Common use of Incomplete Option Data Package Clause in Contracts

Incomplete Option Data Package. Following receipt of an Option Data Package for an Option Program, Biogen shall have the one-time right (subject to the remainder of this Section 4.1.2(b) (Incomplete Option Data Package)) to promptly (but in any event, within [***] of its receipt of the Option Data Package) notify Denali if such Option Data Package is missing any [***]. Denali shall provide Biogen with such missing [***] identified in such notice within [***] after the date of Biogen’s request (if and to the extent that such [***] is available to Denali at such time). If, following any such request from Biogen, Denali does provide any such missing [***] that is available to Denali at such time within such [***], then the Option Exercise Period with respect to a given Option Program shall be extended to end [***] after delivery of such missing [***]. If Denali does not provide such missing [***] within such [***] period and does not otherwise confirm in writing to Biogen that such data is unavailable to Denali, then Biogen shall have the right to request such information from Denali again in accordance with this Section 4.1.2(b) (Incomplete Option Data Package) and the terms of this Section 4.1.2(b) (Incomplete Option Data Package) shall again apply. For clarity, Denali shall not be obligated to perform or reperform any Development activities pursuant to this Section 4.1.2(b) (Incomplete Option Data Package).

Incomplete Option Data Package. Following receipt of an Option Data Package for an Option Program, Biogen shall will have the one-time right (subject to the remainder of this Section 4.1.2(b) 2.4.3 (Incomplete Option Data Package)) to promptly (but in any event, within [***] of its receipt of the such Option Data Package) notify Denali if such Option Data Package is missing information corresponding to any of the [***]] required to be provided in such Option Data Package. Denali shall provide Biogen with such missing [***] identified in such notice within [***] after the date of Biogen’s request (if and to the extent that such [***] is available to Denali at such time)]. If, following any such request from Biogen, Denali does provide any such missing [***] that is available to Denali at such time within such [***], then the Option Exercise Period with respect to a given such Option Program shall will be extended to end [***] after delivery of such missing [***]. If Denali does not provide such missing [***] within such [***] period and does not otherwise confirm in writing to Biogen that such data is unavailable to Denali[***], then Biogen shall will have the right to request such information [***] from Denali again in accordance with this Section 4.1.2(b) 2.4.3 (Incomplete Option Data Package) and the terms of this Section 4.1.2(b) 2.4.3 (Incomplete Option Data Package) shall again apply. For clarity, Denali shall will not be obligated to perform or reperform any Development activities or any other analysis or investigation with respect to any Option Program to provide to Biogen any missing information pursuant to this Section 4.1.2(b) 2.4.3 (Incomplete Option Data Package).