Optimization Period definition

Optimization Period is an optional period not to exceed sixty (60) days or mutually agreed upon by the Parties, wherein the Equipment is prepared for the Acceptance Test.
Optimization Period means that portion of the R&D Period following the POP Period. For clarity, the R&D Period shall last until the last Initial Product exits either of the foregoing two periods, unless either the R&D Period or the Agreement in whole is terminated earlier under ARTICLE X, by Field or in whole (with the consequences set forth in ARTICLE VI.A.1 and ARTICLE VI.A.3).

Examples of Optimization Period in a sentence

  • If a dispute arises between Array and ICOS or with respect to matters other than the management of the Optimization Program, either during or after the Optimization Period, such dispute will be referred to the appropriate senior management in the area of the dispute.

  • Optimization Compounds, their structures and best methods of synthesis and manufacture developed during the Optimization Program shall be made available only to ICOS for research or application to any Optimization Target, within or outside the Collaboration, during the Optimization Period, and Array shall not work on or provide information regarding such Optimization Compound to any Third Party, except to take any steps necessary to protect ICOS's exclusivity hereunder.

  • ICOS may request that Array expand its Project Team during the Optimization Period in order to match the work on Active Targets.

  • The Optimization Document for such Initial Product shall include the work to be performed and the costs associated therewith (including the Optimization Payments during the Optimization Period for such Initial Product).

  • Within [*] following the completion of the Optimization Document for an Initial Product (and no later than [*] after the end of the [*] ) (such [*] , the “JJC Consideration Period”), JJC shall determine in its sole discretion whether it desires to enter into the Optimization Period for such Initial Product based on the Optimization Document agreed to by the Parties during the [*] .

  • ICOS may request that Array expand or contract its Project Team during the Optimization Period in order to match the work on Active Targets; provided that the Project Team shall not be less than [ * ] except by agreement of Array.

  • After the end of the applicable R&D Period, the Initial Product, in the form as of the end of the applicable Optimization Period, shall be treated as the final Initial Product for purposes of this Agreement.

  • At all times during the Optimization Period, ICOS shall make payments to Array for direct research support for its Project Team, which shall initially consist of [ * ] of Array, unless determined otherwise under Section 7.1(b).

  • The cost of the activities to be conducted by Palomar during the Optimization Period is a rough estimation and not final.

  • Upon any such termination of the Liens and release of Collateral, the Collateral Agent will, at the expense of the Borrower, execute and deliver to the Borrower such documents as the Borrower shall reasonably request to evidence the termination of the Liens and the release of the Collateral.


More Definitions of Optimization Period

Optimization Period means the term of the Optimization Program as provided in Section 8 of this Agreement.

Related to Optimization Period

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Promotion Period means the period the Promotion is open, as specified in clause 5.1.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

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

  • Exploration Period means the period mentioned in Article 3 during which Exploration Operations may be carried out by the Contractor as provided in Article 3 hereof.

  • Marketing Period means the first period of 21 consecutive business days throughout and on the last day of which (a) Parent, Merger Sub and their financing sources shall have received completed Offering Documents including Required Information (including the Required Information with respect to the Company’s fiscal year ended January 25, 2010) for all of the Available Financing, and such Required Information contained in all of the Offering Documents is Compliant, (b) all conditions set forth in Section 6.1 and Section 6.2 (other than those that by their nature will not be satisfied until the Effective Time) have been satisfied and nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 6.1 or Section 6.2 not to be satisfied assuming the Effective Time were to be scheduled for any time during such consecutive 21 business day period, and (c) the Company shall have provided all cooperation which it is obligated to provide under the terms of Section 5.5. Notwithstanding the foregoing, the “Marketing Period” shall not commence and shall be deemed not to have commenced if, on or prior to the completion of such consecutive 21 business day period, (x) the Company shall have announced any intention to restate any financial statements or financial information included in the Required Information or that any such restatement is under consideration or may be a possibility, in which case the Marketing Period will be deemed not to commence unless and until such restatement has been completed and the applicable Required Information has been amended or the Company has announced that it has concluded that no restatement shall be required, (y) the Company shall have failed to file any report with the applicable Securities Authorities when due, in which case the Marketing Period will be deemed not to commence unless and until all such reports have been filed, or (z) the Required Information would not be Compliant throughout and on the last day of such 21 business day period, in which case a new 21 business day period shall commence upon Parent, Merger Sub and their financing sources receiving updated Required Information that would be Compliant, and the requirements in clauses (a) and (b) above would be satisfied throughout and on the last day of such new 21 business day period. In no event may a “Marketing Period” commence any later than July 27, 2010, unless at Parent’s election a Marketing Period commenced after such date terminates no later than August 24, 2010.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Contract Transition Period means the 90 day transition as defined in Section F of this Contract.

  • 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.

  • Planning Period means the 12 moths beginning June 1 and extending through May 31 of the following year, or such other period approved by the Members Committee.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Monitoring Period means the period from the Launch Date to the Valuation Date (both dates including) at such point in time at which the Reference Price of the Underlying is determined and published..

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Completion Period means the period starting from the date of issue of "Order" and required to complete the work in all respect.

  • Transition Period means the period beginning with the Registration Date and ending as of the earlier of: (i) the date of the first annual meeting of stockholders of the Company at which directors are to be elected that occurs after the close of the third calendar year following the calendar year in which the Registration Date occurs; and (ii) the expiration of the “reliance period” under Treasury Regulation Section 1.162-27(f)(2).

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • Shift Cycle means the period of time when the shift schedule repeats itself. In those instances where the schedule does not repeat itself, the term "Shift Cycle" shall be understood to mean a period of time not exceeding twelve (12) weeks.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Remediation Period has the meaning specified in Section 8.2(a);

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.