Appointment, Grant, Representations and Warranties Sample Clauses

Appointment, Grant, Representations and Warranties. 2.1 AstraZeneca hereby appoints and grants Prometheus, with effect from the First Sales Booking Date and during the remainder of the Term, the exclusive right to Promote the Product for the Approved Indication in the Territory under the Trademarks, and Prometheus hereby accepts such appointment and grant, subject to and in accordance with the terms and conditions of this Article 2 and the other terms and conditions of this Agreement. Unless otherwise agreed by AstraZeneca in writing in advance, Prometheus shall not have the right to Promote the Product through sub-distributors, contract sales organizations, subcontractors or other Third Parties (except through subsidiaries of Prometheus) and all members of the Product Sales Force shall be employees of Prometheus or a subsidiary of Prometheus; provided, however, that Prometheus may contract with contract sales organizations in accordance with the provisions of and limitations set forth in Section 2.8. On and after the First Sales Booking Date and during the remainder of the Term, AstraZeneca shall not and shall procure and ensure that its Affiliates do not, Promote the Product in the Territory except through Prometheus pursuant to this Agreement or grant any right or license to any other Person to do the same, subject to and in accordance with the terms and conditions of this Article 2 and the other terms and conditions of this Agreement. During the *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. period beginning on the Effective Date, Prometheus shall have the right to perform the following activities for the purpose of preparing to begin Promotion of the Product for the Approved Indication in the Territory on the First Sales Booking Date: training of the Product Sales Force, conducting market research, and developing Promotional Materials. Notwithstanding the foregoing or anything to the contrary in this Agreement, in the event that Prometheus fails to make any payment to AstraZeneca when due under this Agreement and fails to cure such payment default within [***] Business Days of AstraZeneca giving notice of default (a "Prometheus Payment Default") (provided, however, that failure to make a payment that is disputed in good faith by Prometheus, in accordance with the provisions of Section 13.3, shall be not be considered a Prometheus Payment Default while ...
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Related to Appointment, Grant, Representations and Warranties

  • Termination of Representations and Warranties The representations and warranties of the parties set forth in this Agreement shall terminate at the Effective Time.

  • Investment Representations and Warranties The Purchaser understands and agrees that the offering and sale of the Securities has not been registered under the Securities Act or any applicable state securities laws and is being made in reliance upon federal and state exemptions for transactions not involving a public offering which depend upon, among other things, the bona fide nature of the investment intent and the accuracy of the Purchaser’s representations as expressed herein.

  • Nature of Representations and Warranties The representations and warranties set forth in this Section 3.08, insofar as they involve conclusions of law, are made not on the basis that the Seller purports to be a legal expert or to be rendering legal advice, but rather to reflect the parties’ good faith understanding of the legal basis on which the parties are entering into this Agreement and the other Basic Documents and the basis on which the Holders are purchasing the Recovery Bonds, and to reflect the parties’ agreement that, if such understanding turns out to be incorrect or inaccurate, the Seller will be obligated to indemnify the Issuer and its permitted assigns (to the extent required by and in accordance with Section 5.01), and that the Issuer and its permitted assigns will be entitled to enforce any rights and remedies under the Basic Documents, on account of such inaccuracy to the same extent as if the Seller had breached any other representations or warranties hereunder.

  • Making of Representations and Warranties (a) As a material inducement to the Company to enter into this Agreement and to consummate the transactions contemplated hereby, Buyer hereby makes to the Company the representations and warranties contained in this Article IV, subject to the standards established by Section 9.1.

  • Client Representations and Warranties You represent that you have the full legal power and authority to enter into this Agreement and that the terms of this Agreement do not violate any obligation or duty to which you are bound, whether arising out of contract, operation of law, or otherwise. If you are an entity (e.g., corporation, partnership, limited liability company, or trust), this Agreement has been duly authorized by the appropriate corporate or other action and when so executed and delivered shall be binding in accordance with its terms. You agree to promptly deliver such corporate resolution or other action authorizing this Agreement at our request. You acknowledge that you have provided us with the information set forth on the “Client Profile” (Exhibit C) and represent that such information is a complete and accurate representation of your financial position and of your investment needs, goals, objectives, and risk tolerance at the time of entering into this Agreement and warrant that you will promptly inform us in writing if and when such information becomes incomplete or inaccurate during the term of this Agreement. You also agree to provide us with any other information and/or documentation that we may request in furtherance of this Agreement or related to your investment needs, goals, objectives, and risk tolerance for the Account, either directly from you or through your designated attorney, accountant, or other professional advisers. You acknowledge that we are authorized to rely upon any information received from such attorney, accountant, or other professional adviser and are not required to verify the accuracy of the information.

  • Reaffirmation of Representations and Warranties Each acceptance by it of an offer for the purchase of Notes, and each delivery of Notes to an Agent pursuant to a sale of Notes to such Agent as principal, shall be deemed to be an affirmation that the representations and warranties of the Corporation contained in this Agreement and in any certificate theretofore delivered to such Agent pursuant hereto are true and correct at the time of such acceptance or sale, as the case may be, and an undertaking that such representations and warranties will be true and correct at the time of delivery to the purchaser or his agent, or to such Agent, of the Note or Notes relating to such acceptance or sale, as the case may be, as though made at and as of each such time (and it is understood that such representations and warranties shall relate to the Registration Statement and Prospectus as amended and supplemented to each such time).

  • Expiration of Representations and Warranties All representations and warranties made pursuant to this Merger Agreement shall expire with, and be terminated and extinguished by, the mergers at the Closing Date.

  • Nonsurvival of Representations and Warranties None of the representations and warranties in this Agreement or in any instrument delivered pursuant to this Agreement shall survive the Effective Time. This Section 8.01 shall not limit any covenant or agreement of the parties which by its terms contemplates performance after the Effective Time.

  • Restatement of Representations and Warranties The Borrower hereby restates and renews each and every representation and warranty heretofore made by it in the Credit Agreement and the other Loan Documents as fully as if made on the date hereof, except to the extent that any representation or warranty related to an earlier specified date, and with specific reference to this Amendment and all other loan documents executed and/or delivered in connection herewith.

  • Additional Representations and Warranties The representations and warranties regarding creation, perfection and priority of security interests in the Receivables, which are attached to this Agreement as Exhibit C, are true and correct to the extent they are applicable.

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