Examples of Alexza Development Plan in a sentence
All activities conducted by Alexza under this Agreement for the development of the Product will be conducted pursuant to the Alexza Development Plan.
Cypress shall be solely responsible for all regulatory and clinical activities for Products, and shall conduct [...***...] using Product supplied by Alexza pursuant to the Alexza Development Plan.
At least 30 days prior to the beginning of each calendar quarter in which Alexza will conduct activities under the Alexza Development Plan, the Development Committee shall review Alexza’s progress under the Alexza Development Plan and determine whether to amend the Alexza Development Plan, including the payment to Alexza under Section 5.4(a) for the subsequent calendar quarter.
In the event Alexza performs any of its obligations under the Alexza Development Plan through a subcontractor, then Alexza will at all times be responsible for the performance and payment of such subcontractor, except as otherwise agreed in writing by the Parties.
Except for such payments, Alexza shall be solely responsible for all expenses it incurs to conduct its activities under the Alexza Development Plan, including any amounts Alexza incurs to conduct activities under the Alexza Development Plan in excess of the amount set forth in the budget in the then-current Alexza Development Plan for such activities, subject to adjustment as a result of any amendments to the Alexza Development Plan pursuant to Section 3.2.
During the term of the Agreement, as of the Amendment Effective Date, various pieces of equipment were purchased by Royalty Pharma in support of the Alexza Development Plan and are still on-site at Alexza’s location at the address above (the “Purchased Equipment”).
The Parties agree that Alexza will conduct certain development activities and will supply certain clinical trial materials and other test materials to Cypress [...***...], as and to the extent set forth in the Alexza Development Plan.
Alexza shall use Commercially Reasonable Efforts to conduct and complete the activities assigned to it in the Alexza Development Plan in order to achieve the goals of the Alexza Development Plan.
Cypress may terminate the Alexza Development Plan and its obligations under Section 3.4(b) and Section 4.2 in the event of any material breach by Alexza of its obligations under this Section 3.4 or Section 3.5 of this Agreement, which breach is not cured within [...***...] after notice from Cypress requesting cure of the breach, provided that such breach was not caused by Cypress’ breach of its obligation under Section 3.4(b) or Section 5.4(a) of this Agreement.
All actions of the Development Committee (including, without limitation, any action to amend the Alexza Development Plan) shall be made following a unanimous vote, with the representatives of Cypress on the Development Committee having one vote, collectively, and the representatives of Alexza on the Development Committee having one vote, collectively.