Research and Development Term definition

Research and Development Term means the research and development stage of the Business Plan, which stage shall be deemed terminated upon the first commercial launch of a Product by Newco.
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Research and Development Term means the period beginning upon the Effective Date and ending upon the earlier of (i) the exercise of the last Option Right available for exercise, or (ii) the expiration of the Option Period for the last Collaboration Target available for exercise.
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Research and Development Term means the period commencing on the Effective Date and continuing for a period of [*] thereafter, or as extended by agreement of the Participants, up to an aggregate of [*]; provided, however, that if a Participant shall be prevented by (i) events beyond the Participants' control, or (ii) by such Participant's delay or negligent act or omission, from performing its obligations under the Definitive Documents within said [*] period (or as extended), then the other Participant at its option, may extend the duration of the Research and Development Term by a term equal in length to the period during which the first Participant was unable to perform its obligations hereunder;
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Examples of Research and Development Term in a sentence

  • Subject to the terms and conditions of this Agreement, Roche hereby grants to BPM a non-transferable (except as provided in Section 23.4), sublicensable (subject to Section 2.3.2), non-exclusive license under Roche Know-How and Roche Patent Rights for BPM to perform its research activities under the Research Plans and development activities under the Phase I Plans, in each case in the Field and during the Research and Development Term.

  • Promptly upon expiry of the Research and Development Term, each Party shall provide a final written report to the JRC summarizing its activities under the Research Plans and the results thereof.

  • During the Research and Development Term, the venue for the meetings shall be agreed by the JRC or JDC, as applicable.

  • After the Research and Development Term the JDC shall meet once per Calendar Quarter, provided that if there is no on-going development for either Program 2 or Program 4, the JDC shall meet twice per Calendar Year.

  • At least quarterly during the Research and Development Term, (i) BPM shall prepare and provide to the JRC a detailed summary of the progress of the work performed by BPM under the Research Plans during the preceding Calendar Quarter and (ii) Roche shall update the JRC with a detailed summary of the progress of the work performed by Roche under the Research Plans during the preceding Calendar Quarter.

  • Promptly upon expiry of the Research and Development Term, each Party shall provide a final written report to the JDC summarizing its activities under the Phase I Plans and the results thereof.

  • Subject to the terms and conditions of this Agreement, BPM hereby grants to Roche a non-transferable (except as provided in Section 23.4), sublicensable (subject to Section 2.3.1), non-exclusive license under BPM IP and Collaboration Compound IP for Roche to perform its research activities under the Research Plans and development activities under the Phase I Plans, in each case in the Field and during the Research and Development Term.

  • Otherwise, the TGEN License shall be nonexclusive during the License Term after the Research and Development Term.

  • During the Research and Development Term, EIS and TGEN shall provide to Newco, by way of an unconditional capital contribution to Newco up to an aggregate maximum amount of $15,000,000, such funding to be provided on a pro rata basis in accordance with their respective ownership interest in Newco (i.e., initially, 80.1% by TGEN and 19.9% by EIS).

  • The TGEN License shall be nonexclusive to Newco during the Research and Development Term, and thereafter during the License Term shall be exclusive to the extent applicable to the Commercialization (i) of a Product or Products which has (have) been successfully developed by Newco during the Research and Development Term, and (ii) of any Product containing the same Gene that would be competitive (i.e., directed at the same indication) with any Product being Commercialized by Newco.


More Definitions of Research and Development Term

Research and Development Term shall refer to the period of time from the date hereof until the third anniversary of the date hereof.
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Research and Development Term means shall mean the period commencing on the Closing Date and continuing for a period of [ * ] thereafter.
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Research and Development Term means the period commencing on the Closing Date and continuing for a period of [*] thereafter, or as * Confidential Treatment Requested extended by agreement of the Participants, up to an aggregate of [*]; provided, however, that if a Participant shall be prevented by (i) events beyond the Participant's control, or (ii) by such Participant's delay or negligent act or omission, from performing its obligations under the Transaction Documents within said [*] period (or as extended), then the other Participant at its option, may extend the duration of the Research and Development Term by a term equal in length to the period during which the first Participant was unable to perform its obligations hereunder.
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Research and Development Term shall have the meaning set forth in Section 8.1.
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Research and Development Term means shall mean the period
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Research and Development Term means the period of [**] months immediately following the Closing Date.
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Related to Research and Development Term

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • scientific research means any activity in the field of natural or applied science for the extension of knowledge;

  • Development Phase means the period before a vehicle type is type approved.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • Development Works means the external development works and internal development works on immovable property;

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Development Team means the entities and professionals assembled to develop and manage the Project, typically including the Applicant, Owner, Developer(s), Co-Developer(s) and general partner or any other related entities in which the Developer or Co-Developer has an identity of interest or a Controlling Interest.

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • Public research university means Rutgers, The State University

  • Research Term has the meaning set forth in Section 3.2.

  • Development Officer means the Development Officer appointed by the Council of the Municipality.