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.
Should the Parties fail to reach a mutually agreeable set of terms, ISIS will be free to license the Abandoned Compound to a Third Party on terms no more favorable to such Third Party than those last offered by ZENECA, or to continue on its own to develop and commercialize the Abandoned Compound.
Finally, a TPM that originally only protected access may come to prevent copying as well, if the decrypting software or device it is keyed to becomes obsolete: for example, a TPM protecting a work that requires a particular software program in order to be unlocked and read may need to be circumvented in order to be accessed for the purposes of copying once that software becomes obsolete and ceases to be available.
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.
If the Parties choose to develop any Compound or Compound Series jointly, the Parties shall share the rights to pursue all indications of that Joint Development Compound or Joint Development Compound/IV, subject to a Party's decision to abandon work on the Joint Development Compound or Joint Development Compound/IV after exercising the Development Option pursuant to Section 3.2.6, in which case the IDP shall have the sole right to pursue all indications of the Abandoned Compound or 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.
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.
Seller has not designated any Candidate as an Abandoned Compound pursuant to Section 11.3.6 of the License Agreement.
An IDP shall have the right to pursue independently all other indications for the Abandoned Compound or Abandoned Compound Series.
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.