Definition of Technical Failure

  1. Technical Failure means the failure to meet the required level of technical performance of the Products, in terms of the following:
  2. Technical Failure means the discontinuation of Development of an Alliance Product for [*] reasons, such as but not limited to [*] the inability to [*], or demonstration of [*] currently marketed products, or inability to produce [*] with acceptable [*]. [*]=CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
  3. Technical Failure means [*], or [*].

Examples of Technical Failure in a sentence

  1. In the event of termination of development of a particular Alliance Product for Technical Failure and an alternative Alliance Product in the same Discovery Program replaces such Terminated Alliance Product then milestone payments for such alternative Alliance Product shall not be paid in respect of milestones already achieved by the Terminated Alliance Product.
  2. Novartis may terminate this Agreement at any time after the License Effective Date, with immediate effect on a Product-by-Product or country-by-country basis if a Safety Concern or Technical Failure arises.

Definition of Technical Failure in Collaboration Agreement

Technical Failure means the failure to meet the required level of technical performance of the Products, in terms of the following:


Definition of Technical Failure in Distributor Agreement

Technical Failure means the suspension, termination or discontinuation of Development of a Product for technical, scientific, medical or regulatory reasons, such as but not limited to unacceptable preclinical toxicity, the inability to demonstrate sufficient effect in humans, demonstration of a side effect profile significantly worse than currently marketed products, or inability to manufacture API in an acceptable purity or crystalline form.


Definition of Technical Failure in License Agreement

Technical Failure means [*], or [*].