Discontinuation Option definition

Discontinuation Option has the meaning set forth in Section 11(a) of the Amended and Restated Research and Development Agreement.
Sample 1Sample 2Sample 3
Discontinuation Option has the meaning set forth in Section 11(a) of the Amended and Restated Research and Development Agreement. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Sample 1

Examples of Discontinuation Option in a sentence

  • In the event of the expiration of a Discontinuation Option without exercise by Licensor, the sublicense set forth in this Section 2.3 shall expire with respect to the Products relating to the Program to which such Discontinuation Option pertained.

  • Upon the unexercised expiration or termination of the Purchase Option without Licensor’s exercise of the Purchase Option, the sublicense set forth in this Section 2.3 shall expire with respect to all Products relating to the Program(s) for which Licensor has not exercised the Discontinuation Option.

  • Licensor covenants and agrees that Licensor will not, and will cause its Affiliates not to, use or exploit the Licensed Intellectual Property in connection with the development, manufacture, use, sale, or importation of Products after the expiration of all sublicenses granted pursuant to Section 2.3; provided, however, that such covenant by Licensor shall not apply to any Program for which Licensor exercises a Discontinuation Option or to any Products relating to such Program.

  • Notwithstanding any governance provision contained herein or in any Operative Document, the Parties agree that, until the termination or unexercised expiration of the Purchase Option, Dynavax, shall be the FDA Sponsor for the Programs (except any Programs which were the subject of a Discontinuation Option that was not exercised by Dynavax).

  • Discontinuation Option was exercised without any obligation to or dependency on the Symphony Collaboration and to limit this Agreement to the other Program.

  • In the event of the expiration of a Discontinuation Option without exercise by Licensor, the sublicense set forth in this Section 2.3 shall expire with respect to the compounds and Products relating to the Program to which such Discontinuation Option pertained.

  • Novated and Restated Technology License Agreement solely relate to a Symphony Dynamo Product for which Licensor has not exercised the relevant Program Option or Discontinuation Option, due to the manufacture, use, importation or sale of a product that might be competitive with such Symphony Dynamo Product.

  • Following the unexercised expiration of a Discontinuation Option, the Symphony Collaboration may transfer or license its rights to such Program to a third party at any time.

  • Following the unexercised expiration of a Discontinuation Option, Symphony Icon may transfer or license its rights to such Program to a third party at any time prior to the expiration of the Term.

  • Licensor and Symphony GenIsis acknowledge that Licensor may exercise its Discontinuation Option pursuant to Section 11.1 of the Amended and Restated Research and Development Agreement.

Related to Discontinuation Option

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Compensation Options means the options of the Company to be issued to the Agent pursuant to Section 8.2 hereof to acquire Compensation Shares;

  • Extension Option shall have the meaning set forth in Section 2.5(c) hereof.

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • Renewal Option has the meaning set forth in §12.1.

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Election to Foreclose Any election by the Purchaser to proceed with the Commencement of Foreclosure, made in accordance with Section 2.03(a).

  • Top-Up Option has the meaning set forth in Section 1.04(a).

  • Second Extension Option shall have the meaning set forth in Section 2.2.1(b) hereof.

  • Partial Termination has the meaning set forth in the Section 6.3(a).

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Nonrenewal Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Option to Extend has the meaning given that term in Section 2.13.

  • First Extension Option shall have the meaning set forth in Section 2.6.1 hereof.

  • Option means a stock option granted pursuant to the Plan.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Option B has the meaning assigned that term in Section 8.03(e).

  • Early Termination Notice Date Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.

  • Director Option means an Option granted pursuant to Section 6.

  • Option 1 [X] Yes, but only with respect to a Contributing Participant's Elective Deferrals.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.