Research Program Term definition

Research Program Term has the meaning set forth in Section 2.2.
Research Program Term means the term of the Research Program set forth in Section 2.2.
Research Program Term means the duration of the Research Program as it may be extended or terminated as described more fully in Section 2.10 and Article 8.

Examples of Research Program Term in a sentence

  • During the Research Program Term and the Washout Period, Merck shall have the exclusive right to select Compounds for further development and commercialization.

  • Upon execution of this Agreement, and on an ongoing basis during the Research Program Term, (a) Vertex shall disclose to Merck all Vertex Know-How not previously disclosed; and (b) Merck shall disclose to Vertex all Merck Know-How not previously disclosed.

  • During the Research Program Term and Washout Period, Merck shall be entitled, in its sole discretion, to exercise its Development Election with respect to any (1) Compounds not previously presented to it as a Development Candidate; and (2) Deferred Candidates.

  • Thereafter until the end of the Research Program Term, Vertex will commit [***] on an annualized basis.

  • Upon expiration of the Research Program Term and Washout Period, the rights of the Parties with respect to any Compounds and Deferred Candidates shall be as set forth in Section 8.5 of this Agreement.


More Definitions of Research Program Term

Research Program Term has the meaning set forth in Section 4.1.2.
Research Program Term means the period beginning on the Approval Date and, subject to Section 3.7, ending on the third anniversary of the Approval Date.
Research Program Term shall have the meaning set forth in Paragraph 3(a).
Research Program Term means the term of the Research Program set forth in Section 3.3.
Research Program Term means the two (2) year period starting on the Effective Date and ending on the second anniversary of the Effective Date. The Parties may mutually agree to extend the Research Program Term for an additional period, and the initial two-year term plus any agreed extension shall be referred to in this Agreement as the "Research Program Term."
Research Program Term has the meaning set forth in Section 3.2.
Research Program Term shall have the meaning set forth in Section 2.9.