R&D Term definition

R&D Term has the meaning set forth in Section 2.2(b).
R&D Term means the period commencing upon the Effective Date and ending on the earlier of (i) five (5) years after the Effective Date, or (ii) a Change of Control of either Party.
R&D Term means, with respect to a given Licensed Target, the period beginning on the License Option Effective Date for such Licensed Target and ending on and expiring upon the earlier of (a) the date of cessation of any ongoing Development activities or any related obligations (including Manufacture of pre-clinical or clinical supply of any Licensed Construct or Licensed Product, in either case, Directed To such Licensed Target) performed by or on behalf of AbbVie for such Licensed Target, and (b) the effective date of termination of this Agreement for such Licensed Target or of this Agreement in its entirety.

Examples of R&D Term in a sentence

  • The JSC will cease to exist [***] after the end of the R&D Term, provided that during the Post R&D Period, the JSC shall be maintained to oversee any ongoing activities but it shall meet on ad hoc basis to govern activities as specified in Section 2.14.

  • Absent further agreement of the Parties but subject to Section 2.8(c) for an applicable R&D Program, the maximum duration of the R&D Term is four (4) years, and all R&D Programs will terminate upon expiration of the R&D Term.

  • Subject to and in accordance with the terms of this Agreement, during the R&D Term the Parties will [***] undertake Development activities as set forth in R&D Plans with the goal of identifying and Developing Collaboration mRNA Constructs and Product Candidates directed to R&D Program Pathogens, [***] the “R&D Programs”) and (c) [***].

  • Subject to [***], during the R&D Term, Moderna will not, and will cause each of its Affiliates not to, either itself, or together with any Third Party, [***].

  • Each Party will furnish to the JSC a summary written report within [***] after each [***] and [***] occurring during the R&D Term, describing its progress under the R&D Plans and [***] as part of the Collaboration Activities during the previous [***] period.


More Definitions of R&D Term

R&D Term means the period from the License Commencement Date until the parties have completed their respective Research and Development activities as provided in the applicable R&D Plan, unless this Agreement is terminated earlier in accordance with Article 11.
R&D Term means shall mean the period commencing on the Closing Date and ending on the 4th anniversary thereof.
R&D Term means the period commencing on January 1, 2001 and terminating on the earlier of: (a) the receipt of Regulatory Approval by ▇▇. ▇▇▇▇ in the last country in the Territory; (b) the date that this Agreement is terminated pursuant to the terms hereof; or (c) on December 31, 2008, or such later date as the Parties may mutually agree in writing.
R&D Term means the period commencing on the Closing Date and continuing for a period of [****] thereafter, or as extended by agreement of the Participants.
R&D Term means the period beginning on the Closing Date and ending on the date which is second anniversary thereof.
R&D Term means, on a Program-by-Program basis, the First R&D Term or the Second R&D Term, as applicable.
R&D Term shall have the meaning set forth in Section 10.1.