Examples of ROFN Product in a sentence
The Parties acknowledge and agree that RELIANT’s rights as set forth in this Section 10 are independent rights which RELIANT may exercise separately, and for which the obligations set forth in this Section 10 shall apply separately, for each ROFN Product.
If either Servier does not provide such written notice within ten (10) days or the Parties fail execute a ROFN Product Agreement for such ROFN Product within ninety (90) days of the ROFN Election Notice, then Sorrento shall be free to enter into a partnering agreement with a Third Party and otherwise shall have no further obligation to Servier.
In the event RELIANT does not exercise its right of first negotiation under Section 10.1 prior to the expiration of the Offer Period, PRONOVA shall be free to offer to any third party, the right to participate in the development and commercialization of the ROFN Product in the Territory provided that the third party accepts terms and conditions, which taken as a whole are as favorable or more favorable to PRONOVA than those set forth in the Offer Notice.
Following the completion of IND-enabling toxicology studies for a ROFN Product and in all events prior to the filing of an IND for such ROFN Product, Pfenex shall provide to Jazz the ROFN Data Package for such ROFN Product.
Pfenex shall keep Jazz reasonably informed of material research and development activities with respect to each ROFN Product through the regular meetings of the JDC, including by providing summaries in reasonable detail of any material data generated in connection with such activities.