ROFN definition

ROFN has the meaning set forth in Section 2.5(a).

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ROFN has the meaning set forth in Section 3.2.1.

ROFN shall have the meaning set forth in Section 2.2(a).

Examples of ROFN in a sentence

If, during the Follow On ROFN Period, ▇▇▇▇▇-▇▇▇▇▇▇ receives an expression of interest from a Third Party with respect to a Follow On License, ▇▇▇▇▇-▇▇▇▇▇▇ will provide notice thereof to ▇▇▇▇ and ▇▇▇▇ will confirm whether it desires to negotiate a Follow On License within [***] days of such notice.
If at any time prior to [***] years after Product Commercial Launch (the “Follow On ROFN Period”), Aytu desires to negotiate a Follow On License, Aytu shall provide notice of such desire to ▇▇▇▇▇-▇▇▇▇▇▇.
If ▇▇▇▇▇-▇▇▇▇▇▇ determines it will explore sale or other disposition of ▇▇▇▇▇-▇▇▇▇▇▇ Intellectual Property licensed to Aytu for the Product in the Territory during the period in which the ROFN in Section 8.3 remains in effect, any such sale or other disposition would be subject to the ROFN in Section 8.3.
If the Parties fail to enter into a Follow On License prior to the expiration of the Negotiation Period, then such ROFN shall expire and ▇▇▇▇▇-▇▇▇▇▇▇ shall be free to enter into a Follow On License with a Third Party.
As it relates to any Follow On Product(s), should Aytu exercise its ROFN in accordance with Section 8.3 and the Parties enter into a Follow On License, Aytu shall be solely responsible at its own cost for all regulatory matters regarding such Follow On Products in the Territory.

ROFN has the meaning set forth in Section 9.6.3.

ROFN has the meaning set forth in Section 3.7.1 (ROFN Exercise Notice).

ROFN means the right of first negotiation as set forth in Section 5.1 (Right of First Negotiation).

ROFN shall have the meaning set forth in Section 4.2.

ROFN has the meaning set forth in Section 8.1(a).

ROFN shall have the meaning set forth in Section 5(f).

ROFN shall have the meaning set out in Section 2.8 of the Agreement.