Data Escrow Agent definition
Examples of Data Escrow Agent in a sentence
Xencor shall store such data on a CD and send it to an independent third party reasonably acceptable to MorphoSys and Xencor (the “Data Escrow Agent”) promptly after a three-way-storage agreement between the Parties and the Data Escrow Agent has been executed.
Such three-way-storage agreement shall be negotiated in good faith promptly after the Effective Date and shall contain provisions describing the events whereupon the Data Escrow Agent shall release such reference material to either MorphoSys, Xencor or an independent Third Party (including for verifying compliance with the warranties under Article 8).
As such, the Purchaser shall be, upon delivery of a subrogation notice by the Data Escrow Agent, subrogated in the rights of the Data Escrow Agent against the Centralising Unit to the extent of the sums paid to the Data Escrow Agent in respect of this compensation.
The Centralising Unit, acting on behalf of the relevant Sellers, shall pay to the Data Escrow Agent the compensation contemplated in the Data Escrow Agreement from time to time.
Must (i) utilize the same Data Escrow Agent across the TLD Bundle and (ii) execute a Data Escrow Agreement for each individual top-‐level domain in the TLD Bundle.
Must (i) utilize the same Data Escrow Agent across the TLD Bundle and (ii) execute a Data Escrow Agreement for each individual top-level domain in the TLD Bundle.
The total of the servicing, back up servicing and Data Escrow Agent fees component is equal to € 562,500 (until the occurrence of a Collection Rating Trigger Event), or € 2,062,500 (as from the occurrence of a Collection Rating Trigger Event).