Commercial Development definition
Examples of Commercial Development in a sentence
The Licensee shall amend the Commercial Development Plan and Benchmarks at the request of Leidos Biomedical to address any Licensed Fields of Use not specifically addressed in the plan originally submitted.
Leidos Biomedical shall not withhold approval of any request of the Licensee to extend the time periods of this schedule if the request is supported by a reasonable showing by the Licensee of diligence in its performance under the Commercial Development Plan and toward bringing the Licensed Products to the point of Practical Application as defined in 37 C.F.R.§404.3(d), or if the modification results from delays outside of Licensee’s reasonable control, such as for safety, efficacy and regulatory issues.
If reported progress differs from that projected in the Commercial Development Plan and Benchmark, the Licensee shall explain the reasons for these differences.
This Commercial Development Plan is hereby incorporated by reference into this Agreement.
Except for Affordable Housing, Commercial Development, or Economic Development Opportunities, for each Service Connection added within the ▇▇▇▇▇ Service Area in accordance with a land use approval or contractual commitment(s) subsequent to the date of this Agreement, one (1) additional unit of ▇▇▇▇▇ C-BT Water shall be required for the Fixed Dedication.