ZMC definition
Examples of ZMC in a sentence
ZMC shall remain fully liable for any acts or omissions of such Affiliates.
During clinical trials of Licensed Product, ZMC shall, at its sole cost and expense, procure and maintain commercial general liability insurance in such equal or lesser amount as AMBRX shall require, naming AMBRX as additional insured.
Such invoice reimbursable by ZMC shall be payable within thirty (30) days after ZMC receives such invoice.
Should AMBRX elect to bring suit against an infringer and ZMC is joined as party plaintiff in any such suit, AMBRX shall have the right to select the counsel to represent AMBRX and ZMC unless otherwise conflicted out.
If such accounting firm identifies a discrepancy made during such period, the appropriate Party shall pay the other Party the amount of the discrepancy within thirty (30) days of the date AMBRX delivers to ZMC such accounting firm’s written report so concluding, or as otherwise agreed upon by the Parties.
ZMC shall not compromise or settle such litigation without the prior written consent of AMBRX, which consent shall not be unreasonably withheld or delayed.
ZMC shall not unreasonably restrict the accounting firm’s access to premises of ZMC during normal business hours.
ZMC shall pay AMBRX in an amount of [***] for the two AMBRX FTEs at the beginning of each Calendar Quarter during the three years period following the Effective Date and any additional amount quarterly if more FTEs from AMBRX are requested and approved pursuant to Section 5.2.
All applicable terms and provisions of this Agreement shall apply to any such Affiliate to which this Agreement has been extended to the same extent as such terms and provisions apply to ZMC.
ZMC shall make reasonable effort to perfect such transfer, assignment or exclusive license under this section.