LICENSOR'S COSTS OF DEVELOPMENT Sample Clauses

LICENSOR'S COSTS OF DEVELOPMENT. (a) Licensee acknowledges that Licensor has commenced development and Phase I Clinical Trials of a Product in the United States prior to the Effective Date. Licensee agrees to reimburse Licensor for (i) all Third Party costs incurred by Licensor with respect to the development as well as the Phase I Clinical Trials by Licensor, including the preparation of any and all materials for such development and Phase I Clinical Trials, and (ii) all Third Party costs incurred by Licensor with respect to the development of all Products during the period between January 1, 2001 and the Effective Date. Licensee will reimburse Licensor within thirty (30) days after the receipt of an invoice with respect to such costs from Licensor. (b) The total costs to be reimbursed by Licensee to Licensor under Section 6.2(a) will not exceed two million dollars (US $2,000,000). Licensor and Licensee agree that such two million dollar figure was based on an estimate of Third Party costs incurred through April 2001 and that Licensor's costs exceeded two million dollars (US $2,000,000) because of the unanticipated two month delay in entering into this License Agreement. In consequence, the Licensor and Licensee will consider in good faith an additional reimbursement to Licensor for the Third Party cost to Licensor of the following two studies in the event Licensee, after reviewing a report thereof, decides it wishes to receive and use these studies from Licensor: [REDACTED]. (c) Licensee will not be responsible for expenses of Licensor with respect to the development of any Products other than as set forth in Sections 6.2 (a) and 6.2 (b).
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Related to LICENSOR'S COSTS OF DEVELOPMENT

  • Development Costs Licensee shall be responsible for all of its costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Products in the Field in the Territory.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Development Work The Support Standards do not include development work either (i) on software not licensed from CentralSquare or (ii) development work for enhancements or features that are outside the documented functionality of the Solutions, except such work as may be specifically purchased and outlined in Exhibit 1. CentralSquare retains all Intellectual Property Rights in development work performed and Customer may request consulting and development work from CentralSquare as a separate billable service.

  • Staff Development ‌ The County and the Association agree that the County retains full authority to determine training needs, resources that can be made available, and the method of payment for training authorized by the County. Nothing in this subsection shall preclude the right of an employee to request specific training.

  • Commencement of Development 5.3.1 In the event that development on the Lands has not commenced within five (5) years from the date of registration of this Agreement at the Registry of Deeds or Land Registry Office, as indicated herein, the Agreement shall have no further force or effect and henceforth the development of the Lands shall conform with the provisions of the Land Use By-law. For the purpose of this section, commencement of development shall mean issuance of a Mobile Home Park Construction Permit. 5.3.2 For the purpose of this section, Council may consider granting an extension of the commencement of development time period through a resolution under Section 4.1 of this Agreement, if the Municipality receives a written request from the Developer at least sixty (60) calendar days prior to the expiry of the commencement of development time period.

  • Project Development a. Collaborate with COUNTY and project clients to identify requirements and develop a project Scope Statement. a. Develop a Work Breakdown Structure (WBS) for each project. b. Evaluate Scope Statement to develop a preliminary cost estimate and determinate whether project be vendor bid or be executed under a Job Order Contract (JOC).

  • Joint Development If joint development is involved, the Recipient agrees to follow the latest edition of FTA Circular 7050.1, “Federal Transit Administration Guidance on Joint Development.”

  • Development Activities The Development activities referred to in item “b” of paragraph 3.1 include: studies and projects of implementation of the Production facilities; drilling and completion of the Producing and injection xxxxx; and installation of equipment and vessels for extraction, collection, Treatment, storage, and transfer of Oil and Gas. The installation referred to in item “c” includes, but is not limited to, offshore platforms, pipelines, Oil and Gas Treatment plants, equipment and facilities for measurement of the inspected Production, wellhead equipment, production pipes, flow lines, tanks, and other facilities exclusively intended for extraction, as well as oil and gas pipelines for Production Outflow and their respective compressor and pumping stations.

  • Design Development An interim step in the design process. Design Development documents consist of plans, elevations, and other drawings and outline specifications. These documents will fix and illustrate the size and character of the entire project in its essentials as to kinds of materials, type of structure, grade elevations, sidewalks, utilities, roads, parking areas, mechanical and electrical systems, and such other work as may be required.

  • Curriculum Development This includes the analysis and coordination of textual materials; constant review of current literature in the field, some of which are selected for the college library collection, the preparation of selective, descriptive materials such as outlines and syllabi; conferring with other faculty and administration on curricular problems; and, the attendance and participation in inter and intra-college conferences and advisory committees.

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