Adolor Selection Process and Timeframe Clause Samples
The "Adolor Selection Process and Timeframe" clause defines the procedures and deadlines for choosing Adolor as a party or participant in a specific context, such as a project, agreement, or partnership. It typically outlines the steps required for selection, including submission of necessary documentation, evaluation criteria, and the schedule by which decisions must be made. This clause ensures that all parties understand the process and timing involved, promoting transparency and preventing delays or misunderstandings regarding Adolor's involvement.
Adolor Selection Process and Timeframe. 11.2.1 To give effect to the foregoing, ** will identify ** (**) ** for ** within ** (**) ** after the ** in the United States of the **. Subject to its availability at the applicable time, and ** ability to grant such rights, ** such ** may be ** ** = 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. provided always that no obligation on ** in respect of ** to grant rights hereunder is hereby intended or created.
11.2.2 It is hereby understood and acknowledged that the acceptance by Adolor of a ** (the "**") for purposes of commencing negotiations on a separate agreement as contemplated by Section 11.3 under which Adolor would be granted the rights contemplated under Section 11.1 (the "GSK Product ----------- Agreement"), and the decision to enter into a GSK Product Agreement, shall at --------- all times be **.
Adolor Selection Process and Timeframe. = 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. **