Examples of Joint Development Work in a sentence
The Parties agree to use firewalls and password protection to limit access to Confidential Information (such as recipe details) on any equipment being used in connection with the Joint Development Work to those individuals with proper permission.
With respect to all Joint Development Work, the Non-Proposing Party shall be responsible for reimbursing the Proposing Party for [ * ] percent ([ * ]%) of the aggregate Joint Work Costs in accordance with Section 7.2.1.
The other Party shall pay the amount invoiced within [*] after the receipt of the invoice, subject to the other Party’s right to audit the invoicing Party’s records and books related to such costs as provided in Section 9.4. If both Parties will perform Joint Development Work under the Development Plan in such Calendar Quarter, the Parties shall consolidate the payments for such Calendar Quarter into a single payment from one Party to the other Party, as applicable.
With respect to Joint Development Work, Kissei shall bear one hundred percent (100%) of all Development Costs (including Allowable Increases) for Joint Development Work pertaining to the Kissei Territory and Rigel shall bear one hundred percent (100%) of all Development Costs (including Allowable Increases) for Joint Development Work pertaining to the Rigel Territory, in each case as set forth in the Development Plan.
On a [ * ] basis during the Term, and subject to the terms set forth in this Section 4.13 and Applicable Laws, each Party shall provide to the other Party, to the extent not already provided and at no additional cost to such other Party, copies of all Data generated by or on behalf of the Party with respect to and in the course of conducting Joint Development Work.
Notwithstanding Section 4.2(b), the Parties shall discuss, through the JSC, potentially conducting Phase 3 Clinical Trials for IgAN so as to meet the common requirements of the FDA and PMDA and, if the JSC agrees to a protocol and study plan for such a Phase 3 Clinical Trial that meets the foregoing requirements, such Phase 3 Clinical Trial shall be deemed Joint Development Work.
To the extent that the Parties have agreed to share the Joint Work Costs or the Non-Proposing Party performs and pays for any Joint Development Work, then the reconciliation and invoicing of Joint Work Costs shall apply mutatis mutandis.
Each Party shall have the right to use and reference, without additional consideration, any and all Data generated by or on behalf of the other Party (including by any licensee of Rigel and any Sublicensee of Kissei) under the Joint Development Work, for obtaining and maintaining Regulatory Approval for the Products and otherwise Commercializing the Products in the referencing Party’s territory in accordance with the terms of this Agreement, subject to Section 2.10 and Section 5.1(b).
In the event that the Parties agree to jointly conduct the work set forth in the Development Proposal (the “Joint Development Work”), the costs of such Joint Development Work (the “Joint Work Costs”) will be shared by the Parties as set forth below in Section 4.6(b)(i).
The Party receiving the Data from the other Party’s performance of the Joint Development Work shall have the right to use and reference any and all such Data to obtain and maintain Regulatory Approval for the Licensed Products and otherwise Commercialize the Licensed Products in its respective territory in accordance with the terms of this Agreement.