Development Offer definition

Development Offer means the offer that IDM must make to SANOFI-SYNTHELABO pursuant to the provisions of Article 3.2 below in order to enable the later to exercise, or not, its right for a Development Option.
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Development Offer shall have the meaning set forth in Section 10.03(a).
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Examples of Development Offer in a sentence

  • IPAS KIOSK Development Offer a variety of standard e-payment options.

  • The Development Offer shall confirm the absence of such Third Party rights and, more generally, shall identify the Third Party rights whose existence could have a negative or positive impact on the economic potential of the Product.

  • Prior to developing, or constructing any improvements, on all or a portion of the Remaining Adjacent Land, Landlord shall give Tenant written notice thereof (“Remaining Adjacent Land Development Offer Notice”).

  • The Development Option shall be exercisable by Lessee by written notice delivered to Lessor no later than 10 Business Days after Lessee receives written notice of the Development Offer from the Lessor.

  • The Development Offer shall remain open and irrevocable for a period of sixty (60) days after receipt of such Offer Notice by Supplier Developer (the “Offer Period”).

  • If Supplier Developer accepts the Development Offer at any time prior to the expiration of the Offer Period by written notice delivered to, and received by, Distributor, Supplier Developer and Distributor shall, as soon as reasonably practicable following such acceptance, negotiate in good faith the definitive agreement for such New BHGE HDGT development.

  • As of providing such information, the Parties (i) shall work together in the appropriate Joint Committees to prepare the corresponding proposed Development Program (as detailed in Article 3.5, paragraph one), to be submitted to the Executive Committee for approval and (ii) shall consult each other, within the Research Committee and the Development Committee, in connection with IDM’s preparation of the Development Offer to be submitted to SANOFI-SYNTHELABO in accordance with provisions of Article 3.2 above.

  • Without prejudice to the provisions of Article 3.2 above, and without waiting for a formal Development Offer, IDM shall provide SANOFI-SYNTHELABO, through the Research Committee, and as soon as possible after obtaining each of them, with (i) the in vitro proof of concept for any Product under development at IDM, and (ii) the in vivo safety data for such Product in the first six (6) treated patients.

  • If the Lessee fails to exercise the Development Option granted to it hereunder within such 10-day period, then this Lease and the Lessee's rights under this Lease (including, without limitation, its rights to renew under this Section 1.2) shall, subject to the terms of Article XXXVII, immediately terminate and the Lessor shall be free to lease the Leased Property to such other Person in accordance with the terms and conditions of the Development Offer.

  • IDM shall give such notice of a Development Offer to SANOFI-SYNTHELABO as soon as possible after the date on which the Executive Committee has approved the corresponding proposed Development Program, and no later than sixty (60) days after such date.

Related to Development Offer

  • Development Site means any parcel or lot on which exists or which is intended for building development other than the following:

  • Development Work means all work and services necessary or desirable in connection

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development rights means any right or combination of rights reserved by a declarant in the declaration to:

  • 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.