Research and Development Term definition

Research and Development Term means the research and development stage of the Business Plan, which stage shall be deemed terminated upon the first commercial launch of a Product by Newco.

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Research and Development Term means the period beginning upon the Effective Date and ending upon the earlier of (i) the exercise of the last Option Right available for exercise, or (ii) the expiration of the Option Period for the last Collaboration Target available for exercise.

Research and Development Term means the period commencing on the Effective Date and continuing for a period of [*] thereafter, or as extended by agreement of the Participants, up to an aggregate of [*]; provided, however, that if a Participant shall be prevented by (i) events beyond the Participants' control, or (ii) by such Participant's delay or negligent act or omission, from performing its obligations under the Definitive Documents within said [*] period (or as extended), then the other Participant at its option, may extend the duration of the Research and Development Term by a term equal in length to the period during which the first Participant was unable to perform its obligations hereunder;

Examples of Research and Development Term in a sentence

After the Research and Development Term the JDC shall meet once per Calendar Quarter, provided that if there is no on-going development for either Program 2 or Program 4, the JDC shall meet twice per Calendar Year.
Promptly upon expiry of the Research and Development Term, each Party shall provide a final written report to the JRC summarizing its activities under the Research Plans and the results thereof.
During the Research and Development Term, the venue for the meetings shall be agreed by the JRC or JDC, as applicable.
Subject to the terms and conditions of this Agreement, Roche hereby grants to BPM a non-transferable (except as provided in Section 23.4), sublicensable (subject to Section 2.3.2), non-exclusive license under Roche Know-How and Roche Patent Rights for BPM to perform its research activities under the Research Plans and development activities under the Phase I Plans, in each case in the Field and during the Research and Development Term.
At least quarterly during the Research and Development Term, (i) BPM shall prepare and provide to the JRC a detailed summary of the progress of the work performed by BPM under the Research Plans during the preceding Calendar Quarter and (ii) Roche shall update the JRC with a detailed summary of the progress of the work performed by Roche under the Research Plans during the preceding Calendar Quarter.
Promptly upon expiry of the Research and Development Term, each Party shall provide a final written report to the JDC summarizing its activities under the Phase I Plans and the results thereof.
Subject to the terms and conditions of this Agreement, BPM hereby grants to Roche a non-transferable (except as provided in Section 23.4), sublicensable (subject to Section 2.3.1), non-exclusive license under BPM IP and Collaboration Compound IP for Roche to perform its research activities under the Research Plans and development activities under the Phase I Plans, in each case in the Field and during the Research and Development Term.
It is contemplated that TGEN, either as agent for Newco or through its representatives on the Management Committee, shall, during and after the Research and Development Term, locate and negotiate with Independent Third Party development and/or marketing partners for the Product(s), and Elan and Newco agree to refer all inquiries and prospects to TGEN for such purposes.
During the Research and Development Term, EIS and TGEN shall provide to Newco, by way of an unconditional capital contribution to Newco up to an aggregate maximum amount of $15,000,000, such funding to be provided on a pro rata basis in accordance with their respective ownership interest in Newco (i.e., initially, 80.1% by TGEN and 19.9% by EIS).
The TGEN License shall be nonexclusive to Newco during the Research and Development Term, and thereafter during the License Term shall be exclusive to the extent applicable to the Commercialization (i) of a Product or Products which has (have) been successfully developed by Newco during the Research and Development Term, and (ii) of any Product containing the same Gene that would be competitive (i.e., directed at the same indication) with any Product being Commercialized by Newco.

More Definitions of Research and Development Term

Research and Development Term shall refer to the period of time from the date hereof until the third anniversary of the date hereof.

Research and Development Term means shall mean the period commencing on the Closing Date and continuing for a period of [ * ] thereafter.

Research and Development Term means shall mean the period

Research and Development Term means the period commencing on the Closing Date and continuing for a period of [*] thereafter, or as * Confidential Treatment Requested extended by agreement of the Participants, up to an aggregate of [*]; provided, however, that if a Participant shall be prevented by (i) events beyond the Participant's control, or (ii) by such Participant's delay or negligent act or omission, from performing its obligations under the Transaction Documents within said [*] period (or as extended), then the other Participant at its option, may extend the duration of the Research and Development Term by a term equal in length to the period during which the first Participant was unable to perform its obligations hereunder.

Research and Development Term means the period of [**] months immediately following the Closing Date.

Research and Development Term shall have the meaning set forth in Section 8.1.