Option Negotiation Period definition

Option Negotiation Period has the meaning set forth in Section 6.12(a).
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Option Negotiation Period is defined in Section 10.5(e)(ii).
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Option Negotiation Period has the meaning assigned to such term in Section 4.4.2(a)(iii).
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Examples of Option Negotiation Period in a sentence

  • If the Parties cannot reach agreement on such tiered royalty rates during the Takeda Option Negotiation Period, either Takeda or Ultragenyx may seek a final decision regarding the royalty rates pursuant to binding arbitration as set forth in Section 16.3.

  • During the Takeda Option Negotiation Period for a Licensed Option Product or Ultragenyx Pipeline Product, the Parties will negotiate in good faith (for inclusion in the applicable Exercised Product License Agreement) tiered royalty rates on annual Net Sales of such Licensed Option Product or Ultragenyx Pipeline Product to be paid by Takeda to Ultragenyx during the Takeda Royalty Term.

  • Each floating holiday must be taken by the entire bargaining unit.

  • If the Parties cannot reach agreement on such commercially reasonable financial terms during the Takeda Option Negotiation Period, either Takeda or Ultragenyx may seek a final decision regarding the commercially reasonable financial terms pursuant to binding arbitration as set forth in Section 16.3.

  • Following the Rett Data Package Delivery Date, Xxxxxx shall promptly update the Rett Data Package during the remainder of the Rett Option Period, and any Option Negotiation Period with respect to the Rett Option, to incorporate any new information that would have been included in the Rett Data Package if such new information had existed as of the Rett Data Package Delivery Date , which updates shall be made [***] after generation or receipt of any such new information by Taysha or any of its Affiliates.

  • If the Parties are unable to enter into such an agreement by the end of the [***] of the applicable Option Negotiation Period, then (i) Astellas shall have the right, during the remainder of such Option Negotiation Period, to refer such matter for resolution by baseball arbitration in accordance with Exhibit D and (ii) if Astellas makes such referral, the Option Negotiation Period shall be deemed to continue until [***].

  • If the Parties are unable to enter into the Definitive Program License Agreement by the end of the Program License Option Negotiation Period, then, subject to subsection (b), below, Perspective may enter into an agreement with any third party for the Exploitation of products in the Program Option Field.

  • Upon execution of the License during the Option Negotiation Period, this Option shall terminate and all obligations of the parties hereunder shall cease.

  • Upon exercise by Panacela of an Option to a Non-Improvement Invention pursuant to Section 3.2, the Parties will negotiate in good faith for up to one hundred and eighty (180) days (“NII Option Negotiation Period”) an exclusive license agreement to such Non-Improvement Invention (“Optioned NII”) which exclusive license agreement shall include the non-financial terms of this Agreement with financial terms to be agreed upon by the Parties during the NII Option Negotiation Period.

  • If the Option Exercise Notice has not been given in a timely manner during the Option Exercise Period, of if the parties are unable to execute and deliver a mutually satisfactory License during the Option Negotiation Period, the Option with respect to any and all of the IP Rights shall terminate and be of no further force or effect, regardless of whether any such IP Rights were previously the subject of the Option Exercise Offer or other good faith negotiations of the parties.

Related to Option Negotiation Period

  • Negotiation Period has the meaning given in Clause 5.10;

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

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of (1) two years following such Change in Control or (2) the Executive’s death.

  • Second Extension Period means a period of twelve (12) consecutive months following the First Extended Maturity Date.

  • Start-up period means up to 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age range of the Academy will have some pupils present).

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

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

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

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Notification Period means a set period of time between the submittal of a Notice of Intent and the beginning of lead - based paint abatement activities (including all on-site worksite preparation).

  • Resolution Extension Period As defined in Section 2.03(b).

  • 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).

  • Affiliation period means a period which, under the terms of the health insurance coverage offered

  • Tail Period has the meaning set forth in Section 6.3(b).

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

  • Consultation Period means the period of sixty (60) days or such longer period as the Parties may agree, commencing from the date of issue of a TSP’s Preliminary Notice or a Nodal Agency’s Preliminary Termination Notice, as provided in Article 13 of this Agreement, for consultation between the Parties to mitigate the consequence of the relevant event having regard to all the circumstances;

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

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

  • Ramp-Up Period means the period commencing on the Closing Date and ending on the Effective Date.

  • Nomination Period means, in respect of a Nomination, the period from the Nomination Start Time to the Nomination End Time;

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

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

  • Objection Period has the meaning set forth in Section 2.4(d).

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

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

  • Rectification Period means the period of time set out in Section 4.3 of this RFP during which a Proponent will be permitted to rectify its Proposal to satisfy the mandatory submission requirements of this RFP.