Commercial Readiness definition

Commercial Readiness means the point in time, prior to [***], at which Genentech seeks to ensure readiness for market launch of such Collaboration Product [***] in accordance with [***]
Commercial Readiness means (i) [* * *], (ii) [* * *] and (iii) [* * *].
Commercial Readiness means:

Examples of Commercial Readiness in a sentence

  • Commercial Readiness Deposit shall mean a deposit paid in lieu of submitting evidence of a Commercial Readiness Milestone Option.

  • Transmission Provider will refund the Commercial Readiness Deposit in accordance with Sections 13.3.2 and 13.3.3 of this LGIP.

  • Such Commercial Readiness Deposits made in lieu of an Interconnection Customer providing evidence of Commercial Readiness Milestone Options under Sections 6.6.1(a)-(f) and 7.5.1(a)-(e) are not subject to interest on any unspent amount.

  • Transmission Provider will refund the Commercial Readiness Deposit to Interconnection Customer according to Sections 13.3.2 and 13.3.3 of this LGIP.

  • No payment shall be due under this Section 7.2 if this Agreement is terminated prior to the date of achievement of, in the case of Section 7.2.1, NDA Approval, or in the case of Section 7.2.2, Commercial Readiness.

  • Commercial Readiness Deposits shall be made in the form of a cash deposit, irrevocable letter of credit, or deposit into an escrow account that is established by Interconnection Customer.

  • Such refundable portion of Commercial Readiness Deposits made in lieu of an Interconnection Customer providing evidence of Commercial Readiness Milestone Options under Sections 6.6.1 and7.5.1, Transmission Provider shall be for any unspent amount, without interest.

  • Any refunds of Commercial Readiness Deposits shall also be made in accordance with Section 13.3.3 below.

  • Licensee shall use its Commercially Reasonable Efforts to undertake the Commercial Launch of the Initial Products within [* * *] months of Commercial Readiness.

  • Transmission Provider shall also refund any portion of the Commercial Readiness Deposit not applied to the Withdrawal Penalty and, if applicable, the deposit in lieu of site control.


More Definitions of Commercial Readiness

Commercial Readiness means, with respect to a particular Suite, the earlier to occur of [***].
Commercial Readiness means: (a) as to a particular product in the United States, that Requisite Regulatory Approval has been obtained for such product in the United States (or determined by ▇▇▇▇▇▇▇ not to be required) and that DexCom has achieved Demonstrated Manufacturing Capability for such product in the United States; (b) as to a particular product in the EU, that Requisite Regulatory Approval in the EU has been obtained for such product and that DexCom has achieved Demonstrated Manufacturing Capability for such product in the EU; and (c) as to a particular product in Japan, that Requisite Regulatory Approval has been obtained for such product in Japan (or determined by ▇▇▇▇▇▇▇ not to be required) and that DexCom has achieved Demonstrated Manufacturing Capability for such product in Japan.
Commercial Readiness means the date on which [***].
Commercial Readiness means the point in time at which the Software is ready for live use as a tokenised payment platform.

Related to Commercial Readiness

  • Port means a line or trunk connection point, including a line card and associated peripheral equipment, on a Central Office Switch but does not include Switch features. The Port serves as the hardware termination for line or Trunk Side facilities connected to the Central Office Switch. Each Line Side Port is typically associated with one or more telephone numbers that serve as the Customer's network address.

  • System Impact Study means an assessment by the Transmission Provider of (i) the adequacy of the Transmission System to accommodate a Completed Application, an Interconnection Request or an Upgrade Request, (ii) whether any additional costs may be incurred in order to provide such transmission service or to accommodate an Interconnection Request, and (iii) with respect to an Interconnection Request, an estimated date that an Interconnection Customer’s Customer Facility can be interconnected with the Transmission System and an estimate of the Interconnection Customer’s cost responsibility for the interconnection; and (iv) with respect to an Upgrade Request, the estimated cost of the requested system upgrades or expansion, or of the cost of the system upgrades or expansion, necessary to provide the requested incremental rights. “System Protection Facilities” shall refer to the equipment required to protect (i) the Transmission System, other delivery systems and/or other generating systems connected to the Transmission System from faults or other electrical disturbance occurring at or on the Customer Facility, and (ii) the Customer Facility from faults or other electrical system disturbance occurring on the Transmission System or on other delivery systems and/or other generating systems to which the Transmission System is directly or indirectly connected. System Protection Facilities shall include such protective and regulating devices as are identified in the Applicable Technical Requirements and Standards or that are required by Applicable Laws and Regulations or other Applicable Standards, or as are otherwise necessary to protect personnel and equipment and to minimize deleterious effects to the Transmission System arising from the Customer Facility.

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • Commercial Item means a commercial item as defined in FAR 2.101.

  • Construction Phase Services means the coordination, implementation and execution of the Work required by this Agreement, which are further defined in Article 8.