Initial Development definition

Initial Development means that during the auditing period, NPD has taken meaningful steps toward achieving compliance with a Consent Decree requirement that is not yet scheduled for completion. Initial Development will be noted only if NPD’s efforts are consistent with established timeframes in the Monitoring Plan or Consent Decree. Where NPD was expected to have achieved at least Initial Development during the auditing period, and has not, NPD has been found not to be in compliance.
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Initial Development shall have the meaning set forth in Article 3.1(c).
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Initial Development is as defined in Article 2.1(a) below.
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Examples of Initial Development in a sentence

  • Upon Celgene’s exercise of an Option, the initial Development Plan/Budget proposed by Acceleron (including the proposed Initial Development Diseases), with such changes as are determined by Celgene, in its sole discretion, shall be deemed part of the Development Plan/Budget and deemed approved by the Joint Development Committee.

  • The Initial Development Plan shall be provided by Licensee to Mount Sinai within thirty (30) days of the Effective Date and become a part of this Agreement upon the written consent of the Parties.

  • It is the GOI’s position that the contractor group is in breach of the PSC for the D6 Block due to the failure to drill all of the wells and attain production levels contemplated in the Addendum to the Initial Development Plan (“AIDP”) for the Dhirubhai 1 and 3 fields and therefore, the GOI asserts that certain costs should be disallowed for cost recovery.

  • Such cooperation shall include, without limitation, consulting with Sunesis in good faith regarding the Initial Development Plan, and the financial, scientific and regulatory assumptions reflected therein.

  • The Initial Development Plan shall serve as the Development Plan for the first full Calendar Year of this Agreement and the period from the Effective Date through the end of the initial partial Calendar Year.


More Definitions of Initial Development

Initial Development means that portion of the DEVELOPMENT PLAN up to and including the completion of a stochastic curtailment analysis of the ongoing PHASE III study for the LEAD INDICATION according to the DEVELOPMENT PLAN.
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Initial Development means the Aurinia Initial Development and the Otsuka Initial Development.
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Initial Development means the real property referred to in Section 2.1 below.
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Initial Development or “Initial Phase” means the first phase of new building construction that results in Net New Development within Blocks A-E.
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Initial Development means the (a) Substantial Completion of the infrastructure and Improvements described on Exhibit D attached hereto, and (b) pulling of the building permits for the Required Improvements and completion of the other project-related requirements described on Exhibit D attached hereto, all by the fifth (5th) anniversary of the Commencement Date, and all subject to Unavoidable Delay.
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Initial Development shall have the meaning set out in Section 4.2.
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Initial Development. Project shall mean the development of the Initial Products under the terms of Section 4 below.
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