Common use of Beginning February Clause in Contracts

Beginning February. 28, 1997 and semi-annually thereafter, the Licensee shall submit to The Regents a progress report covering the Licensee's (and any Affiliate or sublicensee's) activities related to the development and testing of all Licensed Products and the obtaining of the governmental approvals necessary for marketing. Progress reports are required for each Licensed Product until the first commercial sale of that Licensed Product occurs in the United States and shall be again required if commercial sales of such Licensed Product are suspended or discontinued.

Beginning February. 28, 1997 1999, and semi-annually thereafter, the Licensee shall submit to The Regents a written progress report covering the Licensee's (and any Affiliate or sublicensee's) activities related to the development and testing of all Licensed Products Product and the obtaining of the governmental approvals necessary for marketing. Progress reports are required for each Licensed Product until the first commercial sale of that Licensed Product occurs in the United States U.S. and shall be again required if commercial sales of such Licensed Product are is suspended or discontinued.

Beginning February. 28, 1997 1998 and semi-annually thereafter, the Licensee shall submit to The Regents a progress report of no more than five (5) pages, covering the Licensee's (and any Affiliate or sublicensee's) activities related to the development and testing of all Licensed Products and the obtaining of the governmental approvals necessary for marketing. Progress reports are required for each Licensed Product until the first commercial sale of that Licensed Product occurs in the United States and shall be again required if commercial sales of such Licensed Product are suspended or discontinuedStates.