Before First Commercial Sale. Prior to the date of the first COMMERCIAL SALE of any LICENSED PRODUCT, COMPANY shall deliver reports to M.I.T. annually, within [***] 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 (Mevion Medical Systems, Inc.), Patent License Agreement (Mevion Medical Systems, Inc.)
Before First Commercial Sale. Prior to the date of the first FIRST COMMERCIAL SALE of any LICENSED PRODUCT, COMPANY shall deliver reports to M.I.T. annually, within [***] 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 (Translate Bio, Inc.)
Before First Commercial Sale. Prior to the date of the first COMMERCIAL SALE commercial sale of any LICENSED PRODUCTPRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within [***] 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 (BIND Therapeutics, Inc)
Before First Commercial Sale. Prior to the date of the first COMMERCIAL SALE commercial sale of any LICENSED PRODUCTPRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within [***] of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.23.1(b).
Appears in 1 contract
