License Option Period definition

License Option Period means a period of ten (10) Contract Years commencing on the Effective Date.
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License Option Period means with respect to each UCB Reserved Protein, the period commencing on the date on which UCB receives all of the Evaluation Materials for such UCB Reserved Protein, and continuing for *** thereafter, as such period may be extended pursuant to Section 4.3.2.
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License Option Period means the time period commencing upon the date Voyager delivers to AbbVie the first complete Final Development Report with respect to a Selected Research Compound, and ending [**] after the date Voyager delivers to AbbVie the complete Final Development Report with respect to the last Selected Research Compound, during which time AbbVie shall have the right to exercise the License Option; provided, however, that if any such Final Development Report delivered by Voyager to AbbVie is not complete, such time period shall not end until [**] after the date Voyager has provided AbbVie a complete Final Development Report for each such Selected Research Compound.
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Examples of License Option Period in a sentence

  • During the License Option Period, University agrees that it will not offer its rights in University Inventions or Joint Inventions to any third party or negotiate with third parties with respect to those rights.

  • If the parties fail to enter into a license agreement within the License Option Period under the provisions of this Section 7.1, University rights in University Inventions and Joint Inventions shall be disposed of in accordance with University policies with no further obligations to Sponsor.

  • Based on the criteria set forth in (i) and (ii) above, the parties shall determine in good faith the exact scope of the Target by mutual written agreement, subject to modification from time to time during the License Option Period in the same manner.

  • All such Target Reservations shall expire upon expiration of the License Option Period, unless earlier terminated as provided in this Agreement.

  • My card will be billed the same day as my scheduled telemedicine appointment.

  • Unless terminated earlier by mutual written agreement of the parties or pursuant to Section 13.2, this Agreement shall expire on the later of: (a) the end of the License Option Period and (b) the date of expiration of the last Royalty Term for any Product to expire in any country in the Territory.

  • Such exclusive right shall be in effect from the date Abboxx xxxrcises each Target Reservation until the end of the License Option Period, but only so long as the Target Reservation remains in effect.

  • AbbVie may exercise the License Option for a Selected Research Compound and corresponding Selected Research Product during the License Option Period by, subject to Section 3.4, providing an Exercise Notice relating thereto to Voyager during the License Option Period.

  • Such option shall be exercisable by FivePrime, in its sole discretion, by providing UCB with written notice to that effect at any time during a period of *** days after the expiration of the relevant License Option Period.

  • During the License Option Period (including as it may be extended) with respect to a particular UCB Reserved Protein, UCB shall have the right to evaluate such UCB Reserved Protein, and FivePrime shall reasonably cooperate with UCB in such evaluation at UCB’s request and expense.


More Definitions of License Option Period

License Option Period means the period commencing on the Effective Date and ending three (3) months following the completion of the End-of-Phase 2 meeting (as defined in 21 CFR 312.47) between Aelis and FDA relating to the Option Study 1.
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License Option Period shall have the meaning set forth in Section 2.
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License Option Period means with respect to a particular FTE Group Invention, a period of [*] from the date that the Representative Institution provides written notice to Olympus pursuant to Section 3.3 (a) concerning such FTE Group Invention.
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License Option Period has the meaning set forth in Section 3.2.3.
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Related to License Option Period

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Option Period means the period during which an Option may be exercised.

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

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • License Term means the duration of a License as specified in the Order.

  • Royalty Term means, with respect to each country in the Territory, the period of time commencing on the date of the First Commercial Sale in that country and continuing until the later of (a) the expiration of the last to expire Valid Claim in that country covering the manufacture, use or sale of such Licensed Product in such country, or (b) ten (10) years from the date of the First Commercial Sale in that country.

  • Licensing Period means the Initial Licensing Period or any Subsequent Licensing Period, as the context shall require;

  • Renewal Option has the meaning set forth in §12.1.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • ROFO Period is defined in Section 6.1(a).

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

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Recapture Period means the period commencing on the Effective Date and ending on the fifth anniversary of the last date that a Project owned by the Company is Placed in Service.

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

  • Purchase Option Notice As defined in Section 3.18(e).

  • Transferable development right means a right to develop and use land that

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • License year means the period of time for which a

  • Option Exercise Period has the meaning set forth in Section 6.4.

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Renewal Period the period described in clause 13.1.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.