Safety Risk definition

Safety Risk means a risk of bodily injury or property damage.

Safety Risk means the predicted probability and severity of the consequences or outcomes of a hazard;

Safety Risk means any risk to the wellbeing of vehicle occupants or persons in the vicinity of the operating vehicle, including Safety Risk Events.

Examples of Safety Risk in a sentence

• Either Party may terminate the Agreement at any time in the event of a Material Safety Risk associated with the Product.

• In the event that the Party that does not hold the IND for a Development Candidate reasonably determines in good faith that a Clinical Study for such Development Candidate conducted pursuant to the Joint Exploratory Development Plan presents a Safety Risk and therefore should be discontinued, such Party shall notify the Party that holds such IND.

• In the event that the Party that does not hold the IND for a Product Candidate reasonably determines in good faith that a Clinical Study for such Product Candidate conducted pursuant to a Joint Plan presents a Safety Risk and therefore should be discontinued, such Party shall notify the Party that holds such IND.

• Neither Party may discontinue any Clinical Study for a Product Candidate conducted pursuant to a Joint Plan without the consent of the other Party; provided that the Party holding the IND for such Product Candidate shall have the right to discontinue any Clinical Study in the event such Party reasonably determines in good faith that such Clinical Study presents a Safety Risk.

• Neither Party may discontinue any Clinical Study for a Development Candidate (including any Indication Survey Study) conducted pursuant to the Joint Exploratory Development Plan without the consent of the other Party; provided that the Party holding the IND for such Development Candidate shall have the right to discontinue any Clinical Study for such Development Candidate in the event such Party reasonably determines in good faith that such Clinical Study presents a Safety Risk.

More Definitions of Safety Risk

Safety Risk means a danger to persons, property or the environment;

Safety Risk means the predicted probability and severity of the consequences or outcomes of a hazard;”; (yy) the insertion after the definition of “sector” of the following definition:

Safety Risk means a risk—

Safety Risk means, with respect to a Clinical Study of a Product, Product Candidate or Development Candidate anywhere in the Territory, a substantial and unwarranted safety risk (in light of the perceived benefit to be conferred by such Product, Product Candidate or Development Candidate) associated with the design of or possible results of such Clinical Study, based on the administration of such Product, Product Candidate or Development Candidate in a new dosage, dosage form or in a patient population not previously studied in a Clinical Study performed with respect to such Product, Product Candidate or Development Candidate by a Party under a Development Plan. Specific terms in this Exhibit have been redacted because such terms are both not material and are of the type that the Company treats as private or confidential. These redacted terms have been marked in this Exhibit with three asterisks [***].

Safety Risk means danger to a person, to property or to the environment;

Safety Risk means, with respect to a Clinical Study of a Product, Product Candidate or Development Candidate anywhere in the Territory, a substantial and unwarranted safety risk (in light of the perceived benefit to be conferred by such Product, Product Candidate or Development Candidate) associated with the design of or possible results of such Clinical Study, based on the administration of such Product, Product Candidate or Development Candidate in a new dosage, dosage form or in a patient population not previously studied in a Clinical Study performed with respect to such Product, Product Candidate or Development Candidate by a Party under a Development Plan.

Safety Risk means a measure of the potential consequences of a hazard, such as the expected number of human casualties, considering the probability of the associated event and the consequences, the projected severity for people, public and private property, and the environment (not including political, financial, technical, industrial, and project risks).