Commercialization Phase definition

Commercialization Phase means the period after the approval by the U.S. FDA of the first BLA for any Licensed Product filed by TARCANTA, TARCANTA LTD. or their Affiliates or Sublicensees.
Commercialization Phase means activities related to the commercialization of Bio-BDO produced using the Commercial Process in the Territory.
Commercialization Phase means the second phase of the ----------------------- Commercialization Program, during which the parties shall pursue Commercialization of the Products, as more particularly described in Article 7 below.

Examples of Commercialization Phase in a sentence

  • T&L shall provide Genomatica with written notice of whether or not T&L is electing to participate in the Commercialization Phase no later than the date that is the later of […***…] after the Effective Date and […***…], together with the details associated therewith (the “Election Period”).

  • During the period from the delivery of written notice from T&L to Genomatica of T&L’s election to participate in the Commercialization Phase in accordance with Section 4.1 until the earlier to occur of (a) […***…] and (b) […***…] (“Exclusivity Period”), Genomatica will negotiate exclusively with T&L in good faith with respect to an agreement for the commercialization of Bio-BDO produced using the Commercial Process in the Territory (the “Potential Transaction”).

  • Should any purchases of Licensed Products from CIMAB occur during the Development Phase, payment will be 100% in Barter, whereas any such purchases during the Commercialization Phase will be 50% in Barter and 50% in Payment in Cash.

  • If T&L does not provide written notice to Genomatica by the expiration of the Election Period, T&L shall be deemed to have elected not to participate in the Commercialization Phase.

  • Payment by the Importer to CIMAB for the Licensed Products shall be net 30 days following delivery to the Delivery Location, and shall be payable 100% in Barter during the Development Phase, and 50% in Barter and 50% in Payment in Cash during the Commercialization Phase.


More Definitions of Commercialization Phase

Commercialization Phase means the startup process which includes production, marketing, financing and scaling up;
Commercialization Phase means the startup process which includes
Commercialization Phase means the term of the License Agreement provided for in Section 4.2, starting on the effective date thereof.
Commercialization Phase with respect to a System or Component thereof, shall mean the period of time beginning with the date that PACKARD makes such System or Component generally available for commercial sale to third parties (other than for testing purposes) and ending with the termination of the commercial life of such System or Component as determined by the JSC.
Commercialization Phase means the period of time commencing on the Commercial Launch Date and ending on the date of expiration or termination of this Agreement.
Commercialization Phase means the phase of the Collaboration, as more fully described in Section 2.2, that is initiated only upon the initiation, if any, of the first Development Program.
Commercialization Phase with respect to a Product, shall mean the period commencing upon the first Major Regulatory Approval of such Product and continuing throughout the remaining Product Term with respect to such Product; provided that, notwithstanding commencement of the Commercialization Phase, (a) Development Activities shall continue in other countries or regions of the Territory until Regulatory Approval has been obtained in all countries or regions set forth in the applicable Development Plan and (b) certain costs incurred by the Operating Parties during the Commercialization Phase shall be allocated as Development Costs as specified herein.