Compound X definition

Compound X means *** and 1,3-propanediol and derivatives of 1,3-propanediol. For purposes of calculating the R&D-Based Milestones under ARTICLE 3, the Royalty Payments To GENENCOR under ARTICLE 6, and for calculations under Paragraphs 10.6-10.7 of ARTICLE 10, "Compound X" shall mean 1,3-propanediol.
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Compound X means 1,3-propanediol (also referred to as "PN13") and any intermediate used in its preparation and any compound or product derived from 1,3-propanediol.
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Examples of Compound X in a sentence

  • DUPONT will pay GENENCOR a non-refundable, lump sum payment of *** upon the cumulative Bioprocess production of *** of Compound X meeting the Commercial Specification during the Pre-Commercial Phase, regardless of whether the so-produced Compound X are made by DUPONT, or for DUPONT by a toll manufacturer, or by GENENCOR.

  • However, the Parties agree to communicate with each other promptly on those matters which, while outside the scope of the R&D Program, nevertheless may reasonably be expected to influence the conduct or term of the R&D Program or the commercialization of Compound X.

  • Each payment to GENENCOR hereunder shall be made in U.S. Dollars and sent along with a copy of a report on *** of Compound X produced by Bioprocess during the reporting period to GENENCOR under separate cover at the address provided in Paragraph 11.6 or as otherwise agreed to by the Parties.

  • All sales and marketing, manufacturing, R&D and administrative costs for the commercialization of Compound X will be borne by DUPONT.

  • DUPONT will pay GENENCOR a royalty of *** on *** Compound X made by Bioprocess during the Pre-Commercial Phase, whether or not such Compound X meets the Commercial Specification (the "Pre-Commercial Royalty").

  • DUPONT shall pay GENENCOR a non-refundable, lump sum bonus payment upon the production of Compound X which meets or exceeds Commercial Specification during a *** period of operating time as described in Paragraph 4.3 hereof, on a non-campaign, manufacturing basis.

  • The *** Commercial Royalty is based on the CCOM of Compound X *** and set forth in Table IV herein.

  • All plant capital costs for production of Compound X will be borne by DUPONT, with no cost sharing by GENENCOR.

  • For a production of Compound X greater than *** within the calendar year, the Commercial Royalty rate will be reduced to *** of the rates specified in Table IV herein.

  • GENENCOR hereby grants to DUPONT and DUPONT hereby accepts an exclusive, worldwide license to Patent Rights for Inventions in the categories set forth in Paragraph 7.2 relating to Compound X.