Initial Development Period definition

Initial Development Period means, with respect to any Development Property, the consecutive 12-month period commencing on the date such Development Property is issued a permanent certificate of occupancy (or its equivalent) (which period shall, for the avoidance of doubt, include any period during which such certificate of occupancy shall be effective prior to the date of acquisition of such Property by the REIT, the Borrower, any Subsidiary or any Unconsolidated Affiliate).

Initial Development Period means the period of time beginning on the Effective Date and ending on the FPFD of the first Hepatic Impairment Study for the Licensed Product.

Initial Development Period means the period commencing on the Effective Date and ending on the Initiation of the first Phase II Clinical Trial for the first Product.

Examples of Initial Development Period in a sentence

• During the Initial Development Period, the Parties shall use Commercially Reasonable Efforts to Develop the Products in accordance with the Collaboration Plans (as they may be amended from time-to-time in accordance with Section 4.2(b) or Section 6.3(c)).

• After the Initial Development Period, the Owners shall have the right to appoint, remove or replace directors as provided in these Bylaws.

• The obligations of the parties set forth in this Section 5 shall remain in effect for the duration of the Initial Development Period (as defined below) (the “Confidential Information Effective Period”).

• The pro forma and scoring report must demonstrate the NOI from existing units is fully used in funding of construction or renovation during the Initial Development Period (IDP).

• The MRC meets at least quarterly through the Initial Development Period (IDP) and no less than semi-annually throughout the remainder of the lease term, but may meet as often as required to promote a positive working relationship among all stakeholders.

More Definitions of Initial Development Period

Initial Development Period means the Development Period for the Initial Designated Product(s), to be planned and conducted as described in Section 2.6.

Initial Development Period means the period beginning on the Effective Date and ending on the fifth anniversary of the Effective Date.

Initial Development Period has the meaning set forth in Section 3.1.2.

Initial Development Period means the period commencing on the incorporation of the Company and ending on the admittance of 300 C Members;

Initial Development Period means, with respect to any Development Property, the consecutive 12‑month period commencing on the date such Development Property is issued a permanent certificate of occupancy (or its equivalent) (which period shall, for the avoidance of doubt, include any period during which such certificate of occupancy shall be effective prior to the date of acquisition of such Property by the REIT, the Issuer, any Subsidiary or any Unconsolidated Affiliate).

Initial Development Period means the period of twelve (12) months from the Effective Date, together with any extension thereof.

Initial Development Period means the period of time commencing on the Effective Date and extending for an initial period of twelve (12) months from the Effective Date of this Agreement. COMPANY may in its sole discretion extend the Initial Development Period (beyond such initial period) for two additional terms of six months each, and one additional term of three months, by written notice before the then-current Initial Development Period expires, provided that COMPANY may not extend if at the time of extension COMPANY is in material breach of this Agreement and has not cured such breach (unless such breach is curable and the period for cure has not yet passed). For clarity, in no event shall the Initial Development Period extend beyond twenty-seven (27) months from the Effective Date. [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.