Third Commercial Term definition

Third Commercial Term means the period of time from expiration of the Second Commercial Term and extending until expiration of the Commercial Term.

Related to Third Commercial Term

  • Commercial Terms means this Agreement excluding the Purchase Order;

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • License Term means the duration of a License as specified in the Order.

  • Research Period means the research period as described in the Commissioned Research Plan. In accordance with the provisions of this Agreement, in the event that the Agreement ended prior to the completion date of the research originally set, the date the Agreement ends shall be read as the research period.

  • Offering Commencement Date means the first day of each Offering Period.

  • Development Term means the period commencing on the Closing Date and ending on the earlier of (a) the Option Closing Date or (b) the date the Option terminates or expires other than by exercise.

  • Academic term means a division of the school year during which a course of studies is offered, and includes a semester, quarter, or single consolidated summer term as defined by the institution.

  • Research Program Term has the meaning set forth in Section 2.2.

  • Renewal Term has the meaning set forth in Section 2.

  • Research Term has the meaning set forth in Section 3.2.

  • Research facility means buildings and structures, including machinery and equipment, used or to be used primarily for research or experimentation to improve or develop new tangible goods or materials or to improve or develop the production processes thereto.

  • Non-Commercial means not intended for or directed towards commercial advantages or monetary compensation.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Initial Term has the meaning set forth in Section 7.1.

  • Collaboration Know-How means all Know-How conceived, discovered, developed or otherwise made by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing (solely or jointly by or on behalf of a particular Party or any of its Affiliates or permitted subcontractors of any of the foregoing) in the course of [***].

  • Commercial Launch means the initial First Commercial Sale of a Product in the Territory.

  • Extended Term shall have the meaning given such term in Section 2.4.

  • Commercial Sale means for a given product and country the sale for value of that product by a Party (or, as the case may be, by an Affiliate or permitted sublicensee of a Party), to a Third Party after regulatory approval (if necessary) has been obtained for such product in such country.

  • Development Area means that area to which a development plan is applicable.

  • licensed activities means things authorised to be done by the licence

  • Union territory means the territory of—

  • Royalty Term has the meaning set forth in Section 8.3(b).

  • Non-Commercial Use means any use or activity where a fee is not charged and the purpose is not the sale of a good or service, and the use or activity is not intended to produce a profit.

  • Agreement Term has the meaning set forth in Section 11.1.

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Research Use shall have the meaning given in Section 2.2.2 of this Agreement.