Option Exercise Fee definition

Option Exercise Fee has the meaning set forth in Section 5.3.

Option Exercise Fee shall have the meaning set forth in Section 10.2.

Option Exercise Fee. The fee set forth in Section 4.05(c).

Examples of Option Exercise Fee in a sentence

• The Option Exercise Fee is to be paid by GSK to CureVac within [*****] after receipt of an invoice from CureVac, with supportive documentation reasonably detailing the development (including regulatory) costs and expenses incurred by CureVac.

• The Parties agree that the payments received by CureVac under the [*****] Agreement and the [*****] Agreement are made as a pre-payment of consideration for the future supply of vaccines under the [*****] Agreement and [*****] Agreement, as applicable, and shall therefore not be considered for the calculation of the Option Exercise Fee.

• In the event Sanofi elects to exercise its Development and Commercialization Option as to a particular Candidate Compound, Sanofi will, no later than the close of business on the last day of the Research Term, deliver to Rib-X (i) a written notice specifying that Sanofi has elected to exercise its Development and Commercialization Option as to such Candidate Compound (the “Option Exercise Notice”) and (ii) payment in full of the Option Exercise Fee for such Candidate Compound.

• In such case, Celgene shall, within [***] ([***]) days after the effective date of the Global License Agreement for such Program, pay to Prothena a non-refundable payment (except as otherwise set forth in Section 3.2.5) in the amount of the Phase 1 Option Exercise Fee for such Program.

• Subject to the terms of this Article 3, Merck has the option (the “Option”), during the Option Notice Period, to select any Additional Field and, upon such selection and payment by Merck of the Option Exercise Fee as set forth in Section 3.4, that Additional Field will constitute a Field.

More Definitions of Option Exercise Fee

Option Exercise Fee has the meaning given to it in the SAR Contract.

Option Exercise Fee means the fee payable by GSK on exercise of an Option as set out in Section 6.2.

Option Exercise Fee is defined in Section 4.3.

Option Exercise Fee is defined in Section 2.2(b).

Option Exercise Fee has the meaning set forth in the Development and Option Agreement.

Option Exercise Fee has the meaning given in Section 3.1 of this Agreement.

Option Exercise Fee means the fee applicable to Allergan’s exercise of an Option, as set forth in the table in Section 6.3.