Designation Term definition
Examples of Designation Term in a sentence
Upon the designation of thirty-six (36) Collaboration Antigens or such other number as the Parties may mutually agree in writing, AZ shall have the right to terminate the Antigen Designation Term in its entirety on written notice to ABX.
The Research Management Committee shall meet not less than once each calendar quarter during the Antigen Designation Term and any Research Program Term, on such dates and at such times as agreed to by ABX and AZ.
Notwithstanding the foregoing, if at the end of the Antigen Designation Term there are Prioritized Antigens delayed by ABX or for which there are disputes, then the Antigen Designation Term shall be extended for such Prioritized Antigens and such Antigens shall not count against the [Confidential treatment requested] Prioritized Antigen cap.
Upon the expiration or earlier termination of the Antigen Designation Term, all Proposed Antigens that have not been designated as Prioritized Antigens or Collaboration Antigens shall become Non-Selected Antigens, and neither Party shall have any further rights and obligations to the other Party with respect to such Antigens hereunder.
In such event (irrespective of whether it occurs prior to the expiration or earlier termination of the Antigen Designation Term), the Research Management Committee or AZ shall have the right to substitute an additional Proposed Antigen as a Collaboration Antigen in accordance with Sections 2.2.2(b) and 2.2.2(c), which Antigen shall not count against the Collaboration Antigen totals set forth in Section 2.2.2(f).
Upon receipt of such report, Information and materials, AZ shall have the right, for a period of [Confidential treatment requested], to designate such Antigen as a Collaboration Antigen under the terms set forth herein, regardless of the number of Collaboration Antigens that have been designated as of such date or whether the Antigen Designation Term has expired.
The Parties acknowledge that scientific lead-time is a key element of the value of the activities during the Antigen Designation Term and under each Research Program and each Development Program and further agree that scientific publications must be strictly monitored to prevent any adverse effect from premature publication of results of such activities.
The expiration or termination of the Antigen Designation Term shall not constitute a termination of this Agreement or any Research Program with respect to a Collaboration Antigen that was designated prior to the expiration or earlier termination of the Antigen Designation Term.
During the Antigen Designation Term, neither a Party nor its Affiliates shall directly solicit or in any manner encourage any employee of the other Party or its Affiliates to leave its employ.
The Target Review Committee shall meet not less than once every six (6) months during the Antigen Designation Term at an appropriate venue to be decided by AZ.