Collaboration Target definition
Examples of Collaboration Target in a sentence
Once a Collaboration Target becomes a Discontinued Target: (a) all rights and licenses granted under this Agreement will terminate with respect to such Discontinued Target; and (b) either Party may develop and commercialize compounds and products that are Directed Against such Discontinued Target at its own cost.
Upon Avidity’s written approval, the previous Collaboration Target shall cease to be a Collaboration Target and become a Discontinued Target, and the Replacement Target shall become a Collaboration Target.
For clarity, no Milestone Payment is payable for subsequent or repeated achievements of the same Milestone Event with respect to the same Product, or any subsequent Products with respect to a Collaboration Target for which a Milestone Event has occurred.
Upon expiration of such [* * *] period, such Target shall cease to be a Collaboration Target and become a Discontinued Target.
Within [* * *] following the Effective Date, ▇▇▇▇▇ and Avidity shall each assign one (1) employee to serve as the primary point of contact between the Parties with respect to each Collaboration Target being prosecuted under the Programs (each, a “Project Leader”).