Developed definition
Developed means that an item, component, or process exists and is workable. Thus, the item or component must have been constructed or the process practiced. Workability is generally established when the item, component, or process has been analyzed or tested sufficiently to demonstrate to reasonable people skilled in the applicable art that there is a high probability that it will operate as intended. Whether, how much, and what type of analysis or testing is required to establish workability depends on the nature of the item, component, or process, and the state of the art. To be considered “developed,” the item, component, or process need not be at the stage where it could be offered for sale or sold on the commercial market, nor must the item, component, or process be actually reduced to practice within the meaning of Title 35 of the United States Code.
Developed means that—
Developed shall have a corresponding meaning.
Examples of Developed in a sentence
Milestone Event Milestone Payment [***] US$[***] [***] US$[***] [***] US$[***] [***] US$[***] (b) If and when a Sanofi Product is Developed for more than one (1) Indication, then Neurocrine will pay, in addition to the Milestone Payments set forth in Section 6.2.1(a), [***] percent [***] of the above defined Milestone Payments each time the Milestone Events are achieved with a Sanofi Product for up to two (2) additional Indications.
More Definitions of Developed
Developed means that an item, component, or process exists and is workable. Thus, the item or component must have been constructed or the process practiced. Workability is generally established when the item, component, or process has been analyzed or tested sufficiently to demonstrate to reasonable people skilled in the applicable art that there is a high probability that it will operate as intended. Whether, how much, and what type of
Developed means the acreage assigned to productive wells based on applicable regulations.
Developed means a purposeful modification of the property from its original state that effectuates a condition of gainful and productive present use without further substantial modification; surveying, construction of roads, providing utilities or other similar actions normally considered to be component parts of the development process, but that do not create the condition described in this paragraph, do not constitute a developed state within the meaning of this paragraph; developed property, in order to remove the exemption, must be developed for purposes other than exploration, and be limited to the smallest practicable tract of the property actually used in the developed state;
Developed has a corresponding meaning. For clarity, “Development” shall not include any Commercialization activities.
Developed means the condition of real property altered from its natural state by the addition to or construction on such property of impervious ground cover or other man-made physical improvements such that the hydrology of the property or a portion thereof is affected.
Developed shall have the correlative meanings.
Developed means that an item, component, or process exists and is workable. Thus, the item or component must have been constructed or the process practiced. Workability is generally established when the item, component, or process has been analyzed or tested sufficiently to