Common use of Before First Commercial Sale Clause in Contracts

Before First Commercial Sale. Prior to the first commercial sale to an end user purchaser of any LICENSED PRODUCT or first commercial performance of 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: License Agreement (Proteostasis Therapeutics, Inc.)

AutoNDA by SimpleDocs

Before First Commercial Sale. Prior to the first commercial sale to an end user purchaser of any LICENSED PRODUCT PRODUCT, DISCOVERED PRODUCT, or first commercial performance of 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.)

Before First Commercial Sale. Prior to the first commercial sale to an end user purchaser of any LICENSED PRODUCT or IDENTIFIED PRODUCT or first commercial performance of 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: Equity Issuance 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 any 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 1 contract

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

AutoNDA by SimpleDocs

Before First Commercial Sale. Prior to the first commercial sale to an end user purchaser of any LICENSED PRODUCT or IDENTIFIED PRODUCT or first commercial performance of 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: Adoption Agreement (Verastem, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.