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.