Incubation definition
Examples of Incubation in a sentence
Wherein innovators would be supported and mentored to become successful entrepreneurs at Incubation Centres and ▇▇▇▇ Tinkering Laboratories.
The final versions of the Final Report and the Executive Summary shall be delivered by the Incubatee at the latest at the Incubation End Date.
The Business Plan shall be delivered at least one (1) month prior to the Incubation End Date.
The Incubator shall review the draft version of the Final Report and the Executive Summary and provide comments to the Incubatee at latest two (2) weeks before the Incubation End Date.
At least one (1) month prior to the Incubation End Date, the Incubatee shall deliver the draft versions of the Final Report and the Executive Summary using the Final Report template applicable to this Contract.
Notwithstanding the foregoing provisions of this Paragraph 2, Company and Bottler agree that once an Incubation Beverage ceases to meet the criteria for Incubation Beverage (i.e., by achieving sales volume nationally of at least twelve (12) million physical cases and annual sales revenue of at least $100 million USD in the immediately preceding 12 month period), such beverage will be treated as a New Beverage Product subject to the provisions of Paragraph 5 of this Agreement.
Not later than at the Final Review, the Incubatee shall deliver all items specified in the Incubation Deliverables List to the Incubator.
The said fee shall be payable to CIBA in the bank account details provided in Schedule II or shall issue cheque in favour of ‘Centre for Incubation and Business Acceleration’.
Bottler’s (and any of its subsidiaries’) aggregate business directly and primarily related to the manufacture of Authorized Covered Beverages (as defined in the Regional Manufacturing Agreement), Permitted Beverage Products and any other Beverages (including Incubation Beverages), Beverage Components or beverage products distinguished by Trademarks owned by or licensed to Company authorized under any separate written agreement with Company or any of Company’s Affiliates.
During the Incubation period, the Incubatee shall have full authority to access the facilities provided by CIBA as detailed in Schedule-I.