Development Option definition

Development Option shall have the meaning set forth in Article 2.4.
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Development Option means ROCHE’s first option right to take back a Compound in the Field at the End of Phase IIb as set forth in Section 4.1.
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Development Option means a Party's option to pursue or abandon a Compound or Compound Series, once that Compound or Compound Series has been nominated or selected as a development candidate by a Party pursuant to the terms of this Agreement.
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Examples of Development Option in a sentence

  • Development Option and Subdivision Standards Applicable in All Zones | Div.

  • If, prior to the consummation of the Purchase and Development Option, a BEE dilution event has occurred, the amount of equity to be purchased by Implats and the purchase price for such equity upon the exercise of the Purchase and Development Option will be adjusted pursuant to formulas set forth in the call option.

  • If Implats exercises the Purchase and Development Option and such transactions are consummated, Implats will have primary control of Waterberg JV Co. Should Implats complete the increase of its interest in Waterberg JV Co. to 50.01% pursuant to the Purchase and Development Option and complete its earn in spending, Platinum Group would retain a 31.96% direct and indirect interest in Waterberg JV Co. and all of the project partners would be required to participate pro-rata.

  • GENERAL EDUCATION DEVELOPMENT (GED) CERTIFICATESweet Home High School has been named a GED (General Education Development) Option Site.

  • In the event that Lilly does not exercise the Global Option for the Product within such Product’s Global Option Exercise Period, Xxxxxxxxx may, at its discretion, purchase the data produced by Lilly under the Development Option for an amount not to exceed Lilly’s incurred Development costs in developing the data.

  • Under the Planned Development Option, compatible residential, commercial, industrial, public, and non-public uses may be combined, provided that the proposed location of the commercial or industrial uses will not adversely affect adjacent property, and/or the public health, safety, and general welfare.

  • The base standards of FAR (floor area ratio), LSR (landscape surface ratio), and lot coverage by principal and accessory structures are found in Table 2170.F, Base Development Standards for the Planned Unit Development Option (Residential Only).

  • Upon exercise of a Development Option for the Product, Xxxxxxxxx will, for the duration of the Global Option Exercise Period for such Product, xxxxx Xxxxx a fully paid-up, non-exclusive limited license, without the right to sublicense, under Xxxxxxxxx Patents and the Xxxxxxxxx Know-How as of such time, without a right to Commercialize, to Develop such Product in the Field outside the Territory.

  • The closing of the exercise of the Purchase and Development Option will be subject to certain conditions precedent, including the receipt of required regulatory approvals and Implats confirming within 180 business days of the completion and approval of the DFS, the salient terms of a financing for development and mining, including a signed financing term sheet from prospective funders, subject to final credit, internal approvals and documentation.

  • The Council’s aspirations for growth in Unleashing the Potential (CD 16) may prove influential as far as the former is concerned and the Preferred Development Option Report (CD18.2) indicates total housing provision for the rural area as between 4,935 and 5,745 new dwellings over 15 years, dependent on whether or not the RSS backlog is to be accommodated.


More Definitions of Development Option

Development Option has the meaning set forth in Section 3.1.
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Development Option shall have the meaning as set forth in Section 4.1 of this Agreement.
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Development Option shall have the meaning ascribed to it in Section 3.1 hereof.
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Development Option is defined in Section 5.1 below.
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Development Option has the meaning set forth in Section 5.3(e).
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Development Option means Warner's right to elect to resume Development of IV ONYX-015, all as more particularly set forth in Section 3.4(a) hereof.
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Related to Development Option

  • Development Program means the implementation of the development plan.

  • Development Plan has the meaning set forth in Section 3.2.

  • Development rights means any right or combination of rights reserved by a declarant in the declaration to:

  • Development Phase means the period before a vehicle type is type approved.

  • Development Candidate means a Compound that meets the Development Candidate Criteria for the initiation of a Development Program for the treatment of CF, and which is the subject of a notice from Vertex to CFFT that Vertex intends to commence formal pre-clinical development of the Compound in the Field pursuant to the provisions of Section 3.1 hereof.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Development Activities means those activities which are normally undertaken for the development, construction, repair, renovation, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.

  • Joint Commercialization Committee or “JCC” has the meaning set forth in Section 3.4 (Joint Commercialization Committee).

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Development Well means a well drilled inside the established limits of an oil or gas reservoir, or in close proximity to the edge of the reservoir, to the depth of a stratigraphic horizon known to be productive.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Research Plan shall have the meaning set forth in Section 2.1.

  • Development Project means a project for the development of land within a project area.

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Research Program has the meaning set forth in Section 3.1.

  • Development Plans means a coherent set of operations defined and financed exclusively by the OCTs in the framework of their own policies and strategies of development, and those agreed upon between an OCT and the Member State to which it is linked;

  • Development Work means any work carried out in relation to the physical construction of a mine;

  • Development Milestone is defined in Section 5.3.

  • Research Program Term has the meaning set forth in Section 2.2.

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Work Plan means a plan that describes each individual activity to be conducted to complete eligible activities and the associated costs of each individual activity.