Examples of Option Fields in a sentence
At no time during the Agreement Term shall there be more than five (5) Non-Exclusive Option Fields unless otherwise mutually agreed to by the Parties in writing.
Following a Disease Field Exchange Request, the procedures for selecting Time-Limited Exclusive Option Fields in Section 2.1.2(a) and Non-Exclusive Option Fields in Section 2.1.3(a), as the case may be, will apply with necessary changes (mutatis mutandis).
This notwithstanding, Genocea shall use reasonable efforts to appoint the Time-Limited Exclusive Option Fields by December 31, 2009.
At no time during the Agreement Term shall there be more than three (3) Time-Limited Exclusive Option Fields unless otherwise mutually agreed to by the Parties in writing.
Promptly following the completion of the first Phase II clinical trial for a DNA nanobinder compound in each of the GS Option Fields, GS shall notify LGLS and disclose to LGLS all available preclinical and clinical data regarding the use of such DNA nanobinder compound in the GS Option Field in question.
If Orchid makes no such election, Xxxxxxx may, within sixty (60) additional days, elect the Option Field(s) to be removed by notice to Orchid.
In addition to the Options set forth in Section 2.3, at Orchid's request Xxxxxxx will negotiate in good faith with Orchid at any time for the terms and conditions of an exclusive license in one or more Option Fields which are not the subject of a current or past Funded Research Program.
For any two-year period during which Orchid has failed to exercise rights to at least one Option Field, Orchid shall lose the rights to two of the remaining unexercised Option Fields.
Upon the signing of this Agreement and upon exercise of any of the Option Fields of Use under 5.2, both parties shall be entitled to make public — through a press release or otherwise - that Licensee has taken a license to the Patents from the Licensor.
For the duration of the Option Period, in order to facilitate agreements with Partners for Funded Research Programs, in connection with the licenses and rights granted herein to Orchid, Xxxxxxx agrees to provide reasonable assistance to Orchid in the area of business development in the Orchid Field and any available Option Fields as requested by Orchid.