Common use of Commercialization Budget Clause in Contracts

Commercialization Budget. (a) For the purpose of determining "commercialization costs" (to be reimbursed to Chiron as permitted in Section 8.5 of the Agreement), Chiron shall submit to Gen-Probe a commercialization budget, promptly following any termination of this Ultrio Addendum for breach in accordance with Section 8.2 or an unilateral withdrawal by a party in accordance with Section 8.4, and the timely election by a Continuing Party to continue the Ultrio Development Program, as described in this Section 6.4.

Appears in 2 contracts

Samples: Chiron Corp, Gen Probe Inc

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Commercialization Budget. (a) For the purpose of determining "commercialization costs" (to be reimbursed to Chiron as permitted in Section 8.5 of the Agreement), Chiron shall submit to Gen-Probe a commercialization budget, promptly following any termination of this Ultrio West Nile Virus Addendum for breach in accordance with Section 8.2 8.1 or an unilateral withdrawal by a party in accordance with Section 8.48.3, and the timely election by a Continuing Party to continue the Ultrio WNV Development Program, as described in this Section 6.4.

Appears in 1 contract

Samples: Chiron Corp

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Commercialization Budget. (a) For the purpose of determining "commercialization costs" (to be reimbursed to Chiron as permitted in Section 8.5 of the Agreement), Chiron shall submit to Gen-Probe a commercialization budget, promptly following any termination of this Ultrio West Nile Virus Addendum for breach in accordance with Section 8.2 or an unilateral withdrawal by a party in accordance with Section 8.4, and the timely election by a Continuing Party to continue the Ultrio WNV Development Program, as described in this Section 6.4.

Appears in 1 contract

Samples: Gen Probe Inc

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