Common use of Additional Compounds Clause in Contracts

Additional Compounds. [***], Theravance may propose that such Additional Compound be included in this Agreement by providing ▇▇▇▇▇▇▇ with written notice of such Additional Compound (each, an "Additional Compound Notice"), which notice shall include any Data that has been generated by or on behalf of Theravance or its Affiliates that is reasonably necessary for ▇▇▇▇▇▇▇ to assess whether to include such Additional Compound under this Agreement. Upon receipt of an Additional Compound Notice, ▇▇▇▇▇▇▇ shall have a period of [***] (the "Assessment Period") to assess whether it desires to include such Additional Compound within the Compounds and provide notice to Theravance of such determination. Such Assessment Period can be mutually extended by the Parties. [***].

Appears in 1 contract

Sources: License and Collaboration Agreement (Theravance Biopharma, Inc.)

Additional Compounds. [***], Theravance may propose that such Additional Compound be included in this Agreement by providing ▇▇▇▇▇▇▇ with written notice of such Additional Compound (each, an "Additional Compound Notice"), which notice shall include any Data that has been generated by or on behalf of Theravance or its Affiliates that is reasonably necessary for ▇▇▇▇▇▇▇ to assess whether to include such Additional Compound under this Agreement. Upon receipt of an Additional Compound Notice, ▇▇▇▇▇▇▇ shall have a period of [***] (the "Assessment Period") to assess whether it desires to include such Additional Compound within the Compounds and provide notice to Theravance of such determination. Such Assessment Period can be mutually extended by the Parties. [***].

Appears in 1 contract

Sources: License and Collaboration Agreement (Theravance Biopharma, Inc.)