Examples of Jazz Option in a sentence
Prior to Jazz’s exercise of the Jazz Option for a given Collaboration Product, ImmunoGen shall have regulatory responsibility for such Collaboration Product, including conducting all meetings with Regulatory Authorities, and ImmunoGen shall own and hold all Regulatory Filings for such Collaboration Product.
The number of Ordinary Shares subject to each converted Jazz Option was determined by multiplying the Geneva Option Exchange Ratio by the number of GW ADSs subject to the applicable 2021 Option, and the option exercise price of any converted Jazz Option was determined by dividing the 2021 Option exercise price by the same Geneva Option Exchange Ratio.
Those core areas are: Social Studies, Language Arts, Mathematics, and Science.
Following Jazz’s exercise of the Jazz Option for a particular Collaboration Product, all responsibility for Regulatory Filings, associated documentation, and interactions with Regulatory Authorities shall be transferred to Jazz as set forth in the applicable License Agreement.
Following [***] of any such [***] in a [***] or any [***] that includes [***], [***] may [***] in [***] in such country or jurisdiction at its sole cost and expense, and [***]; provided, that [***] may [***] with a [***] or [***] with a [***] for the commercialization of [***] the Second [***] Late Stage Option Period expires without Jazz exercising its Jazz Option.
In consideration of the grant of the Jazz Option set forth Section 4.1, Jazz hereby agrees to pay ImmunoGen an upfront fee (the “Upfront Fee”) in the amount of Seventy-Five Million U.S. Dollars ($75,000,000) payable in accordance with Section 6.3 within [***] days after the Effective Date, which Upfront Fee shall be non-refundable and non-creditable.
Prior to Jazz’s exercise of the Jazz Option for a given Collaboration Product [***], ImmunoGen shall manufacture or have manufactured and supply such Collaboration Product and shall manufacture or have manufactured all materials (including all Antibodies, Linkers, Cytotoxic Compounds, and ADCs), directly or through Affiliates or Third Parties, to enable ImmunoGen to conduct such Development Program.
For the avoidance of doubt, if Jazz [***] of a Collaboration Product containing IMGN632 [***] pursuant to Section 5.2 or 5.3, or if Jazz exercises a Jazz Option or a Jazz Opt-Out with respect to such Collaboration Product, then (a) Jazz shall [***], (b) the Revised Jazz Development Funding Cap shall thereafter be [***], and (c) [***].
If this Agreement is terminated by Jazz under Section 9.2.1 or 9.2.2, then each of the Parties’ obligations pursuant to this Agreement shall terminate except those that survive pursuant to Section 9.4, all Collaboration Products for which a Jazz Option has not been exercised shall be deemed ImmunoGen Products, and ImmunoGen shall pay a royalty to Jazz pursuant to Article X.
In the event the Initial Public Offering does not occur, this Agreement shall be null and void and of no force or effect.