Exclusive Option definition

Exclusive Option shall have the meaning set forth in Section 3.7.1.

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Exclusive Option means an exclusive option granted by ImmunoGen to Millennium with respect to a Target Antigen pursuant to Section 3.4 of this Agreement.

Exclusive Option has the meaning set forth in Section 2.1.

Examples of Exclusive Option in a sentence

• The Parties have caused their authorized representatives to execute this Amended and Restated Exclusive Option Agreement as of the date first above written.

• To the extent permitted by the applicable PRC laws, the Lender shall have the right but not the obligation to purchase or designate other person(s) (legal or natural person(s)) to purchase the Target Equity Interest in part or in whole at any time, at the price stipulated in the Exclusive Option Agreement.

• Since the effective date of this Agreement, the Original Exclusive Option Agreement shall be terminated and shall be replaced and superseded by this Agreement.

• This Agreement supersedes, in its entirety, the Original Exclusive Option Agreement relating to the matters set forth herein, which shall be terminated as of the date hereof.

• Party A’s exercise of the Exclusive Option to Purchase Assets shall be subject to the laws and regulations of China.

More Definitions of Exclusive Option

Exclusive Option means the exclusive option, which is granted to Transferee by Transferors, to purchase 100% equity interest in CDMTV according to the terms of this Agreement.

Exclusive Option shall have the meaning set forth in Section 2.1.1.

Exclusive Option has the meaning set forth in Section 3.4.

Exclusive Option means that during the term of this Option Agreement, NMTURPC shall not grant a license or an option to acquire a license to the Patents to any third party.

Exclusive Option shall have the meaning set forth in Section 2.2(a).

Exclusive Option means the option to include a specific Molecule Class within Exclusive Licensed Products. From and after the exercise of the Exclusive Option with respect to a specific Molecule Class, all of the terms and conditions of this Agreement which apply to Exclusive Licensed Products shall apply with respect to such Molecule Class, including, without limitation, the diligence obligations of Sections 4.5 and 5.3, the obligations to make payments with respect to D&C Events for Exclusive Licensed Products provided by Section 3.2 and the obligations to pay royalties pursuant to Section 3.4. For the avoidance of doubt, from and after the exercise of the Exclusive Option, the provisions of Section 2.1(e) shall apply with respect to the Product which was the subject of such exercise.

Exclusive Option has the meaning given in Section 4.5(a). “Exclusivity Period” has the meaning given in Section 4.5(a). “First Refusal Right” has the meaning given in Section 4.5(b).