Examples of Initial Research Term in a sentence
The Research Program Term will include the Initial Research Term and any Annual Extension Periods thereof pursuant to Section 2.9 below.
The Initial Research Term will commence upon the Effective Date and continue for a period of [*] years, unless the Research Program Term is terminated prior thereto in accordance with the Early Termination provisions set forth below.
If Agouron agrees to continue to fund FTE support and Core Research Support for Ibis a level agreed upon by the JRC, then Agouron may extend the Research Program Term beyond the Initial Research Term on a year-to-year basis ("Annual Extension Period").
The term of the Research Program shall commence on the Effective Date and shall end upon the date four(4) years after the Effective Date (the “Initial Research Term”), provided that if Juno exercises the Extension Option as set forth below, then the term of the Research Program shall be extended for an additional two (2) years (the “Extended Research Term”) (the Initial Research Term together with the Extended Research Term, if applicable, the “Research Term”).
Expect as otherwise provided herein, the term of the Research Program shall commence on the Effective Date and continue for a period of three (3) years (the "Initial Research Term").