Common use of Early Development Term Clause in Contracts

Early Development Term. The Early Development Term (i.e. the overall term for all Early Development Programs under the Agreement) will commence at the start of the first Early Development Program under the Agreement and will terminate upon the termination of the last to terminate Early Development Program Term (the “Early Development Term”), unless earlier terminated in accordance with the other provisions of this Agreement.

Appears in 4 contracts

Samples: Product Development and Commercialization Agreement, Product Development and Commercialization Agreement (ChemoCentryx, Inc.), Product Development and Commercialization Agreement (ChemoCentryx, Inc.)

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Early Development Term. The Early Development Term (i.e. the overall term for all Early Development Programs under the Agreement) Agreement will commence at the start of the first Early Development Program under the Agreement Term and will terminate upon the termination last day of the last to terminate Early Development Program Term (such period, the “Early Development Term”), unless earlier terminated except that the Early Development Term shall not be deemed in accordance with the other provisions of this Agreementeffect at any time during which there is no Early Development Program Term then in effect.

Appears in 1 contract

Samples: Product Development and Commercialization Agreement (Targacept Inc)

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