Development Plan and Budget definition

Development Plan and Budget or “Development Plan” means the budget and plan for the Development Program and research and development activities to be conducted by the Company during the Warrant Period, attached hereto as Exhibit A.

Development Plan and Budget means a development plan setting forth in reasonable detail specific Clinical Studies and related Party Development Activities to be performed with respect to a Licensed Product or Collaboration Candidate and the budget for such Development activities, which plan shall assign responsibility for such Clinical Studies and related Party Development Activities between the Parties.

Development Plan and Budget means the plan and budget for the Development Program in effect from time to time, as established in accordance with Article 3 below.

Examples of Development Plan and Budget in a sentence

• Notwithstanding anything herein to the contrary, the Company shall have the right to make operational decisions that do not conflict with, or require an amendment to, the then-current Development Plan and Budget without seeking approval from the JSC.

• As more fully set forth in Section 5.1 hereof, Tenant shall use commercially reasonable efforts to comply with the Development Plan and Budget.

• Tenant will consult with Landlord in connection with the preparation of the initial Development Plan and Budget.

• In connection with the performance by Tenant of all of its duties and obligations as set forth in this Agreement, Tenant acknowledges and agrees that it is obligated to secure the prior written approval from Landlord with respect to all matters not previously authorized pursuant to the Development Plan and Budget in accordance with the procedures set forth below.

• Following Landlord’s approval of the initial Development Plan and Budget, Landlord and Tenant shall attach the same as Exhibit C to this Agreement.

More Definitions of Development Plan and Budget

Development Plan and Budget means the written plan set forth on Schedule 1.33 setting forth the activities to be performed by Receptos in connection with the Development of ABT308 in the Lead Indication, which may be amended from time to time with AbbVie’s prior written approval.

Development Plan and Budget means the detailed statement of the tasks and responsibilities, Construction Costs, Cash Flow Forecast and time required to design, procure, construct and develop the Outside Plant which has been approved by all the Owners and is attached to this Agreement as Exhibit E. The Development Plan and Budget may only be amended in accordance with the terms of this Agreement.

Development Plan and Budget shall have the meaning ascribed to such term in Section 5.1 of this Agreement.

Development Plan and Budget means a development plan and/or budget prepared annually by Service Provider and/or Owner, and adopted and approved by Owner. Until such time as an updated, revised, or replacement Development Plan and Budget is adopted and approved by Owner, references to the “Development Plan and Budget” shall be to the Development Plan and Budget attached hereto as Exhibit C; thereafter, references to the “Development Plan and Budget” shall be to the most recently adopted and approved Development Plan and Budget, at it may have been updated or revised with the approval of the Owner.

Development Plan and Budget has the meaning set forth in Section 2.4.

Development Plan and Budget shall have the meaning set forth in Section 3.02(b).

Development Plan and Budget means the Development Plan and the Development Budget.