GAD Products definition
GAD Products means any products produced by the Company or its Affiliates (directly or through any third party contract manufacturers) that uses the adeno-associated virus gene therapy encoding glutamic acid decarboxylase (formerly known as NLX-P101) for the treatment of ▇▇▇▇▇▇▇▇▇’▇ disease that was previously under development by Neurologix.
Examples of GAD Products in a sentence
Any amounts in excess of the Capped Percentage in a given fiscal quarter will accrue and be deductible against Royalties otherwise due to the Company Stockholders pursuant to Section 1.12(a) for such GAD Products in subsequent quarters, until the accrued amounts are fully deducted (but in all events subject to the Capped Percentage).
The Buyer may, in its sole discretion, obtain any licenses or other rights from third parties as the Buyer deems reasonably necessary to make, use, sell, offer for sale, import and otherwise commercialize any GAD Products.