Ono Development Plan definition
Examples of Ono Development Plan in a sentence
Ono shall prepare an amendment to the Ono Development Plan to reflect any changes to the objectives, Development activities or time table set forth in the Ono Development Plan arising from the replacement of such discontinued Licensed Product with a substitute Licensed Product, if any, within [**] after the determination of Back-Up Compound by the JOC.
Each Party shall regularly inform the other Party, and shall formally provide written progress reports for the JOC on a [**] basis, summarizing the Development activities conducted by each Party and its Related Party, including any issues relating to meeting the obligations, objectives or timetables set forth each in the Ono Development Plan, the Karyopharm Development Plan or the Global Development Plan.
Ono will present any proposed amendments to each Ono Development Plan to the JOC for the JOC’s review and discussion reasonably in advance of Ono’s intention to implement such plans or amendments, including any amendments required under Section 2.7.2 below.
Ono will conduct all Development of the Licensed Products in the Field for the Ono Territory solely in accordance with the terms of this Agreement and the applicable Ono Development Plan or Global Clinical Development Plan, as applicable, as such Ono Development Plan or Global Clinical Development Plan may be amended or updated from time to time in accordance with this Agreement, and in accordance with all applicable Law.
Without limiting the generality of the foregoing, Ono shall use Commercially Reasonable Efforts to conduct its Development activities under and in accordance with the Ono Development Plan.
For each Ono Development Plan, Ono shall also prepare and submit an updated Ono Development Plan to the JOC for the JOC’s review and discussion [**].
By the [**] of the Effective Date, Ono shall prepare and submit to the JOC for review and discussion an Ono Development Plan for the Licensed Product containing KPT-8602 setting forth the objectives of the Development to be conducted by Ono, the Development activities to be undertaken with respect to such Licensed Products containing KPT-8602 by or on behalf of Ono in the Field in the Ono Territory and a time table for the conduct of such activities.