License Option Period definition

License Option Period means a period of ten (10) Contract Years commencing on the Effective Date.
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License Option Period means with respect to each UCB Reserved Protein, the period commencing on the date on which UCB receives all of the Evaluation Materials for such UCB Reserved Protein, and continuing for *** thereafter, as such period may be extended pursuant to Section 4.3.2.
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License Option Period means the time period commencing upon the date Voyager delivers to AbbVie the first complete Final Development Report with respect to a Selected Research Compound, and ending [**] after the date Voyager delivers to AbbVie the complete Final Development Report with respect to the last Selected Research Compound, during which time AbbVie shall have the right to exercise the License Option; provided, however, that if any such Final Development Report delivered by Voyager to AbbVie is not complete, such time period shall not end until [**] after the date Voyager has provided AbbVie a complete Final Development Report for each such Selected Research Compound.
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Examples of License Option Period in a sentence

  • If the parties fail to enter into a license agreement within the License Option Period under the provisions of this Section 7.1, University rights in University Inventions and Joint Inventions shall be disposed of in accordance with University policies with no further obligations to Sponsor.

  • During the License Option Period, University agrees that it will not offer its rights in University Inventions or Joint Inventions to any third party or negotiate with third parties with respect to those rights.

  • Based on the criteria set forth in (i) and (ii) above, the parties shall determine in good faith the exact scope of the Target by mutual written agreement, subject to modification from time to time during the License Option Period in the same manner.

  • All such Target Reservations shall expire upon expiration of the License Option Period, unless earlier terminated as provided in this Agreement.

  • Such exclusive right shall be in effect from the date Abboxx xxxrcises each Target Reservation until the end of the License Option Period, but only so long as the Target Reservation remains in effect.

  • This Agreement shall terminate automatically without any further action by either Party in the event that Indivior does not exercise the License Option within the License Option Period in accordance with Section 2.1.2.

  • Unless terminated earlier by mutual written agreement of the parties or pursuant to Section 13.2, this Agreement shall expire on the later of: (a) the end of the License Option Period and (b) the date of expiration of the last Royalty Term for any Product to expire in any country in the Territory.

  • My card will be billed the same day as my scheduled telemedicine appointment.

  • The foregoing notwithstanding, UCB shall have the right: (i) during the applicable License Option Period to retain any and all Materials related to a UCB Reserved Protein that were provided to it by or on behalf of FivePrime pursuant to Section 4.3.1; and (ii) thereafter to retain any and all such Materials which are related to any such UCB Reserved Protein that becomes a Licensed Protein, unless and until such time (if any) that it becomes a Terminated Protein.

  • On a Collaboration Degrader Target Set-by-Collaboration Degrader Target Set basis, during the applicable Degrader License Option Period, the Parties shall, through the JPC, share jointly responsibility and the costs and expenses to defend, or take other Actions (including to settle), with respect to any Third Party Infringement Claim relating to any Collaboration Degrader or Collaboration Degrader-Antibody Conjugate Directed To the applicable Collaboration Degrader Target Set.


More Definitions of License Option Period

License Option Period means the period commencing on the Effective Date and ending three (3) months following the completion of the End-of-Phase 2 meeting (as defined in 21 CFR 312.47) between Aelis and FDA relating to the Option Study 1.
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License Option Period means with respect to a particular FTE Group Invention, a period of [*] from the date that the Representative Institution provides written notice to Olympus pursuant to Section 3.3 (a) concerning such FTE Group Invention.
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License Option Period shall have the meaning set forth in Section 2.
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License Option Period has the meaning set forth in Section 3.2.3.
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Related to License Option Period

  • Purchase Option Period As defined in Section 9.03(a) hereof.

  • Option Period means the period during which an Option may be exercised.

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • License Term means the duration of a License as specified in the Order.

  • Royalty Term has the meaning set forth in Section 8.3(b).

  • Renewal Option has the meaning set forth in §12.1.

  • Termination Option means the option of either party to terminate a transaction in the event that the other party fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer for a designated number of days during a period as specified on the applicable Transaction Confirmation.

  • Shoe Option means the Initial Purchasers’ option to purchase up to seventy five million dollars ($75,000,000) aggregate principal amount of additional Notes as provided for in the Purchase Agreement.

  • ROFO Period is defined in Section 6.1(a).

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Exercise Period means the period commencing on the Issuance Date and ending on 5:00 p.m. eastern standard time on the five-year anniversary thereof.

  • Recapture Period means, with respect to any Project, the period from the date such Project is Placed in Service through the fifth anniversary of such date.

  • First Option has that meaning set out in Section 3.1 (a);

  • Research Term has the meaning set forth in Section 3.2.

  • Purchase Option Notice As defined in Section 3.18(e).

  • Transferable development right means a right to develop and use land that

  • Termination Option Event means an event of a kind defined as such in Section 4.1, 4.2 or 4.8.

  • License year means the period of time for which a

  • Option Exercise Period has the meaning set forth in Section 5.3(c).

  • Option Right means the right to purchase Common Shares upon exercise of an option granted pursuant to Section 4 of this Plan.

  • Termination Right have the respective meanings given in the PRA Contractual Stay Rules.

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Licence Period , in relation to a licence, means each calendar year during which, or during any part of which, the licence is in force;

  • Renewal Period “Buyer” and “Default” have the same meanings respectively as they have in the Water Agreement.