Common use of Execution of Ancillary Agreements Clause in Contracts

Execution of Ancillary Agreements. As soon as possible after the date hereof, and in any event not later than the Closing Date, Patriot, TPL, ▇▇▇▇▇ and P-Newco shall enter into the following agreements, as the case may be: (a) Patriot and TPL shall enter into the Operating Agreement; (b) Patriot, TPL and P-Newco shall enter into the Commercialization Agreement; (c) Patriot and TPL shall enter into the Warrant and the Registration Rights Agreement; (d) Patriot, TPL and Premier Trust, Inc. as the Escrow Agent shall enter into the Escrow Agreement to facilitate the transactions contemplated hereby.

Appears in 1 contract

Sources: Master Agreement (Patriot Scientific Corp)

Execution of Ancillary Agreements. As soon as possible after the date hereof, and in any event not later than the Closing Date, Patriot, TPL, ▇▇▇▇▇ Moore and P-Newco shall enter into the following agreements, as the case th▇ ▇▇▇e may be: (a) Patriot and TPL shall enter into the Operating Agreement; (b) Patriot, TPL and P-Newco shall enter into the Commercialization Agreement; (c) Patriot and TPL shall enter into the Warrant and the Registration Rights Agreement; (d) Patriot, TPL and Premier Trust, Inc. as the Escrow Agent shall enter into the Escrow Agreement to facilitate the transactions contemplated hereby.

Appears in 1 contract

Sources: Master Agreement (Patriot Scientific Corp)