Common use of Before First Commercial Sale Clause in Contracts

Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or commercial performance of a LICENSED PROCESS, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.

Appears in 2 contracts

Samples: Patent License Agreement (Omega Therapeutics, Inc.), Patent License Agreement (Omega Therapeutics, Inc.)

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Before First Commercial Sale. Prior to the first commercial sale of any the first LICENSED PRODUCT or first commercial performance of a the first LICENSED PROCESS, COMPANY shall deliver reports to XXXXXXXXX M.I.T. annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.

Appears in 2 contracts

Samples: Exclusive Patent License Agreement (A123 Systems, Inc.), Exclusive Patent License Agreement (A123 Systems Inc)

Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or IDENTIFIED PRODUCT or first commercial performance of a any LICENSED PROCESS, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2. COMPANY shall include a description of its compliance with COMPANY’S diligence obligations in accord with Article 3.

Appears in 1 contract

Samples: Exclusive Patent License and Tangible Property Agreement (Verastem, Inc.)

Before First Commercial Sale. Prior to the first commercial sale to an end user purchaser of any LICENSED PRODUCT or first commercial performance of a any LICENSED PROCESS, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.

Appears in 1 contract

Samples: Tangible Property and Exclusive Patent License Agreement (Proteostasis Therapeutics, Inc.)

Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or commercial performance of a LICENSED PROCESSPRODUCT, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing the information described in Section 5.2, as applicable, concerning the immediately preceding calendar year, as further described in Section 5.2.

Appears in 1 contract

Samples: Patent License Agreement (Camp4 Therapeutics Corp)

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Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or commercial performance of a LICENSED PROCESSSERVICE, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.in

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Verastem, Inc.)

Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or IDENTIFIED PRODUCT or first commercial performance of a any LICENSED PROCESS, COMPANY shall deliver reports to XXXXXXXXX annually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2. COMPANY shall include a description of its compliance with COMPANY’s diligence obligations in accord with Article 3.

Appears in 1 contract

Samples: Exclusive Patent License and Tangible Property Agreement (Verastem, Inc.)

Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT PRODUCT, DISCOVERED PRODUCT, or first commercial performance of a any LICENSED PROCESSPROCESS or LICENSED SERVICE, COMPANY shall deliver reports to XXXXXXXXX annuallyWHXXXXXXX xnnually, within [***] ([***]) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Immunome Inc.)

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