Common use of Research Term Clause in Contracts

Research Term. The Research Program shall commence on the Effective Date and shall conclude four (4) years thereafter (such period, the “Research Term”). The Research Term may be extended as the Parties determine upon mutual written agreement.

Appears in 3 contracts

Samples: Eli Lilly and Company, Collaboration and License Agreement (AbCellera Biologics Inc.), Collaboration and License Agreement (AbCellera Biologics Inc.)

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Research Term. The Research Program shall commence on will be carried out during the Effective Date and shall conclude four (4) years thereafter year period following the Effective Date, unless this Agreement is terminated in accordance with Article 13 (such period, period being the “Research Term”). The Research Term may be extended as the Parties determine upon mutual written agreement.

Appears in 2 contracts

Samples: Collaboration and Exclusive License Agreement (Ambrx Inc), Collaboration and Exclusive License Agreement (Ambrx Inc)

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