Terminated Product definition

Terminated Product has the meaning set forth in Section 11.3.1.

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Terminated Product means (a) in the event of a termination of this Agreement by Company pursuant to Section 10.3.2 (Discretionary Termination), the applicable terminated Products and (b) in the event of any other termination of this Agreement, all Products.

Terminated Product means: (a) in the case of termination of this License Agreement with respect to a Product pursuant to Section 12.2 or Section 12.3, the Product subject to such termination and the applicable MPAG Compound therein; and (b) in the case of termination of this License Agreement in its entirety, all Products in all countries in the Territory.

Examples of Terminated Product in a sentence

If the development of a Product is terminated under this Agreement (“Terminated Product”) for any reason and another Product is developed under this Agreement and then achieves an event giving rise to a milestone payment, such milestone payment shall not be made if it had previously been made with respect to the Terminated Product.
If BI recalls or withdraws a Product, and BI does not use Diligent Efforts to reintroduce such Product, after the initial recall or withdrawal, then upon written notice to BI, Vitae shall have the right, but not the obligation, to terminate this Agreement with respect to such Product in any market in which such Product was recalled or withdrawn; and such Product shall be deemed a Terminated Product.
Neither Party will have any further obligations under ARTICLE 4 of this Agreement insofar as it relates to a Terminated Product and the Terminated Target.
If not exercised prior to the date of termination, Novartis’ Option will terminate with respect to any Terminated Product.
In the event the activities under a Research Plan are terminated for any reason, all research thereunder shall cease and the applicable Option Product or [***] Product will be deemed to be a Terminated Product.

More Definitions of Terminated Product

Terminated Product has the meaning set forth in Section 13.9.1 (All Termination Events).

Terminated Product shall have the meaning assigned thereto in Section 14.3.

Terminated Product means any: (a) Option Product for which an Option Product License Agreement has not been executed during the Option Negotiation Period in accordance with Section 6.12(a); (b) Research Product terminated pursuant to Section 6.7(d) or 18.5; (c) Licensed [***] Compound or Licensed [***] Product that reverts to Takeda pursuant to Section 4.3(f); or (d) Licensed Product or Research Product terminated pursuant to Section 15.2, 15.4 or 15.5.

Terminated Product means any product containing a Bi-Specific Construct within a Terminated Program that was a Licensed Product as of the effective date of termination.

Terminated Product has the meaning set forth in Section 10.3(a).

Terminated Product means one or several Product(s) for which this Agreement has been terminated pursuant to Section 20.2, depending on whether the Agreement has been terminated in its entirety or on a Product-by-Product basis.

Terminated Product has the meaning set forth in Section 3.1.4 of the Collaboration Agreement.