Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 12 contracts
Samples: Exclusive Patent License Agreement (Myomo Inc), Massachusetts Institute of Technology (Bionik Laboratories Corp.), License Agreement (Visterra, Inc.)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) [***] days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 4 contracts
Samples: Exclusive Patent License Agreement (BIND Therapeutics, Inc), Exclusive Patent License Agreement (BIND Therapeutics, Inc), Selecta Biosciences Inc
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. THE PARTIES annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 4 contracts
Samples: Patent License Agreement (MetaStat, Inc.), Patent License Agreement (MetaStat, Inc.), Patent License Agreement (MetaStat, Inc.)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESSPRODUCT, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 4 contracts
Samples: Patent License Agreement, Patent License Agreement (MetaStat, Inc.), Patent License Agreement (Momenta Pharmaceuticals Inc)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT, DISCOVERY PRODUCT or THERAPEUTIC PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. THE PARTIES annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 4 contracts
Samples: Exclusive Patent License Agreement (MetaStat, Inc.), Exclusive Patent License Agreement (MetaStat, Inc.), Exclusive Patent License Agreement (MetaStat, Inc.)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) days of after the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 3 contracts
Samples: Voting Agreement (Momenta Pharmaceuticals Inc), Patent License Agreement (Momenta Pharmaceuticals Inc), Patent License Agreement (Momenta Pharmaceuticals Inc)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or DISCOVERED PRODUCT or first commercial performance of any LICENSED PROCESS, or first agreement with a CORPORATE PARTNER, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 2 contracts
Samples: Patent License Agreement (Enumeral Biomedical Holdings, Inc.), Patent License Agreement (Enumeral Biomedical Holdings, Inc.)
Before First Commercial Sale. Prior to the first commercial sale of any the first LICENSED PRODUCT or first commercial performance of any the first LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) [**] days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 2 contracts
Samples: Exclusive Patent License Agreement (A123 Systems, Inc.), Exclusive Patent License Agreement (A123 Systems Inc)
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT Licensed Product or first commercial performance of any LICENSED PROCESSLicensed Process, COMPANY Company shall deliver reports to M.I.T. Institution annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section Sections 3.1(b) and 5.2.
Appears in 1 contract
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. M.I.T., annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar yearfunds spent toward the commercialization of LICENSED PRODUCTS and LICENSED PROCESSES, as further described in Section 5.2and shall also deliver to M.I.T. the same reports delivered to other common shareholders, and with the same frequency.
Appears in 1 contract
Before First Commercial Sale. Prior to the first commercial sale of any LICENSED PRODUCT or first commercial performance of any LICENSED PROCESS, COMPANY shall deliver reports to M.I.T. annually, within sixty (60) [**] days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 1 contract
Before First Commercial Sale. Prior to the first commercial ---------------------------- sale of any LICENSED PRODUCT Licensed Product or first commercial performance of any LICENSED PROCESSLicensed Process, COMPANY Company shall deliver reports to M.I.T. annually, within sixty (60) days of the end of each calendar year, containing information concerning the immediately preceding calendar year, as further described in Section 5.2.
Appears in 1 contract