THM definition
Examples of THM in a sentence
THM right hereunder shall lapse and be of no further force and effect, in the event that THM fails to timely respond to VBL Notice, indicates that it is not interested in the Patent Rights or otherwise the parties fail to reach an agreement as aforesaid during the 90 day period.
VBL shall pay THM 2% (two percent) of any License Fee received by VBL (the “Licensing Consideration”).
The parties further agree that such agreement shall provide VBL with payments similar to those set forth in clause 4 and that any such agreement shall be subject to any limitations and restrictions imposed by applicable third parties, including without limitation, the Office of the Chief Scientist and shall be subject to the assumption by THM of any repayment obligations thereto.
The Company shall not use the names of the State Of Israel, Hospital, the Fund and/or THM and/or their employees, representatives, agents and contractors in any manner or in any publication including commercial publicity, without the prior written consent of THM.
The existence of rent arrears or poor tenancy histories in previous public (including THM) or private rental housing is not a barrier to access.
THM shall keep full and correct books of account, enabling the Project Funds to be calculated and monitored separately.
Notwithstanding the aforementioned, THM shall be entitled to assign the right to receive payments under this Agreement to any association and/or organization and or company that was established in connection with or for the benefit of the Hospital.
The Company shall verify that the License includes terms that will allow the disclosure of the material terms thereof to THM or to a third party to be designated by THM, and shall comply with such terms.
Notwithstanding the aforementioned, THM shall be entitled to assign it’s rights and obligations hereunder to any legal entity which was established in connection with or for the benefit of the Hospital.
During the second year of the Research Period, GammaCan shall pay THM the amount of four hundred and fifty thousand U.S. dollars (US$450,000) + V.A.T to be paid in equal quarterly installments.