Common use of Development Activities Clause in Contracts

Development Activities. NovaDel shall not be required to commence any Development Activities until Licensee has executed 100% of the non-refundable License Fee & Equity transaction described in Section 4.4.

Appears in 4 contracts

Samples: License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Hana Biosciences Inc)

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Development Activities. NovaDel shall not be required to commence any Development Activities until Licensee has executed 100% paid at least twenty-five percent (25%) of the non-refundable License Fee & Equity transaction described in Section 4.4.

Appears in 4 contracts

Samples: License and Development Agreement (Manhattan Pharmaceuticals Inc), License and Development Agreement (Novadel Pharma Inc), License and Development Agreement (Manhattan Pharmaceuticals Inc)

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