Transfer Completion Date definition
Examples of Transfer Completion Date in a sentence
If the Alkermes 8700 Product 505(b)(2) NDA approval is obtained on or prior to December 31, 2021, then within [**] days after the Transfer Completion Date, Biogen will make a one-time, nonrefundable and non-creditable payment to Alkermes in the amount of One Hundred Fifty Million U.S. Dollars (US$150,000,000).
To the extent a delay in the Target Technology Transfer Completion Date is attributable to an act or omission of Therapure that is not otherwise caused by an event or circumstance beyond Therapure’s control, then Therapure shall compensate Insmed at a rate equal to $[***] per week that the Target Technology Transfer Completion Date is so delayed.
Subject to the Agreed Security Principles, on the Transfer Completion Date, the Company shall ensure that it and the Lux Holdco shall become a Guarantors and, in connection therewith, to deliver such agreements, instruments, certificates and opinions of counsel as may be required to evidence the respective guarantee of the Notes.
If Licensee is manufacturing Drug Product following the Technology Transfer Completion Date, Ovid may request, and Licensee or Licensee Affiliate will supply Drug Product to Ovid, on the same terms as set forth above, pursuant to a mutually agreed supply agreement.
Similarly, subject to the satisfaction of the Conditions, XOMA Ireland consequently releases SERVIER from any and all obligations towards XOMA Ireland under the Loan Agreement as of the Transfer Completion Date.