Examples of Abandoned Compound in a sentence
If after Enanta followed the procedure set forth in Section 11.2.2 for asserting a breach of contract and Xxxxxx does not cure its breach for failure to use Commercially Reasonable Efforts to Develop a Candidate or Commercialize a Product in any Major Market Country, then Enanta shall have the right, in its sole discretion upon ten (10) days written notice to Xxxxxx, to designate such Candidate or Product as a Abandoned Compound.
If Icagen so licenses a third party in accordance with the prior four sentences, Section 6.5 shall remain in effect as to the Abandoned Compound.
Any disagreement between the parties as to whether Icagen, together with its Affiliates and sublicensees, has ceased to use reasonable commercial efforts or cured any cessation of its use of reasonable commercial efforts with respect to the clinical development, governmental approval, manufacturing, marketing and sales of an Abandoned Compound or Product hereunder shall be subject to ADR in accordance with Section 17.7.
An IDP shall have the right to pursue independently all other indications for the Abandoned Compound or Abandoned Compound Series.
This subsection (g) shall survive expiration or termination of the Research Term as to each Abandoned Compound for a period of time lasting through the completion of [**] for such Abandoned Compound and thereafter shall terminate and be of no further force or effect as to such Abandoned Compound.
Upon such discontinuation, all rights to such Development Candidate will revert to ISIS and be considered an Abandoned Compound.
If any Biosearch Lead Compound is selected by Versicor for Versicor Studies under Section 2.2 (b), Biosearch agrees that it shall not transfer, license, sell or otherwise provide such Biosearch Lead Compound to any Third Party unless and until the date any such Biosearch Lead Compound is returned to Biosearch as an Abandoned Compound under Section 2.3.
At least sixty (60) days prior to Sunesis granting to a Third Party the right to market and distribute a product containing an Abandoned Compound which modulates the activity of BACE or the Substitute Target, Sunesis agrees to notify Merck in writing, together with a summary description of the product(s) to be proposed that would be the subject of such grant (the “Initial Notice”).
To the Knowledge of Seller, no event has occurred that would give Seller a right to designate any Candidate as an Abandoned Compound pursuant to Section 11.3.6 of the License Agreement.
In the event the Parties agree on the terms and conditions under which Sunesis would grant such right to Merck, in accordance with Section 12.5.4, Sunesis shall cooperate fully (and cause it Affiliates to cooperate fully) with Merck to facilitate a smooth and prompt transition to Merck of all Collaboration Technology, information and materials that are necessary or useful for Sunesis to further research, develop, produce or otherwise exploit such Abandoned Compound.