Initial Major and Sub-Phases Sample Clauses

Open Split View

Download

Share

Cite

Initial Major and Sub-Phases. Sections 3.4.1(a) and (b) of the DDA are hereby deleted and replaced with the following:

Sample 1Sample 2

Save

Copy

Related to Initial Major and Sub-Phases

• Development Plans 4.3.1 For each Licensed Indication and corresponding Licensed Product in the Field, Licensee will prepare and deliver to Licensor a development plan and budget (each a “Development Plan”). The initial Development Plans for each Licensed Indication will be delivered within […***…] after the Grant Date for such Licensed Indication.

• Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.