Initial R&D Term definition

Initial R&D Term has the meaning set forth in Section 2.2(a).
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Initial R&D Term is defined in Section 4.4(a).
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Initial R&D Term means the first [***] of the Term.
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Examples of Initial R&D Term in a sentence

  • Merck may exercise such right by providing written notice to Moderna at [***] prior to the expiration of the Initial R&D Term and, subject to [***], the R&D Extension Term will automatically go into effect.

  • After the Initial R&D Term, this Section 12.2(b) shall apply on a Program-by-Program basis and “a material breach of this Agreement” for purposes of this Section 12.2(b) shall mean “a material breach of this Agreement with respect to the applicable Program”.

  • From time to time during the Initial R&D Term, either Party may nominate one or more Compounds to the JRC for consideration as a candidate for Development under a POC Development Plan (the “Development Candidate”).

  • If the Research and/or Development activities pertaining to one or more of the POC Studies with respect to one or more of the Compounds or Products from any of the Programs are expected to extend beyond December 31, 2018, Sanofi may elect in its sole discretion to extend the Initial R&D Term with respect to such Program.

  • Within thirty (30) days after each Calendar Quarter during the Initial R&D Term, Sanofi shall provide MyoKardia with a report setting forth the total Sanofi R&D Costs incurred by Sanofi during such Calendar Quarter in accordance with the Research Plan and/or POC Development Plan, including the budget set forth therein.

  • The Parties hereby establish a joint research committee (the “Joint Research Committee” or the “JRC”), which shall exist during the Initial R&D Term.

  • From time to time during the Initial R&D Term, subject to Section 9.4(a), MyoKardia may request that Sanofi carry out certain substitute or additional Research activities.

  • For example, if between the Effective Date and December 31, 2016, Sanofi incurs [***] Dollars ($[***]) of Sanofi R&D Costs, and between December 31, 2016 and December 31, 2017, Sanofi incurs [***] Dollars ($[***]) of Sanofi R&D Costs, then subject to Section 9.4(b)(ii), between December 31, 2017 and the expiration or termination of the Initial R&D Term, Sanofi may incur up to [***] Dollars ($[***]) of Sanofi R&D Costs.

  • If the Initial R&D Term is extended as described under this subsection, Sanofi shall reimburse such Pre-POC Development Costs incurred by or on account of MyoKardia after January 1, 2019 in accordance with Section 9.5(a) applied mutatis mutandis.

  • During the Initial R&D Term, any termination under this Section 12.2(b) shall solely be with respect to this Agreement in its entirety.

Related to Initial R&D Term

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Initial Term has the meaning set forth in Section 7.1.

  • Collaboration Term shall have the meaning set forth in Section 2.3.1.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Extended Term shall have the meaning given such term in Section 2.4.

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

  • Fixed Term shall have the meaning given such term in Section 2.3.

  • (3) PROGRAM.—The term program’ means

  • Service & Term XOOM Energy Ohio, LLC (“XOOM” or “Company”) agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The Term of this Agreement will begin on the next available meter read date after processing of the request by XOOM and your gas utility, and will continue for the Contract Term as set forth in the accompanying Contract Summary, which is incorporated into this Agreement. Acceptance into the Program:These terms and conditions are subject to your acceptance into the program by both XOOM and your local utility. You will be promptly notified if you are not accepted into the program. Switching fees may apply to you under your local utility’s tariff if you are accepted into the program by both XOOM and your local utility.