Examples of Additional Indication in a sentence
The period during which Auxilium may exercise an Additional Indication Option (the “Exercise Period”) shall commence on the date on which BTC submits a Phase II Clinical Trial report to Auxilium for the Product for such Additional Indication and ends one hundred and twenty (120) days thereafter.
Subject to the terms and conditions of this Agreement, BTC hereby grants to Auxilium an exclusive option to an exclusive license to Products in the Territory for each Additional Indication on the same terms and conditions as provided for Indications in the Field (each, an “Additional Indication Option”).
Auxilium may exercise the Additional Indication Option at any time during the Exercise Period by delivering to BTC a written notice of exercise with regard to such Additional Indication (each, an “Exercised Indication”) that sets forth the effective date of the exercise (the “Exercised Indication Date”).
Any officer specifically designated in Section 6.0l hereof may be removed, either with or without cause, by a vote of a majority of the whole Board of Directors.
The Parties' rights to, and responsibilities for, the Development and Commercialization, including Operating Profits or Losses, of Products for any Additional Indication and Alternate Delivery will be the same as their respective rights to, and responsibilities for, Compound for Indication by geography.