Global Development Plan definition
Examples of Global Development Plan in a sentence
The Global Development Plan will include sufficient detail for the Parties through the JSC to develop a Territory Development Plan and for Otsuka to substantially conform its and its Affiliates’ and Sublicensees’ Development of the Licensed Product in the Field in the Territory to such Global Development Plan.
To the extent that 4DMT updates a Global Development Plan during the Term, Otsuka can update the Territory Development Plan and conform its Development activities to substantially conform to the updated Global Development Plan, subject to Section 3.5(a), at Otsuka’s sole discretion.
Each Party shall keep the other Party reasonably informed as to the progress and results of its, its Affiliates’, and its Contractors’, and with respect to Otsuka, its Sublicensees’, Development of the Licensed Product, including, with respect to Otsuka, Otsuka Development Activities, and with respect to 4DMT, 4DMT Development Activities and all material Development activities under the Global Development Plan.