CCB Program definition

CCB Program means Verra’s Climate, Community & Biodiversity (CCB) Program, which establishes the rules and requirements that operationalise the CCB Standards to enable the validation and verification of relevant projects; “CCB Standards” means the rules and requirements which a project must follow in order to be certified by Verra as having net positive benefits for climate change mitigation, for local communities and for biodiversity; “Clearing House Directions” means any instructions or requests that the Clearing House may issue to the Buyer or Seller from time to time in respect of the delivery of NBSCCs under a NBSCC Contract; “Clearing House procedures”/ “Procedures” means the procedures of the Clearing House from time to time in force as prescribed under the Clearing House Rules; “Delivery Period” means the period beginning at 10.00 hours U.S. Central Time on the Business Day following the last day of trading of a NBSCC Contract and ending at 12:00 hours U.S. Central Time on the second Business Day following that last day of trading. During this period, delivery of NBSCCs is to take place in accordance with the terms of these ICE Futures Nature-Based Solution Carbon Credit Futures Contract Rules, the Administrative Procedures and the Clearing House procedures; “Exchange Delivery Settlement Price” or “EDSP” means, in respect of a NBSCC Contract, the settlement price determined by the Exchange in accordance with the Administrative Procedures; “Greenhouse Gas” or “GHG” means any gas that is considered to retain heat in the atmosphere, contributing to the greenhouse effect, including carbon dioxide emissions; “Nature-Based Solution Carbon Credit” or “NBSCC” means a VCU from a VCS AFOLU Project with CCB Certification having a vintage between 1 January 2016 up to and including 31 December 2020 (or such other kind of nature-based solution carbon credit as is specified from time to time by the Exchange); “Nature-Based Solution Carbon Credit Contract” or “NBSCC Contract” means a Contract made pursuant to these ICE Futures Nature-Based Solution Carbon Credit Futures Contract Rules for the delivery of NBSCCs; “Nature-Based Solution Carbon Credit Type” or “NBSCC Type” means any type of NBSCC determined and notified to Members by the Exchange from time to time. For any NBSCC Type, the Exchange may specify such criteria as it deems appropriate, including without limitation the project type, nature and source of a NBSCC and the scheme and/ormechanism pursuant to which such NBS...
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CCB Program means a program comprising Development activities by or on behalf of Celgene or any of its Affiliates for the Development of a CCB LDD Directed against a specific Deal Target following CCB Determination for the applicable Target Ligand(s) pursuant to Section 2.4.1. For the avoidance of doubt, “CCB Program” excludes all Lapsed Programs.
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Examples of CCB Program in a sentence

  • In the event that the JSC unanimously agrees that Celgene may evaluate and further Develop one or more Target Ligands Directed against a specified Deal Target (any such determination, a “CCB Determination”), Celgene shall have the right, but not the obligation, to enter into a CCB Program MTA for such Target Ligand(s) and Deal Target in accordance with this Section 2.4.

  • The Court further finds that notice has been provided to the appropriate state and federal officials in accordance with the requirements of the Class Action Fairness Act, 28 U.S.C. § 1715, drawing no objections.

  • Based upon the Development Candidate Criteria and the results of Development activities with respect to a Program (but excluding any CCB Program), Vividion may nominate a Program Compound Directed against the Program Target that is the subject of such Program as a Development Candidate, by providing written notification thereof to Celgene and the JSC.

  • Excluding with respect to any CCB Program under a CCB Program MTA, each Party shall have the right to review and copy such records maintained by the other Party at reasonable times, as reasonably requested by such Party.

  • In the event that the Parties enter into any CCB Program MTA, the Parties understand and agree that Vividion may continue to Develop Program Compounds under this Agreement Directed against the Deal Target that is the subject of such CCB Program MTA.

  • Upon exercise of its Opt-In Right for a CCB Program, Celgene shall, within [***] Business Days after the Implementation Date of the applicable License Agreement for such Program, pay to Vividion a one-time, non-refundable, non-creditable payment of [***] U.S. Dollars ($[***]).

  • During the Research Term, the Parties may discuss, through the JSC, whether any Target Ligand(s) Directed against a Deal Target should be evaluated and further Developed by Celgene under a CCB Program MTA.

  • The Vividion Intellectual Property and the Celgene Intellectual Property and Celgene CCB Program IP shall exclude any technology or intellectual property owned or controlled by a permitted assignee or successor and not developed in connection with the Collaboration, any Program, or any Program Compounds or Program Products, or any related Companion Diagnostics, Developed, Manufactured or Commercialized pursuant to this Agreement.

  • Notwithstanding anything in this Section 7.4 to the contrary, [***] shall have final decision-making authority as to representations made in any proceedings under this Section 7.4 with respect to any Celgene Independent Products or Celgene CCB Program IP.

  • Celgene shall have the right, but not the obligation, to exercise its Celgene CCB MTA Election for a CCB Program in its sole discretion by delivering written notice of such exercise (the “CCB MTA Election Notice”) to Vividion.

Related to CCB Program

  • PEBB program means the program within the HCA that administers insurance and other benefits for eligible employees (as described in WAC 182-12-114), eligible retired employees (as described in WAC 182-12-171 and 182-12-180), eligible survivors (as described in WAC 182-12-180, 182-12-250, and 182-12-265), eligible dependents (as de- scribed in WAC 182-12-250 and 182-12-260) and others as defined in RCW 41.05.011.

  • AML Program has the meaning ascribed thereto in Schedule 2.1(F)(8) hereof.

  • Educational program means a program for educating and preparing physician assistants which is approved by the board.

  • Pilot program means the pilot program identified and funded through the Funding Agreement and described in that Funding Agreement and its attachments.

  • Program means the statutorily authorized activities of the System Agency under which this Contract has been awarded.