Initial Development Phase definition

Initial Development Phase means the period commencing on the Effective Date and expiring on the earlier of (a) the completion of the Initial Development Activities or (b) [***].
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Initial Development Phase means the period beginning on the date of the Agreement and ending on the first commercial shipment of the Product.
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Initial Development Phase means the period of time from the Effective Date to the time of delivery by QLT to Xenova of the Registration Package as more particularly set out in SECTION 4.2.
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Examples of Initial Development Phase in a sentence

  • For clarity, upon the expiration of the Initial Development Phase any remaining Initial Development Activities shall cease being characterized as Initial Development Activities.

  • The Members anticipate that at the end of the Initial Development Phase, the Board will determine the suggested wholesale price for the Product and have targeted a suggested wholesale price structure under which Sierra and Coll▇▇▇ ▇▇▇l pay the Company $24.00 per unit for the initial full-featured stand-alone multimedia CD-ROM version.

  • If the Initial Development Phase expires without all Initial Development Activities being completed, then Lilly shall have the right to cause Nektar, upon Lilly’s Notice to Nektar, to transition the performance of the remaining Initial Development Activities being performed by Nektar to Lilly and the Parties shall agree on, and execute, a transition plan to accomplish such transition as expeditiously as possible.

  • During the Initial Development Phase, Nektar shall own all Regulatory Approvals and be responsible for all decisions in connection therewith for Regulatory Approvals of Products in the Field and in the Territory; provided, that Lilly shall cooperate in these efforts as reasonably requested by Nektar.

  • During the Initial Development Phase, Lilly may propose that certain additional development activities [***] be conducted that are not included in the initial Development Plan attached as Schedule 4.1. If Nektar [***] accordingly.

  • During the Initial Development Phase, the Manager shall be Lynn ▇▇▇▇▇▇▇▇.