Examples of Eligible Compound in a sentence
To designate an Eligible Compound as a Development Candidate, the Party making such designation shall notify the other Party of such designation in writing and provide the other Party a clear description of the applicable Eligible Compound, including its chemical structure.
To complete the form of Compound License Agreement, the Parties shall: (i) fill in the effective date of the Compound License Agreement with the date of the notice provided under Section 3.3.1 above; and (ii) specify the Eligible Compound being designated as Development Candidate.
It is understood that once a notice of designation has been submitted in accordance with Section 3.3.1 above, then provided that such designation is otherwise compliant with the requirements of this Article 3, Ascentage shall be obligated to enter into a Compound License Agreement with respect to the applicable Eligible Compound.
Without limitation to the foregoing, the JSC shall adopt rules to ensure a timely and orderly process for the JSC to provide notices to the Parties as required hereunder, including the issuance of notices with respect to the selection of Eligible Compounds for the Eligible Compound Pool, the exercise of Picks by each Party and the achievement of Eligible Compound Pool Satisfaction from time to time hereunder.
SCHEDULE 1 PRELIMINARY DATA PACKAGE INFORMATION (TO BE REVIEWED AND FINALIZED BY THE JSC) In addition to the initial screening results for Eligible Compound: [***] SCHEDULES TO RESEARCH AND COLLABORATION AGREEMENT CONFIDENTIAL TREATMENT REQUESTED.
Except as otherwise agreed by Tularik in writing, neither JT nor its Affiliates or Sublicensees shall commercialize (or authorize the commercialization of) any Eligible Compound other than as a Product in accordance with this Agreement.
Tularik shall remove from the Tularik Library during the License Term each Eligible Compound that has been selected by JT pursuant to Section 3.7 up to an aggregate of [ * ] such Eligible Compounds.
Subject to Section 3.8, Tularik shall immediately remove from Tularik's library each Eligible Compound upon selection thereof by JT.
Anything in this Agreement to the contrary notwithstanding, any Eligible Compound for which JT has not made any required payment pursuant to Section 4.2 and/or 4.3 shall not be a Eligible Compound for the purpose of the foregoing assignment and licenses; provided, however, that [ * ].
If a Party fails to deliver such notice within the applicable period, such Party shall be deemed to have declined the right to exercise a Pick with respect to the applicable Eligible Compound Selection Period.