Proof of Concept definition

Proof of Concept has the meaning set forth in Section 2.3.

Proof of Concept means, with respect to any product, the demonstration of the reasonable technical and commercial efficacy and feasibility of such product for its intended application.

Proof of Concept or “POC” means any Service provided by us and/or our Representatives on a trial basis to you.

Examples of Proof of Concept in a sentence

• Proof of Concept: Assist in testing new cloud-native platforms, products and processes, and vet their compatibility in your cloud environments.

• The MBZ’s are based on noise contours described in the 2008 Land Use Compatibility Proof of Concept Working Paper which are unweight levels exceeded only 10% of the time.

• If the Customer agrees to enter into a Proof of Concept trial of a Service, then the Customer agrees that no service levels apply and the Supplier will not be held liable for the quality of the Service during the period of the Proof of Concept trial.

• The individual MOA’s are further described below.Example Cross Section of a MOA or Restricted AirspaceCross Section provided in APAFR Proof of Concept Osceola County residents may also hear blast noise from base operations as illustrated in Military Blast Zone noise-impacted areas (MBZ), which are identified on Maps 1 through 4 in Appendix A.Residents within MBZ – 130 may hear noise ranging from 115-130db.

• Upon termination of the Proof of Concept trial all the Supplier's obligations and liabilities in relation to the Proof of Concept trial will cease.

More Definitions of Proof of Concept

Proof of Concept means an indication of efficacy in patients being studied.

Proof of Concept or “PoC” means testing the Software for evaluation purposes.

Proof of Concept means the time when a Phase II Clinical Trial for the Product that includes the activities set forth in Schedule 1.74 has been completed.

Proof of Concept means the trial of a Service by a Customer before its official release as a Service by the Supplier;

Proof of Concept or “PoC” means the stage of Development at which a Phase I Ready Compound has successfully satisfied the Proof of Concept Criteria, as such criteria are determined by GSK.

Proof of Concept means, with respect to a specified construct, formulation and dose of a specified Licensed Product for the treatment of a specified cancer indication, the demonstration in a Xxxxx 0/Xxxxx 0X xx Xxxxx 0X clinical study of safety and efficacy, sufficient to enable the Licensee to commence multi-center Phase 2 clinical studies without further studies, for such specified construct, formulation and dose of such specified Licensed Product for the treatment of such specified cancer indication. For purposes of the Agreement, “successful completion of a Licensee Phase 2 clinical study” shall mean, with respect to for a specified construct, formulation and dose of a specified Licensed Product in a specified cancer indication, the statistical demonstration in multi-center Phase 2 clinical studies of safety and efficacy, sufficient to enable the Licensee to commence pivotal Phase 3 clinical studies without further studies, for such specified construct, formulation and dose of such specified Licensed Product for the treatment of such specified cancer indication. ***Confidential Treatment Requested CONFIDENTIAL A-294-2011 NIH Patent License Agreement - Exclusive XXXXXXXX X — COMMERCIAL DEVELOPMENT PLAN […***…] ***Confidential Treatment Requested CONFIDENTIAL A-294-2011 NIH Patent License Agreement - Exclusive APPENDIX F — EXAMPLE ROYALTY REPORT Required royalty report information includes: • XXX license reference number (L-XXX-200X/0) • Reporting period • Catalog number and units sold of each Licensed Product (domestic and foreign) • Gross Sales per catalog number per country • Total Gross Sales • Itemized deductions from Gross Sales • Total Net Sales • Earned Royalty Rate and associated calculations • Gross Earned Royalty • Adjustments for Minimum Annual Royalty (MAR) and other creditable payments made • Net Earned Royalty due Example Catalog Number Product Name Country Units Sold Gross Sales (US$) 1 A US 250 62,500 1 A UK 32 16,500 1 A France 25 15,625 2 B US 0 0 3 C US 57 57,125 4 D US 12 1,500 Total Gross Sales 153,250 Less Deductions: […***…] 3,000 […***…] 7,000 Total Net Sales 143,250 Royalty Rate […***…]% Royalty Due […***…] Less Creditable Payments […***…] Net Royalty Due […***…] ***Confidential Treatment Requested CONFIDENTIAL A-294-2011 NIH Patent License Agreement - Exclusive APPENDIX G — ROYALTY PAYMENT OPTIONS The XXX License Number MUST appear on payments, reports and correspondence.

Proof of Concept means, in relation to a Future Product, documented completion of the following studies in accordance with cGCP and/or cGLP and/or cGMP, as applicable: (a) a pharmacokinetic study with [***] demonstrating an area under the curve (“AUC”) of [***] and the geometric mean ratio of the AUC point estimate for each analgesic active ingredient in such Future Product is within [***] of the applicable Orange Book reference listed strength of such Future Product; and (b) stability studies and data, including a 4-point dissolution profile for [***] products and a 5-point dissolution profile for [***] products consistent with current ICH guidelines under one or more of the following conditions [***].