Initial Term; Term. Agreement is effective upon execution and its initial term shall commence on the 28th day of July, 2006 and shall continue as set forth in Paragraph 4.2 of this Agreement. After the Initial Term, the Parties may renew this Agreement for continuous additional Renewal Term(s) of one (1) year unless either Party shall have given written notice of termination to the other Party not less than six (6) months prior to the expiration of the Initial Term, or any Renewal Term.
Initial Term; Term. Unless terminated in accordance with the provisions of this Agreement, the initial term (the "Initial Term") of this Agreement shall commence as of the Effective Date and shall continue until the third anniversary of the first Commercial Launch of Product. Not less than 24 months prior to the expiration of the Initial Term the parties shall discuss extending this Agreement for a further period of twelve months. Thereafter the Agreement may be extended by further twelve months periods upon mutual agreement of the parties reached not less than 24 months prior to the expiration of any such extended term. The Initial Term and all renewals thereof collectively shall be considered the "Term" of this Agreement.
Initial Term; Term. The initial term of this Agreement shall be for a period of three (3) years, beginning on the Effective Date and terminating on the third anniversary of the Effective Date (the "Initial Term"). This Agreement may be extended for additional one-year periods (such additional periods are each a "Subsequent Term," and collectively with the Initial Term, the "Term") by mutual written agreement reached by the parties not later than 180 days prior to the end of the Initial Term or any Subsequent Term. The Term shall end upon the expiration of this Agreement or its earlier termination as set forth herein.
Initial Term; Term. Unless earlier terminated in accordance with Section 13.02 hereof, the term of this Agreement shall commence as of the date hereof and shall continue in effect for a period of ten (10) years from and after the first commercial sale of the Licensed Product by the Company after the date hereof (the :Initial Term") and, thereafter, shall be renewed automatically for successive five (5) year renewal terms, unless the Company provides CID Lines with ninety (90) days' prior written notice of its decision not to renew this Agreement at the end of the Initial Term or any such renewal term, as the case may be, in accordance herewith. The Initial Term and all renewal terms collectively shall be considered the "Term" of this Agreement.
Initial Term; Term. Subject to and upon terms, provisions and conditions hereinafter set forth, the "Initial Term" of this Lease shall begin on the Commencement Date, and shall expire at 11:59 p.m. on the last day of the one hundred and twentieth (120th) complete calendar month thereafter. The "Commencement Date" shall be the earlier to occur of (i) the date upon which Substantial Completion occurs and (ii) the date Tenant takes possession of the Leased Premises for purposes of business operation and not for the performance only of Tenant's Work. If the Commencement Date occurs on the first day of a calendar month, the month in which the Commencement Date occurs shall be the first complete calendar month after the Commencement Date for purposes of determining the expiration of the Initial Term. The Initial Term together with any Renewal Terms is the "Term" of this Lease or the "Lease Term" as such terms may be used interchangeably in this Lease.
Initial Term; Term. The initial term of this Agreement shall begin on the Effective Date and shall terminate on December 31, 2023 (the “Initial Term”). This Agreement will be automatically extended for additional one-year periods (such additional periods are each a “Subsequent Term,” and collectively with the Initial Term, the “Term”) provided that the parties have by mutual written agreement amended Exhibit A to reflect the new Price for the applicable Subsequent Term not later than ninety (90) days prior to the end of the Initial Term or any Subsequent Term. The Term shall end upon the expiration of this Agreement or its earlier termination as set forth in Section 11.2.
Initial Term; Term. Unless terminated in accordance with the provisions of this Agreement, the initial term (the “Initial Term”) of this Agreement shall commence as of the date hereof and shall continue until December 31, 2004. Following the expiry of the Initial Term, this Agreement shall, subject to Section 11.2, automatically renew for consecutive one year periods unless and until either party hereto submits to the other party hereto written notice of its intention not to renew this Agreement given:
Initial Term; Term. The initial term of this Agreement shall begin on the Effective Date and shall terminate on December 31, 2025 (the “Initial Term”). This Agreement will be automatically extended for additional two-year periods (such additional periods are each a “Subsequent Term,” and collectively with the Initial Term, the “Term”). The Term shall end upon the expiration of this Agreement or its earlier termination as set forth in Section 12.2.
Initial Term; Term. The term of this Agreement shall commence as of the date hereof and shall terminate five (5) years from approval of Paddock as a manufacturing site in Axcan Pharma’s NDA, unless earlier terminated in accordance with paragraph 11.2 hereof (the “Initial Term”). This Agreement may be extended by Axcan, provided it is not then in default, for two (2) additional two (2) year terms by giving ninety (90) day prior notice; thereafter this Agreement may be extended only by mutual written agreement. The Initial Term and any renewal terms collectively shall be considered the “Term” of this Agreement.
Initial Term; Term. Unless terminated in accordance with the provisions of this Agreement, the initial term (the "Initial Term") of this Agreement shall commence as of the Signature Date and shall continue until December 31, 2013. Following the Initial Term, this Agreement shall automatically renew for consecutive one year periods unless and until either party hereto submits to the other party hereto written notice of its intention not to renew at least six (6) months prior to the end of the Initial Term or any renewal term, as the case may be. The Initial Term and all renewals thereof collectively shall be considered the "Term" of this Agreement.
