Phase 1 Completion definition

Phase 1 Completion means the earlier of (a) *** after *** the first Phase 1 Clinical Trial of a Compound or Therapeutic Product or (b) the Commencement of the first Phase 2 Clinical Trial of such Compound or Therapeutic Product. For clarity, clause (a) excludes ***.

Phase 1 Completion means the first day of the fiscal quarter in which the later of the following occurs:

Phase 1 Completion the completion of all aspects, including receipt of payment, of the issue and allotment of the Phase 1 Share so that the Buyer has unconditional perfected title to the Phase 1 Share as provided for in Schedule 3;

Examples of Phase 1 Completion in a sentence

• Phase 1 shall commence upon a written Notice to Proceed from the Owner/DES and shall end on the Phase 1 Completion Date as set forth below.

• Provided that, in the event that the SPV fails to procure the IICC Phase 1 Completion (to the extent not including the Project) by March 31, 2021, the schedule of payment of the instalments of the Lease Premium shall stand revised, such that for every full quarter of delay, the payment of Lease Premium shall be delayed by 1 (one) quarter.For the purposes of illustration, in the event IICC Phase 1 Completion occurs before June 30, 2021, the schedule of payment of Lease Premium shall not be revised.

• For the purpose of illustration, in the event IICC Phase 1 Completion occurs before April 30, 2021, the Term and the scheduled date to achieve COD shall not be extended.

• Upon achievement of the Phase 1 Completion Date an interim payment is contemplated to be made by the Hospital in respect of the Guaranteed Price in an amount equal to the Interim Reimbursement Payment Amount (as defined in the Guaranteed Price Contract), subject to holdbacks and adjustments as provided in the Project Agreements.

• However, if IICC Phase 1 Completion occurs between June 30, 2021 and September 30, 2021, the schedule of payment of Lease Premium shall accordingly be extended by a period of 1 (one) quarter.(b) A common area maintenance cost per square metre of the Maximum Permissible Built- Up Area of the Project on a monthly-basis commencing from the COD until the expiry of the Term or the termination of the Term, whichever is earlier (the “ Common AreaMaintenance Charge”).

More Definitions of Phase 1 Completion

Phase 1 Completion means when the Phase 1 Building Completion Certificate has been issued and Service Completion Certificates for all of the Services have been issued in respect of all of the Phase 1 Areas.

Phase 1 Completion means the earlier of (a) *** after ***, which *** the Parties agree was ***, or (b) the ***.

Phase 1 Completion shall have the meaning set forth in Article 7.2.

Phase 1 Completion shall have occurred when all of the following shall have been Successfully Completed :

Phase 1 Completion means the earlier of (a) *** after ***, which *** the Parties agree was ***, or

Phase 1 Completion has the meaning given to it in Appendix L (Phase 1 Completion and Phase 2 Completion) of Schedule 6 (Finance);

Phase 1 Completion means the last "Completion" under a Transfer Agreement relating to a Phase 1 Territory to occur;