Option Product definition

Option Product means a Put Option or a Call Option;

Option Product shall have the meaning assigned to it in Section 2.1 of the Albuterol and Product Option Agreement.

Option Product means any preparation in final form that contains an Option Compound.

Examples of Option Product in a sentence

• Autolus will provide the JSC with updates on the progress of the Sponsor’s activities in relation to such Option Product or Next Gen Product, as applicable, every [***] during the applicable (i) Product Option Period for each Option Product, and, (ii) Next Gen Product Option Period for each Next Gen Product.

• Within [***] after (i) the Parties have agreed on a Product Agreement for the applicable Option Product or (ii) the arbitrator has given a final decision in Baseball Arbitration, as applicable, BioNTech may notify Autolus in writing that it wishes to execute the applicable Product Agreement (a “Product Option Exercise Notice”).

• The Option Product Development Plan would be included as an initial Development plan to the Product Agreement.

• Autolus will also provide the JSC with updates on the progress of the Development of each Option Product and Next Gen Product [***] from [***] until the end of the Product Option Period for the applicable Option Product and from [***] until the end of the Next Gen Product Option Period for the applicable Next Gen Product.

• If the anticipated start date for the Development activities included in the Option Product Development Plan is more than [***] after BioNTech’s receipt of the Option Product Development Plan, the Parties would [***].

More Definitions of Option Product

Option Product means (a) a Candidate Product selected pursuant to Section 6.10 or (b) a [***] Product, as applicable.

Option Product means (i) a product that meets the definition of “Product” in Section 1.77, except that the term “Option Compound” shall be substituted in place of “corticosteroid,” and (ii) clause (B)(2) and the third sentence of Section 1.77 shall be omitted.

Option Product means any of the BioGenerics products set forth in Exhibit 1.61 (Option Products).

Option Product means a fragment of a monoclonal antibody listed on Exhibit D.

Option Product means any pharmaceutical product which results during the Research Term [ * ], from research conducted with respect to an Option Compound. Each Option Product shall be deemed to include [ * ].

Option Product means any of the following engineered organs or organ substitutes, or portions thereof: [***].

Option Product means a product that includes, contains or incorporates one or more Option Sequences delivered by a Gene Therapy Vehicle, including all forms, presentations, strengths, doses and formulations (including any methods of delivery), whether solely or together with other components of such product.