Examples of Collaboration Research Plan in a sentence
At any time during the Term and for any reason, Licensee may discontinue Developing any Development Candidate upon written notice to Licensor to terminate the Collaboration Research Plan for such Development Candidate and will not be responsible for any future Development Costs incurred after the delivery of notice.
Licensee will determine in consultation with Licensor the content of the Collaboration Research Plan, which will be mutually-agreed by the Parties, that 17 THE COMPANY HAS REQUESTED AN ORDER FROM THE SECURITIES AND EXCHANGE COMMISSION (THE “COMMISSION”) PURSUANT TO RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED, GRANTING CONFIDENTIAL TREATMENT TO SELECTED PORTIONS.
Licensor and Licensee will each provide the JRC with written reports detailing its collaboration and Development activities under the Collaboration Research Plan and the results of such activities at least ***** in advance of each regularly scheduled JRC meeting.
Each Party will conduct its activities under the Collaboration Research Plan in a good scientific manner and comply in all material respects with all Laws.
The Collaboration Research Plan will consist of the following five (5) development stages (each, a “Stage”): (i)Stage 1: Design, screen, select and prepare SNA.
For each Development activity specified in the Collaboration Research Plan, the Collaboration Research Plan will specify the Party that is responsible for such activity, the timeline for initiating and completing such activity, and the Collaboration Research Budget for such activity.
Licensor will be responsible for each Development activity specified in such Collaboration Research Plan and such Development activity will specify the timeline for initiating and completing such activity and the “Collaboration Research Budget” for such activity.
The Collaboration Committee shall have responsibility for monitoring the performance of Optimization Programs against the current Collaboration Research Plan.
Once approved by the JRC, the amended Collaboration Research Plan will become effective and supersede the previous Collaboration Research Plan for such Collaboration Development Candidate and Collaboration Products as of the date agreed to in writing by the Parties.
Licensee and Licensor will each use Commercially Reasonable Efforts to Develop Collaboration Development Candidates and Collaboration Products in accordance with their respective activities under the Collaboration Research Plan.