“Beiersdorf”) and the Specified Holders (together with each of their affiliates) is a professional investment fund, and as such invests in numerous portfolio companies, some of which may be deemed competitive with the Company’s business (as currently conducted or as currently propose to be conducted).
Consequently, the Company acknowledges and agrees that, provided that they act in good faith, the Specified Holders, their management company and/or their management delegates shall have the right, if required by applicable AML Laws, to refuse to perform any of their obligations under this Agreement, to the extent that it is not possible for them to do otherwise in order to comply with mandatory laws.
The Company further acknowledges and agrees that the Specified Holders, as well as their management company and/or their management delegates, are subject to the obligations of the laws of France and the Netherlands (as applicable) relating to the fight against money laundering and terrorism financing (“AML Laws”).