Definition of Technology Transfer Completion Date


Technology Transfer Completion Date means the earlier of (i) the date on which all of the activities set forth in the Transition Plan are completed and (ii) nine (9) months after the Effective Date.
Sample 1

Examples of Technology Transfer Completion Date in a sentence

To the extent a delay in the Target Technology Transfer Completion Date is attributable to an act or omission of Therapure that is not otherwise caused by an event or circumstance beyond Therapures control, then Therapure shall compensate Insmed at a rate equal to $[***] per week that the Target Technology Transfer Completion Date is so delayed.
The parties acknowledge and agree that the parties will use reasonable commercial efforts to complete the Technology Transfer by the target technology transfer completion date, which the parties agree shall be [***] from the Effective Date (the Target Technology Transfer Completion Date).