Successful Demonstration definition
Examples of Successful Demonstration in a sentence
Successful Demonstration of Readiness will establish the Service Date.
Upon successful Demonstration of Readiness, the Service Date may be established per Section 3.2. Successful Demonstration of Readiness prior to the Service Date shall not advance the Service Date.
Successful Demonstration and Field of Use have the meaning given the Patent and Know How Licence between The Company and the University of the same date as this Agreement.
This Agreement shall commence with effect from the date of this agreement and shall, subject to clause 6, continue until Successful Demonstration of a prototype device in respect of each of the analytes in the Field of Use or 31 December 2014, whichever is earlier, unless terminated by either party giving to the other not less than 30 days’ notice.
After a Successful Demonstration as defined in Section 1.2, Licensee shall pay Licensor the Phase Two License Fee.