Development Effort definition

Development Effort means the Parties’ Development activities hereunder.
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Development Effort has the meaning set out in Section 4.1.
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Examples of Development Effort in a sentence

  • All efforts by Purchaser to combine the Panther Drive System with other products or otherwise integrate Panther Drive System into the Prototype are referred to herein as "Development Efforts." Without limiting the generality of the foregoing, Development Efforts shall include those development projects undertaken by Enova in direct response to a Development Effort.

  • The JDC will determine appropriate written standards for measuring Required Development Efforts and accounting procedures to confirm and document each Party's performance of its Required Development Effort for any Product before the Parties commence Development thereof.

  • A Party's required Development effort is hereinafter referred to as its ("Required Development Effort").

  • Upon completion of the Development Effort, Supplier and NETGEAR shall perform quality control and acceptance tests (the "Acceptance Tests") and Supplier shall demonstrate that the customized Products operate and perform in accordance with respective Specifications.

  • The parties agree that Supplier’s sole and exclusive remedy with respect to a material breach by BioForm of any of the covenants set forth in Section 3.1 and Section 4.6 shall be to terminate this Agreement in accordance with Section 11.2(a), or, as applicable, 11.2(b) and receive the Development Effort Data from BioForm if Supplier reimburses BioForm for all costs associated with the Regulatory Approval Plan, Regulatory Approvals and the physical transfer of the Development Effort Data.

  • As the Development Effort proceeds, Supplier shall conduct the prototype testing as described in Exhibit A.

  • If a customized Product fails to satisfactorily complete the Acceptance Tests, Supplier shall promptly and diligently correct any defects and complete any uncompleted portion of the Development Effort so that the customized Product satisfactorily operates and performs in accordance with specifications.

  • For any Development Effort commenced by the parties, both parties will endeavor to establish their respective rights, including rights to intellectual property prior to undertaking Development Efforts.

  • If Cambridge and SJM do not enter into a letter of intent with respect to the IDS Development Effort within the 30-day period, SJM may commence the IDS Development Effort either alone or in collaboration with a third party.

  • Targets will be excluded if prior to Genentech's selection, Magainin has removed such Target from the Gene Database because Magainin either licensed rights to the Target (that Genentech wants to select) to a Third Party, or Magainin has already initiated and is diligently pursuing, at its own expense, an active research program regarding such Target ("Internal Development Effort").

Related to Development Effort

  • Development Program means the implementation of the development plan.

  • Development Phase means the period before a vehicle type is type approved.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Development Plan has the meaning set forth in Section 3.2.

  • Diligent Efforts means, with respect to a Party’s obligations hereunder, the carrying out of obligations or tasks in a sustained manner consistent with the efforts a Party devotes to a research, development or marketing project for a pharmaceutical product or products of similar market potential, profit potential or strategic value resulting from its own research efforts, based on conditions then prevailing, which efforts shall in any event be no less than those which would be considered reasonable in the pharmaceutical or biotechnology industries.