Purchased Rights the meaning set forth in Section 1.
Purchased Rights means: (i) the right to receive [*]% of all Direct Sales Revenue; (ii) the right to receive [*]% of all Fees and Income; (iii) the granting and issuance to the Fund of the $.70 Warrants and the $.875 Warrants; (iv) the Conversion Right; and (v) the registration rights to be granted to the Fund by Apollo pursuant to the Registration Rights Agreement to be entered into pursuant to Section 9.1(e). "PURCHASE PRICE" has the meaning set forth in Section 2.1; "REGISTRATION" with respect to any Product means the obtaining of all approvals and authorizations under Applicable Law to legally manufacture, package, and Distribute the relevant Product to end users for therapeutic purposes and "REGISTERED" shall have a corresponding meaning; "ROYALTIES" means the dollar amounts payable by Apollo to the Fund pursuant to item (i) and (ii) of the Purchased Rights; * Confidential treatment has been requested for marked portion.
Purchased Rights means the right to receive one hundred percent (100%) of (i) all milestone payments paid, owed, or otherwise payable by Eisai under Section 8.2 of the Transaction Agreement on or after the date of this Agreement, (ii) all royalties paid, owed or otherwise payable by Eisai under Section 8.3 of the Transaction Agreement on or after the date of this Agreement, (iii) all amounts paid, owed or otherwise payable by Eisai under Section 8.5 of the Transaction Agreement on or after the date of this Agreement, (iv) all amounts paid, owed or otherwise payable by Eisai pursuant to Section 8.7 of the Transaction Agreement (other than amounts for audit costs) with respect to such milestone payments and/or royalties, (v) all interest paid, owed or otherwise payable by Eisai pursuant to Section 8.8 of the Transaction Agreement with respect to such milestone payments and/or royalties, and (vi) all amounts equal to the royalty payable under Section 8.3 of the Transaction Agreement with respect to all proceeds (including any damages, monetary awards or other amounts recovered, whether by judgment or settlement) deemed Net Sales pursuant to Section 10.3(d) of the Transaction Agreement.
Examples of Purchased Rights in a sentence
This Agreement shall inure to the benefit of and be binding upon the Parties and their respective successors and permitted assigns; provided, however, that, except for the Purchased Rights, no Party may assign its rights or obligations under this Agreement without the written consent of the other Party, which consent shall not be unreasonably withheld or delayed, and any assignment not in accordance with the terms hereof shall be null and void ab initio.
The ordinary registration costs in connection with the transfer of the Products and the Purchased Rights to CMS shall be borne by CMS.
Upon request by CMS, DKSHI shall deliver to CMS, free of charge, all such additional documentation, materials and information, and provide to CMS support which CMS may reasonably request in order to enable it to arrange for the transfer the Products and the Purchased Rights and to solve regulatory issues in connection with such transfer in the Territory and to comply with the applicable legal requirements.
More Definitions of Purchased Rights
Purchased Rights. Except as set forth in Schedule 8.11,
Purchased Rights has the meaning ascribed to it in the definition of “LB Capital Agreements” above.
Purchased Rights but only if, in the aggregate, all of the Delinquent Lender's rights with respect to outstanding Revolving Credit Loans anx Xxxxitments are acquired hereunder by one or more non-delinquent Lender(s). Upon any such purchase of the pro rata share of any Delinquent Lender's Purchased Rights, the Delinquent Lender's rights with respect to outstanding Revolving Credit Loans, Commitment, share in future Revolving Credit Loans, and rights under the Loan Documents with respect thereto shall terminate on the day of purchase (other than indemnification rights that survive termination of the Commitments under Section 13.2 hereof and rights to receive accrued but unpaid interest and fees through the date of purchase), and the Delinquent Lender shall promptly execute all documents reasonably requested to surrender and transfer such interests (other than indemnification rights that survive termination of the Commitments under Section 13.2 hereof and rights to receive accrued but unpaid interest and fees through the date of purchase), including, if so requested, a Notice of Assignment (provided that the assignment fee in connection with such Notice of Assignment shall not be charged).
Purchased Rights. The sum of the Mandatory Period Purchased Rights and the Voluntary Period Purchased Rights purchased by the Hedging Party during the Rights Acquisition Period. Rights Acquisition Period: The period beginning on, and including, the first day of the Mandatory Period and ending on, and including, the last day of the Voluntary Period. Mandatory Period Purchased Rights: Rights purchased by the Hedging Party during the Mandatory Period in connection with establishing Initial Hedge Positions in respect of the Transaction, as determined by the Calculation Agent. Voluntary Period Purchased Rights: Rights purchased by the Hedging Party during the Voluntary Period in connection with establishing Initial Hedge Positions in respect of the Transaction, as determined by the Calculation Agent.
Purchased Rights has the meaning set forth in Section 5.6.
Purchased Rights means, the right to receive the applicable Specified Percentage of Carried Interest.
Purchased Rights shall have the meaning ascribed thereto in Section 2.1(a).