Tasly definition
Examples of Tasly in a sentence
Any change to the composition of the Board shall be approved by at least Tasly and the Company.
The Term Sheet is hereby amended to include the following: The Company represents and warrants to the other Parties that to its knowledge and as of the effective date of the Term Sheet and the effective date of each of the relevant Transaction Documents, the License granted by the Company to the JV and the license granted by the JV to Tasly, are not and will not be subject to any applicable export laws and regulations promulgated or that are published in draft form for public review and comment.
In the event such offered shares are not acquired in full by the other existing shareholders of the JV, the shareholder proposing to transfer its shares may transfer the remaining offered shares to any person provided always that no transfers of shares may be made to any competitor of Tasly or of the JV.
For the avoidance of doubt, the definition of the completion of the Equity Transfer shall be subject to the ETA separately entered into by Tasly and the Company.
However, for the purpose of this Term Sheet only, the Company’s Affiliates shall not include the JV, the JV’s Affiliates, Tasly, and ▇▇▇▇▇’s Affiliates.
In the event the Senior Executives are unable, using good faith efforts, to resolve the matter within [*] following Sutro’s receipt of the Tasly Notice, the Parties will submit the matter to the “Expert” (defined below).
If Licensee does not object to the Escrow Agent making the Conditional Upfront Payment to Sutro out of the Conditional Upfront Payment Escrow Fund within the Objection Period, the Escrow Agent will pay such amount within [*] following (a) receipt of the Tasly Notice or (b) the expiration of the Objection Period if Licensee does not deliver the Tasly Notice within the Objection Period.
All costs and expenses incurred in relation to the preparation, drafting, negotiation and execution of this Agreement, including to but not limited to all external counsel costs incurred by JV, Tasly, or its and their Affiliate, shall be borne by PROFUSA.
Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to Collaborator, addressed to: Attention: ▇▇▇▇▇▇▇ ▇▇, Legal Counsel Address: Tasly Pharmaceutical Group Co., Ltd., Tasly TCM Garden, ▇▇.
Notwithstanding the foregoing, the deemed issuance price of each Series A-3 Preferred Share to be issued to Tasly or the Tasly Designee(s) upon the exercising of the option thereof shall be US$2.5434.