PRINCIPAL TERMS OF THE TERM SHEET Sample Clauses

PRINCIPAL TERMS OF THE TERM SHEET. Collaboration and License NeuPharma will grant the Company the exclusive rights to the Licensed Product under the relevant licensed patents and know- how, i.e. all necessary or reasonably useful inventions, data, information, methods, procedures, processes and materials, with the right to grant sublicense, to research, develop, manufacture, commercialize, make, have made, use, import, offer for sale and sell the Licensed Product in the Licensed Territory. Payments and Royalties The Company shall pay NeuPharma: • upfront payment of an aggregate of RMB97.5 million upon completion of documentation and technical transfer in respect of the Licensed Product; • regulatory and commercial sales milestone payments of no more than RMB1.0775 billion in aggregate based on various development and commercial sales milestones of the Licensed Product; and • the royalties of 8% to 12% of the annual net sales, which depends on the level of annual net sales of the Licensed Product in the Licensed Territory. Plan of entering into the Definitive agreement The parties to the transaction agree to execute the definitive licensing agreement within 30 days.
AutoNDA by SimpleDocs
PRINCIPAL TERMS OF THE TERM SHEET. 7.1 According to the Term Sheet:

Related to PRINCIPAL TERMS OF THE TERM SHEET

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • CONTRACT TERMS AND CONDITIONS This section sets forth the terms and conditions of the Contract.

  • MODIFICATION OF CONTRACT TERMS The terms and conditions set forth in the Contract shall govern all transactions by Authorized User(s) under this Contract. The Contract may only be modified or amended upon mutual written agreement of the Commissioner and Contractor. The Contractor may, however, offer Authorized User(s) more advantageous pricing, payment, or other terms and conditions than those set forth in the Contract. In such event, a copy of such terms shall be furnished to the Authorized User(s) and Commissioner by the Contractor at the time of such offer. Other than where such terms are more advantageous for the Authorized User(s) than those set forth in the Contract, no alteration or modification of the terms of the Contract, including substitution of Product, shall be valid or binding against Authorized User(s) unless authorized by the Commissioner or specified in the Contract Award Notification. No such alteration or modification shall be made by unilaterally affixing such terms to Product upon delivery (including, but not limited to, attachment or inclusion of standard pre-printed order forms, product literature, “shrink wrap” terms accompanying software upon delivery, or other documents) or by incorporating such terms onto order forms, purchase orders or other documents forwarded by the Contractor for payment, notwithstanding Authorized User’s subsequent acceptance of Product, or that Authorized User has subsequently processed such document for approval or payment.

  • Special Terms and Conditions It is the intent of TIPS to award to reliable, high performance vendors to supply products and services to government and educational agencies. It is the experience of TIPS that the following procedures provide TIPS, the Vendor, and the participating agency the necessary support to facilitate a mutually beneficial relationship. The specific procedures will be negotiated with the successful vendor.

  • Amendment of Terms and Conditions 39.1 We may, by notice in writing, supplement, vary and/or modify the terms of this Agreement at any time and such supplement, variation and/or modification shall take effect from the date specified by us in the notice (which shall be binding upon receipt or deemed receipt by you). Such notice may be given to you through, or by publication of the supplement, variation and/or modification on, our website at xxx.xxx.xxx.xx.

  • Changes to the Terms and Conditions We may update or amend these terms and conditions (including our Fees & Limits Schedule). Notice of any changes will be given on our website, or by e-mail notification, or by SMS at least 2 months in advance. By continuing to use the Payment Services after the expiry of the 2-month notice period you acknowledge that you indicate your acceptance to be bound by the updated or amended terms and conditions. If you do not wish to be bound by them, you should stop using the Payment Services and terminate this Agreement in accordance with Clause 10 before the changes take effect.

  • ADDITIONAL TERMS & CONDITIONS Acknowledged and Agreed: By: /s/ Xxxxxxxxxxx X. Xxxxx By: /s/ Xxxxxxx Xxxxxxx RSE Archive, LLC SELLER Name:Xxxxxxxxxxx X. Xxxxx Name: Xxxxxxx Xxxxxxx Title: Chief Executive Officer Title: Principal

  • Additional Terms and Conditions This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • Agreement Terms and Conditions 2.01 This Agreement is for a space in the JCU housing system, and covers the entire academic year (both Fall and Spring semesters), or any portion of the academic year remaining at the time this Agreement is signed. Residence in JCU residence halls requires participation in JCU’s residential dining program. The Student will be assessed all fees for the agreement term if the Student enrolls but does not occupy the assigned space and does not have approval of this Agreement cancelled in writing pursuant to 14.04.

Time is Money Join Law Insider Premium to draft better contracts faster.