Development Transition definition

Development Transition means the completion by Virobay of all activities under the Development Plan, completion of technology transfer to ▇▇▇ and assignment of the IND for the Compound in the U.S. to ▇▇▇, as confirmed by the JSC pursuant to Section 4.4.
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Examples of Development Transition in a sentence

  • During the Transition Period, either Party shall have the right to propose modifications to the Development Transition work plan by providing the other Party with a revised work plan.

  • Consent to a proposed modification of a work plan shall not be withheld if that modification is consistent with the original intent of this Agreement as stated in Section 6.1. Except as set forth in the preceding sentence, nothing contained in this Section 6.2 shall impose any obligation on either party to agree to any modification of the initial Development Transition work plan.

  • The parties have agreed upon a work plan which will provide for the transition of product development activities (hereafter the "Development Transition") from GP to BMX.

  • GP shall be compensated by BMX for GP's activities during the Development Transition pursuant to the work plan, as set forth in Section 6.3, below.

  • Both parties shall use commercially reasonable and diligent efforts to perform their respective responsibilities under the Development Transition work plan and this section and shall make reasonably available any key personnel identified in the Development Transition work plan to perform the work contemplated therein.

  • In addition, on reasonable request by BMX, GP will make presentations of its activities under the Development Transition work plan to inform BMX of the details of the work done under this Agreement.

  • Except as otherwise stated herein, it is the Parties' intent that GP's obligations in connection with the Development Transition shall terminate as of December 30, 2000 and the work plan shall reflect such termination date.

  • Provention shall fund (i) all of the reasonable FTE Costs incurred by MacroGenics in the performance of the Development Transition Plan after the Transition Period and (ii) all third-party out-of-pocket expenses incurred by MacroGenics in the performance of the Development Transition Plan, to the extent such third-party out-of-pocket expenses are approved in advance by Provention.

  • GP shall provide BMX with monthly written reports during the Transition Period presenting a meaningful summary of GP's progress under the Development Transition work plan.

  • The Development Transition shall be deemed to have commenced as of January 1, 2000 and shall be completed by December 30, 2000 (the "Transition Period") .

Related to Development Transition

  • Collaborative agreement means a voluntary, written, or electronic arrangement between one

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

  • Development Activities means those Development activities undertaken by or on behalf of a Party or its Affiliates with respect to the Product in the Field.

  • Development Program means the implementation of the development plan.

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