Initial Development Term definition

Initial Development Term means the period commencing on the Effective Date and ending on the earlier of (a) the date specified by Gilead via written notice to Jounce and (b) the date of IND Clearance of the Lead Product.
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Initial Development Term means the period beginning on the Effective Date and ending on the later of (a) the completion of the activities under the Initial Development Plan and (b) the Delivery Date for the Initial Development Data Package.
Sample 1
Initial Development Term shall have the meaning assigned to such term in Section 2.1.
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Examples of Initial Development Term in a sentence

  • Notwithstanding the foregoing, if during the Initial Development Term, either Party or its Affiliates wishes to pursue a new program that falls within the exclusivity obligations above (whether alone or with a Third Party), then such Party shall first offer to include any such program under the Collaboration.

  • From and after the end of Initial Development Term, AbbVie shall use Commercially Reasonable Efforts to Develop, seek and obtain Regulatory Approval of, and Commercialize at least one (1) Licensed Product in at least two (2) Indications in the United States and at least three (3) of the Major European Markets.

  • After the end of the Initial Development Term, subject to the terms and conditions of this Agreement, Gilead will have the sole right and responsibility to conduct all Development activities for the Lead Product, subject to any mutually agreed role for Jounce as part of the Transition Plan.

  • An initial written plan for the Development of the Lead Product during the Initial Development Term is attached hereto as Schedule 3.2 (the “Development Plan”).

  • During the Initial Development Term, I-Mab shall perform the Development activities set forth in the Initial Development Plan (the “Initial Development Activities”) in accordance with the terms thereof; provided that with respect to any timeline for the Initial Development Activities set forth in the Initial Development Plan, I-Mab shall use Commercially Reasonable Efforts to achieve such timeline.

  • Subject to Section 2.3, during the Initial Development Term, Jounce will have sole responsibility for both of its internal and external costs related to the Development of the Lead Product.

  • During the Initial Development Term, I-Mab shall be solely responsible for all costs to conduct the Initial Development Activities, subject to Section 9.2.3(a).

  • Arguing asR Lin the proof of the preceding result, one obtains that K⊗RW is finitely built from RRΓI (M ).

  • Subject to the terms and conditions of this Agreement, during the Initial Development Term, Jounce will be responsible for preparing and submitting to the FDA, and will, itself or with or through its Affiliates or other Third Parties, prepare and submit to the FDA, the IND and all other Regulatory Materials for the Lead Product.

  • Beginning [***] months following the end of the Initial Development Term, Gilead will submit to Jounce, [***] a written report summarizing Gilead’s Development activities with respect to the Licensed Products pursuant to this Agreement (each, a “Development Report”) since the date of Gilead’s delivery of the prior report, and, with respect to the first of such reports, since the Effective Date.


More Definitions of Initial Development Term

Initial Development Term is defined in Section 5.5.
Sample 1
Initial Development Term means the period from the Effective Date through the fourth (4th) anniversary thereof.
Sample 1

Related to Initial Development Term

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Project Term the period from the Operation Commencement Date to the Expiry Date or the Termination Date, whichever occurs first, which is further described in Clause 3;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Research Term has the meaning set forth in Section 3.2.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Development Phase means the period before a vehicle type is type approved.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Collaboration Term has the meaning set forth in Section 2.2.

  • Research Program Term has the meaning set forth in Section 2.2.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Research Period means the research period as described in the Commissioned Research Plan. In accordance with the provisions of this Agreement, in the event that the Agreement ended prior to the completion date of the research originally set, the date the Agreement ends shall be read as the research period.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Joint Development Agreement has the meaning provided in Section 5.3.