Examples of Diligence Event in a sentence
To the extent Licensee has achieved any Diligence Event by the corresponding Achievement Date in relation to a given Licensed Product for an Indication, Licensee will be deemed to have also met its diligence obligations under Section 5.6 with respect to such Licensed Product and its associated Indication(s) through the corresponding Achievement Date.
Licensee, itself and/or through its Affiliates, Sublicensees or Third Party subcontractors, shall achieve each Diligence Event set forth in the table below by the corresponding Achievement Date (each a “Diligence Event”) for the first Product for each Licensed Indication.
Where such circumstances exist, Penn agrees to negotiate in good faith with Licensee, upon Licensee’s written request and provided such request is made at least [*] prior to the Achievement Date for a Diligence Event, an extension of the Achievement Date for a Diligence Event for such Licensed Product as reasonably requested by Licensee.
If Licensee fails to achieve a Financial Diligence Event (as defined on Exhibit B) after exercising any available extensions, Penn may terminate the Agreement.
The Parties acknowledge and agree that, notwithstanding the fact that Aura failed to achieve its first Diligence Event by the applicable Achievement Date under the Agreement, and did not elect to extend such Achievement Date prior to such date, the License did not automatically convert to a non-exclusive license.
Diligence Event Achievement Date [***] [ ***] [***] [ ***] [***] [ ***] [***] [ ***] [***] [ ***] In the event that Aura fails to achieve any Diligence Event by the applicable Achievement Date, and Aura does not elect to extend the applicable Achievement Date as permitted by this Section 5.1(b), then this License shall automatically convert to a non-exclusive license.
Company shall achieve each of the following Diligence Events by the corresponding Achievement Date for each Licensed Product: Diligence Event Achievement Date [*] [*] after DTP for such Licensed Product.
Notwithstanding the foregoing, Aura shall have the right and option to extend any Achievement Date for a Diligence Event by six (6) month increments, but not more than three (3) times per Diligence Event, by making a [***] payment to LI-COR prior to the expiration of the Achievement Date for such Diligence Event.
Ruiz‑Mesa R, Abengózar‑Vela A and Ruiz‑Santos M: Comparison of a new Scheimpflug imaging combined with partial coherence interferometry biometer and a low‑coherence reflectometry biometer.
Licensee shall achieve each of the following Diligence Events for each Indication by the corresponding Achievement Date: Diligence Event Achievement Date [***] for a Licensed Product for each Indication [***] after DTP for a Licensed Product for the applicable Indication [***] for a Licensed Product for each Indication [***] after DTP for a Licensed Product for the applicable Indication [***] for a Licensed Product for each Indication [***].