Maximum Number Reserved Targets Clause Samples
The "Maximum Number Reserved Targets" clause sets a specific upper limit on the number of targets, such as users, devices, or resources, that can be reserved or allocated under an agreement. In practice, this means that the party utilizing the service or resource cannot exceed the stated maximum, and any requests beyond this cap may be denied or require a separate agreement. This clause helps manage capacity, prevent overuse, and ensure that resources are distributed fairly and predictably among all parties.
Maximum Number Reserved Targets. CureVac will have the right to select up to […***…] Targets at any one time to be placed on the Reserved Target List as exclusive Reserved Targets; provided that the […***…] total shall be reduced by each exercise of an Option (the “Maximum Targets”) (e.g., […***…], with such reduction in the total Targets applying from and after the date of exercise of an Option.
Maximum Number Reserved Targets. CureVac will have the right to select up to [*****] Targets to be subject to Base Term Options at any one time to be placed on the Reserved Target List provided no more than [*****] may be exclusive Reserved Targets. Furthermore, CureVac will have the right during the Extension Term to select up to an additional [*****] Targets to be subject to Extension Term Options at any one time to be placed on the Reserved Target List, but each of such [*****] Targets only as a non-exclusive Reserved Target.”