Initial Exclusivity Period definition

Initial Exclusivity Period means the period that begins on the First Commercial Sale Date and ends four (4) years thereafter (or, if earlier, on the effective date of any earlier termination of this Agreement).

Initial Exclusivity Period means the period beginning on the Effective Date and expiring on the earlier of (a) 24 months from the Effective Date or (b) 30 days after achievement of the Initial Immuno-oncology Clinical Milestone.

Initial Exclusivity Period has the meaning ascribed to such term in Section 15.4 of this Agreement.

Examples of Initial Exclusivity Period in a sentence

• Where the Initial Exclusivity Period does not exceed 12 months, the Agreement shall be sufficient].(Reasons of your request and/or forecasted tasks to be performed): (Attach the necessary documentation to support the above request)I, [NAME OF COMMUNITY REPRESENTATIVE] hereby grant the exclusivity requested under the same terms and conditions of the Agreement.

• The reasons for exclusivity are as follows: [NOTE: The Parties shall only use Form A for an Initial Exclusivity Period which exceeds 12 months.

• Where the Initial Exclusivity Period is for 12 months, the Community Representative shall have the discretion to extend the Initial Exclusivity Period for up to an additional 12 months after the expiration of the Initial Exclusivity Period (“ Supplementary Exclusivity Period”), provided that the Mini-Grid Developer has made significant progress to the satisfaction of the Community.

• If Stryker, at its sole option, extends the Term on a non-exclusive basis for a period of two (2) years from the end of the Initial Exclusivity Period in accordance with Section 2.3(c), then Stryker will pay Osiris a fee determined in accordance with this Section 6.3 (the “Non-Exclusive Extension Fee”).

• BullFrogAI shall have the sole right and responsibility for the performance and execution of the Development Plan and the transfer of all Deliverables, which shall be provided to LIBD at the end of the Initial Exclusivity Period.

More Definitions of Initial Exclusivity Period

Initial Exclusivity Period shall have the meaning set forth in Section 11.8(a).

Initial Exclusivity Period is defined in Clause 3.1 (Exclusivity).

Initial Exclusivity Period has the meaning ascribed to it in Section 3.2.

Initial Exclusivity Period has the meaning set forth in Section 2.4. 1.42 “Invention” means any and all patentable inventions as determined in accordance with United States patent law. 1.43 “IPO” means DelSiTech’s first underwritten public offering of its common stock under the Securities Act of 1933, as amended, or any foreign equivalent thereof (including any initial public offering at any stock exchange, such as First North or Nasdaq in Helsinki, Finland), and the rules and regulations promulgated thereunder. 1.44 “IVERIC Background IP” means all Patents and Know-How pertaining to the Licensed Product that: (a) are Controlled by IVERIC as of the Effective Date; or (b) becomes Controlled by IVERIC after the Effective Date independent of the activities undertaken under this Agreement. 1.45 “IVERIC Improvement IP” means all: (a) Know-How pertaining to the combination of the IVERIC Product and DelSiTech Technology and that is (i) Created by or on behalf of one or both Parties (or any of their respective Affiliates) during the Term in the course of performance of any Work Plan (or during the SA pursuant to services performed thereunder), or (ii) developed by or on behalf of IVERIC or its Affiliates in the exercise of any license granted hereunder; and (b) all Patents Covering the Know-How described in subsection (a). For the avoidance of doubt, the Provisional Patent Application, and all Patents Covering the subject matter contemplated by the Provisional Patent Application, constitute IVERIC Improvement IP. 1.46 “IVERIC Improvement Patent” means any Patent within the IVERIC Improvement IP. 1.47 “IVERIC Indemnitee” has the meaning set forth in Section Article 11. 1.48 “IVERIC IP” means IVERIC Background IP and IVERIC Improvement IP. The Patents comprising IVERIC Background IP as of the Effective Date are listed in Exhibit A2, which

Initial Exclusivity Period has the meaning specified in Section 2.1;

Initial Exclusivity Period means the period commencing on the Effective Date and continuing until the third (3rd) anniversary thereof. Such period: (1) may be extended for additional one year periods by written agreement of the Parties at least thirty (30) days prior to the expiration of the then current exclusivity period; and (2) may be terminated by either Party upon a breach by the other Party of the terms hereof, provided that the terminating Party first provides the other Party with notice of the intent to terminate, specifying the breach in reasonable detail, and provides the other Party with thirty (30) days to cure.

Initial Exclusivity Period has the meaning set forth in Section 5.1.1(c).