Field Option definition

Field Option shall have the meaning set forth in Section 2.5(b)(ii).
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Examples of Field Option in a sentence

  • Licensee shall pay such Field Option Fee within thirty (30) days following receipt of Alnylam’s invoice therefor.

  • If Licensee exercises the Field Option with respect to any Additional Field pursuant to Section 2.5, Licensee shall pay Alnylam a fee (the “Field Option Fee”) of [**] Dollars ($[**]) for each such Additional Field.

  • As of the Effective Date and in consideration for the option fee as set forth in Section 7.2, CureVac hereby grants to BI, and BI hereby accepts, an exclusive option for a maximum term of ten (10) years after the Effective Date ("Option Period") to obtain one additional exclusive license, for no additional fee, to use the CureVac Licensed Intellectual Property with regard to one additional vaccine that consists of [*****] for use in the Field ("Option Vaccine").

  • Subject to the terms and conditions of this Agreement, if BioNano exercises the Sequencing Field Option, BioNano shall pay to PacBio a one-time payment of […***…] payable within […***…] after providing written notice to PacBio of the exercise of the Sequencing Field Option.

  • BioNano may extend its rights under the sublicense granted in Section 2.1, and if the Sequencing Field Option is exercised, the sublicense granted under Section 2.4, to one or more of its Affiliates who agree (or for whom BioNano agrees) to assume the same obligations of BioNano under this Agreement; provided that BioNano shall remain responsible to PacBio for such Affiliate’s compliance with the obligations under this Agreement which apply to such Affiliate.

  • Upon Takeda’s payment of the Field Option Fee for each such Additional Field pursuant to Section 7.4, the Field shall include such Additional Field(s).

  • BioNano may extend its rights under the sublicense granted in Section 2.1, and if the […***…] Field Option is exercised, the sublicense granted under Section 2.4, to one or more of its Affiliates who agree (or for whom BioNano agrees) to assume the same obligations of BioNano under this Agreement; provided that BioNano shall remain responsible to PacBio for such Affiliate’s compliance with the obligations under this Agreement which apply to such Affiliate.

  • However, in the event that the Sequencing Field Option has already been exercised at the time of the Acquisition, […***…]; otherwise, if and when the Sequencing Field Option is exercised after the Acquisition, the […***…].

  • In case such Shared Product is pursued for an Indication in an Additional Field under a Joint Development Plan or Joint Commercialization Plan, any payment under Section 3.8 of the LCA relating to such Shared Product shall be reduced by [**] percent ([**]%) and, in furtherance of Section 7.5(b) of the LCA, shall also be creditable in full and without regard to such [**] percent ([**]%) reduction against any Field Option Fee under Section 7.4 of the LCA relating to such Additional Field.

  • If Licensee exercises the Field Option with respect to any Additional Field pursuant to Section 2.5, Licensee shall pay Alnylam a fee (the “Field Option Fee”) of Fifty Million Dollars ($50,000,000) for each such Additional Field.

Related to Field Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Stock Index Option means an exchange traded option entitling the holder, upon timely exercise, to receive an amount of cash determined by reference to the difference between the exercise price and the value of the index on the date of exercise.

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

  • Share Option means a Nonqualified Share Option or an Incentive Share Option.

  • Employee Option means an Option granted pursuant to Section 5.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • Unvested Option means an Option in respect of which the relevant Vesting Conditions have not been satisfied and as such, the Option Grantee has not become eligible to exercise the Option.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Call Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities.

  • Incentive Option means an option which satisfies the requirements of Code Section 422.

  • Parent Stock Option means any option to purchase Parent Common Stock granted under any Parent Stock Plan.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

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

  • Vested Options means the Options that have vested in accordance with Section 2.2 of this Agreement.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Option Grant Date means, as to any Stock Option, the latest of:

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

  • Option Share has the meaning ascribed to it in section "4.7" hereinbelow;

  • Company Stock Option means any option to purchase Company Common Stock granted under any Company Stock Plan.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.