Option Negotiation Period definition

Option Negotiation Period has the meaning set forth in Section 6.12(a).
Sample 1Sample 2Sample 3
Option Negotiation Period is defined in Section 10.5(e)(ii).
Sample 1Sample 2Sample 3
Option Negotiation Period has the meaning assigned to such term in Section 4.4.2(a)(iii).
Sample 1

Examples of Option Negotiation Period in a sentence

  • 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.

  • 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.

  • In the event, the Parties are unable to come to terms during the Option Negotiation Period, the Parties may terminate negotiations regarding such license and Poseida shall have no further obligations and Xxxxxxx shall have no further rights with respect to such Option.

  • Prohibited and conditional medications are listed in Table 1.Table 1.

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

  • The Option, the Option Exercise Period and the Option Negotiation Period will terminate immediately if either party is the subject of a bankruptcy, insolvency, or similar legal process or event or is unable to pay its debts as they become due.

  • 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.

  • Negotiation Period, PENINSULA shall not enter into an agreement with any third party with respect to such Option Countries unless the terms and conditions of such agreement, when taken as a whole, are better in PENINSULA's reasonable judgement for PENINSULA than the terms and conditions last offered by PENINSULA to TAKEDA during the Option Negotiation Period, without first offering such terms to TAKEDA for TAKEDA's consideration and possible acceptance.

  • 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 Tenant shall fail to timely deliver written notice of its election within such five (5) Business Day period following the Renewal Option Negotiation Period, Tenant shall be deemed to have elected to withdraw its exercise of the Renewal Option, whereupon Tenant shall have no further right to extend the Lease Term pursuant to this Article.

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 the period of one (1) Contract Year commencing immediately after the end of the First Extension Period.

  • Start-up period means up to a maximum of 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).

  • Mediation Period shall have the meaning set forth in Section 10.2.

  • 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 begins on the Effective Date and ends after three (3) full months. At all times during the Ramp period, Customer will receive the rates, discounts, charges and credits in the agreement and will not be subject to an AVC. Annual Volume Commitment (“AVC”): Customer agrees to pay Company no less than $2,836,000 in Total Service Charges in each twelve-month period during the Initial Term (“Contract Year”), which is the Annual Volume Commitment (“AVC”).

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

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

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • 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.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • 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).