RPRP Obligations Sample Clauses

The RPRP Obligations clause defines the specific duties and responsibilities that the party referred to as RPRP must fulfill under the agreement. Typically, this clause outlines the actions, deliverables, or standards of performance expected from RPRP, such as providing certain services, meeting deadlines, or maintaining compliance with applicable laws. By clearly delineating these obligations, the clause ensures both parties understand what is required from RPRP, thereby reducing ambiguity and helping to prevent disputes over performance or expectations.
RPRP Obligations. RPRP shall be solely responsible for the payment of any royalties, license fees and milestone or other payments due to third parties under licenses or similar agreements necessary to allow the manufacture, use or sale of any Collaboration Product worldwide, except as set forth in 9.3 below and except for royalties due as a result of sales of Collaboration Products in the Co-Exclusive Territory or the Undesignated Territory by Introgen, its Affiliates or Sublicensees (other than RPRP). RPRP's responsibilities hereunder shall include the reimbursement of Introgen for royalties owed by Introgen on sales of Collaboration Products pursuant to that certain Patent and Technology License Agreement executed as of April 21, 1994, between Introgen and the Board of Regents of the University of Texas System (the "UT Agreement"). It is understood that Introgen intends to have in effect a subsequent Patent and Technology License Agreement with the University of Texas, dated as of July 20, 1994 (the "Restated UT Agreement"), which will supersede the existing UT Agreement, and that when the Restated UT Agreement becomes effective, the reference in the preceding sentence to the Patent and Technology Agreement shall mean the Restated UT Agreement. In the event that Introgen enters into any other license or agreement during the term of this Agreement for which royalties, license fees or milestone or other payments would be due with respect to a Collaboration Product, RPRP shall not be obligated to pay any amounts due with respect to such license or agreement unless RPRP approves such agreement or license and agrees to pay the same to the extent such relates to the commercialization of Collaboration Products by RPRP, its Affiliates and permitted Sublicensees. If RPRP does not so approve any such license or agreement [*] Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions.
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Related to RPRP Obligations

  • ▇▇▇▇▇ OBLIGATIONS A ▇▇▇▇▇▇▇'s acceptance of funds directly under the Grant or indirectly through a subaward acts as acceptance of the authority of the State, under the direction of the legislative audit committee, to conduct an audit or investigation in connection with those funds. In accordance with the legislative audit committee, DFPS can request any documentation, at any time, to be sent to DFPS to a location DFPS chooses. Examples of documentation that DFPS may request include, but are not limited to: 1. Participant files in their entirety. This includes, but is not limited to: a. Progress notes. b. Action plans. c. Registration forms. d. Surveys. e. Sign-in sheets. f. Monthly tracking forms.

  • Swap Obligations Neither the Company nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. The Company has undertaken its own independent assessment of its consolidated assets, liabilities and commitments and has considered appropriate means of mitigating and managing risks associated with such matters and has not relied on any swap counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Valid Obligations The execution, delivery and performance of the Loan Documents have been duly authorized by all necessary corporate action and each represents a legal, valid and binding obligation of Borrower and is fully enforceable according to its terms, except as limited by laws relating to the enforcement of creditors' rights.

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.