IRCT definition

IRCT means the Borrower’s Institute for Cotton and Textile Research;
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Examples of IRCT in a sentence

  • This Agreement does not prohibit deCODE from (i) conducting IRCT [CONFIDENTIAL TREATMENT REQUESTED]; or (ii) conducting clinical trials [CONFIDENTIAL TREATMENT REQUESTED].

  • The milestone payment shall be payable only upon the [**] achievement of such milestone for any Test or Product containing a unique IRCT Compound and no amounts shall be due hereunder for [**] achievement of such milestone with other Tests or Products containing that IRCT Compound.

  • Certain expenditures directly associated with the conduct of the IRCT in accordance with Section 2.3 shall be borne solely by MERCK and shall not be considered part of the Research Program funding subject to the defined contributions of the Parties.

  • In those cases where MERCK sells bulk IRCT Compound or Related IRCT Compound rather than Product in packaged form to an independent Third Party, the royalty obligations of this Section 5.4 shall be applicable to the bulk IRCT Compound or Related IRCT Compound.

  • If a Test has not been previously developed under Section 2.13(a) for the IRCT Compound in the Product by a Third Party, then prior to accepting any specific bid from a Third Party, MERCK shall inform deCODE about the bid by providing deCODE with a written notice including sufficient information about the Test Milestones in the Third Party bid.

  • In the event that MERCK and deCODE begin an IRCT with a Selected Compound in a Non-exclusive Disease Area, deCODE shall not commence any IRCT with [CONFIDENTIAL TREATMENT REQUESTED].

  • Prior to the initiation of any IRCT herein the Parties shall agree in writing signed by members of the Executive Committee or their designees on what is a Successful Clinical Result and the signed writing shall become part of the corresponding Work Plan for that IRCT.

  • In the event that the term of the Research Program expires or the Research Program is terminated during the pendency of an IRCT or in the event that the Parties elect to abandon or terminate any IRCT during the course of the Research Program, the Parties shall arrange for orderly completion or early termination of such IRCT over a reasonable period of at least 90 days, including making provision for payment for all non-cancelable expenses associated therewith.

  • In the event that MERCK determines that neither it nor its Affiliates will commercialize an IRCT Compound and in its sole discretion determines that it will license the commercial rights to a Third Party, it shall notify deCODE of such decision and shall negotiate exclusively with deCODE in good faith on the terms and conditions on which it is willing to license commercial rights to such IRCT Compound for a period of [**].

  • The activities to be undertaken in the course of each IRCT pursuant to the Research Program will be set forth in a Work Plan (Schedule 2.1-X) wherein X shall begin with 1 continue in succession.

Related to IRCT

  • genocide means any of the following acts committed with intent to destroy, in whole or in part, a national, ethnical, racial, or religious group, as such: killing members of the group; causing serious bodily or mental harm to members of the group; deliberately inflicting on the group conditions of life calculated to bring about its physical destruction in whole or in part; imposing measures intended to prevent births within the group; or forcibly transferring children of the group to another group.

  • Cannabidiol means a finished preparation containing, of its total cannabinoid content, at least 98 percent cannabidiol and not more than 0.90 percent tetrahydrocannabinol by volume that has been extracted from marijuana or synthesized in a laboratory.

  • Cannabis means all parts of the plant Cannabis sativa Linnaeus, Cannabis indica, or Cannabis ruderalis, whether growing or not; the seeds thereof; the resin, whether crude or purified, extracted from any part of the plant; and every compound, manufacture, salt, derivative, mixture, or preparation of the plant, its seeds, or resin. “Cannabis” also means the separated resin, whether crude or purified, obtained from cannabis. “Cannabis” does not include the mature stalks of the plant, fiber produced from the stalks, oil or cake made from the seeds of the plant, any other compound, manufacture, salt, derivative, mixture, or preparation of the mature stalks (except the resin extracted therefrom), fiber, oil, or cake, or the sterilized seed of the plant which is incapable of germination. For the purpose of this division, “cannabis” does not mean “industrial hemp” as defined by Section 11018.5 of the Health and Safety Code. Cannabis and the term “marijuana” may be used interchangeably.

  • Marijuana product means marijuana as defined in 50-32-101 and marijuana-infused products

  • Marijuana products means concentrated marijuana products and marijuana products that are comprised of marijuana and other ingredients and are intended for use or consumption, such as, but not limited to, edible products, ointments, and tinctures.