Exclusivity Extension definition
Examples of Exclusivity Extension in a sentence
Adesto agrees that it shall pay Fees to Axon as required by Section 6.1 (Fees) of the Agreement and pursuant to Section 2.2 (Stand-alone Memory Blocks) of Exhibit A to the Agreement for any number of additional [*] inch diameter equivalent Production Wafers containing Authorized Products consisting primarily of Memory Blocks manufactured by an Authorized Manufacturer that exceeds the Minimum Wafer Requirement in any year during the Exclusivity Extension Period.
Such exclusivity extension fees shall be due any time prior to the third anniversary of the Effective Date, and shall operate to extend the Exclusivity Term until the fourth anniversary of the Effective Date with respect to the 293T cell line, if RIGEL pays the 293T Exclusivity Extension Fee, and/or the Phoenix cell line, if RIGEL pays the Phoenix Exclusivity Extension Fee.
Upon the delivery by X4 of the Financing Exclusivity Extension Notice, the Financing Exclusivity Period shall automatically be extended [***].
Such exclusivity extension fees shall be due any time prior to the third anniversary of the Effective Date, and shall operate to extend the Exclusivity Term until the fourth anniversary of the Effective Date with respect to the [ * ] cell line, if RIGEL pays the [ * ] Exclusivity Extension Fee, and/or the [ * ] cell line, if RIGEL pays the [ * ] Exclusivity Extension Fee.
If ALL has timely provided a Conversion Notice and GenMark has timely provided ALL with an Exclusivity Extension Exercise notice and paid the Exclusivity Extension Fee, the licenses granted to GenMark in Sections 5.1.1. 5.1.2 and 5.2 shall remain exclusive, provided that the First Commercial Sale of a Licensed Product occurs by the seventh (7th) anniversary of the Effective Date.
If RIGEL elects to extend the Exclusivity Term with respect to the [ * ] cell line for an additional year, RIGEL shall pay to STANFORD an exclusivity extension fee of _________ (the "[ * ] Exclusivity Extension Fee").
If ALL has timely provided a Conversion Notice and GenMark has not, within the Extended Exclusivity Option Period, provided ALL with an Exclusivity Extension Exercise notice and paid the Exclusivity Extension Fee, the licenses granted to GenMark in Sections 5.1.1. 5.1.2 and 5.2 shall become non-exclusive.
If RIGEL elects to extend the Exclusivity Term with respect to the Phoenix cell line for an additional year, RIGEL shall pay to STANFORD an exclusivity extension fee of _________ (the "Phoenix Exclusivity Extension Fee").
All Exclusivity Extension Fees paid for a particular Reserved Target shall be fully creditable against any Expansion Option Payment due for such Reserved Target pursuant to Section 7.2.
For […***…] Reserved Target for which Ultragenyx exercises the Ultragenyx Expansion Option under Section 3.1.3, Ultragenyx will pay to Arcturus a one-time payment equal to […***…] Dollars (US$[…***…]), less all Exclusivity Extension Fee(s) paid for such Reserved Target paid under Section 7.3 (each, an “Expansion Option Payment”).