Examples of Exclusive Target in a sentence
Following the Collaboration Term, Allogene shall use Commercially Reasonable Efforts to develop and commercialize, in the United States and in the European Union, at least one (1) Product Directed Against each Exclusive Target for which Notch has met all Success Criteria set forth in Section 6.5; provided that Commercially Reasonable Efforts shall not require simultaneous development and/or commercialization in both the United States and the European Union.
Results, data and other information arising from the Research Plan or related to any CAR Product Directed Against an Exclusive Target that is Controlled by Notch and licensed to Allogene hereunder shall, solely during the applicable Exclusivity Term and subject to the licenses granted hereunder, be the Confidential Information of both Parties.
Allogene shall have the sole right to disclose the Exclusive Targets, provided that Notch shall be permitted to disclose to any Third Party, without identifying Allogene, that an Exclusive Target is unavailable for the grant of rights to such Third Party.
On an Exclusive Target-by-Exclusive Target basis, following the disbanding of the JDC, and until the First Commercial Sale of the first Product Directed Against such Exclusive Target, Allogene shall provide Notch with a written report providing a status of Allogene’s development (including registration) of Products Directed Against such Exclusive Target annually.
Each of the milestone payments set forth in the table above shall be payable only once per Exclusive Target, the first time the Success Criteria for the applicable Development Milestone for such Exclusive Target is achieved by Notch, and irrespective of the number of times a Development Milestone is achieved with respect to an Exclusive Target.