R&D Term Sample Clauses

The R&D Term clause defines the specific duration during which research and development activities under an agreement are to take place. Typically, this clause will state the start and end dates for the R&D period, and may outline conditions for extension or early termination if certain milestones are met or not met. By clearly establishing the timeframe for R&D efforts, this clause ensures that both parties have aligned expectations and can plan resources and deliverables accordingly, reducing the risk of misunderstandings or disputes over project timelines.
R&D Term. Subject to [***], during the R&D Term, Moderna will not, and will cause each of its Affiliates not to, either itself, or together with any Third Party, [***].
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R&D Term. During the R&D Term, Moderna will not, [***].
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R&D Term. During the R&D Term, Merck will not, and will cause each of its Affiliates not to, either itself, or together with any Third Party, [***].
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R&D Term. The term of the R&D Program shall commence on the Effective Date and continue for one year following the Effective Date unless extended by mutual written agreement of the Parties or earlier terminated pursuant to Section 10.3 (the “R&D Term”).
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Related to R&D Term

  • Research Term The Research Program will be carried out during the two (2) year period following the Effective Date, unless this Agreement is terminated in accordance with Article 13 (such period, as may be extended pursuant to this Section 3.2, being the “Research Term”). BMS shall have the option to extend the Research Term for three (3) additional one (1) year periods on a year-by-year basis after the initial two (2) year period. At least one hundred eighty (180) days prior to the scheduled expiration of the Research Term (i.e., the applicable anniversary of the Effective Date) BMS will provide Ambrx with a nonbinding, good faith indication of whether or not BMS intends to extend the Research Term. In order to exercise its option to extend the Research Term, BMS must provide Ambrx a written notice exercising BMS’ option to extend the Research Term at least ninety (90) days prior to the scheduled expiration of the Research Term (i.e., the applicable anniversary of the Effective Date). If BMS does not provide such written notice, the Research Term will end when scheduled (i.e., on the applicable anniversary of the Effective Date). For each extension of the Research Term, subject to Section 3.4, the JRC will prepare an update to the Research Plan which will include an updated Budget for the BMS-funded Ambrx FTEs to perform the work required under such Research Plan and the projected Third Party Costs.

  • Initial Term The initial term will begin on the date set forth in the Contract documents or on the date the Contract is signed by all Parties, whichever is later.

  • Initial Period The Initial Period will begin on the date set forth above and will terminate on the earlier of (i) the Commercial Operation Date, or (ii) the Date the Agreement is terminated pursuant to the provisions of Clause 19.

  • Dpa Term Paragraph 4 on page 1 of the DPA setting a three-year term for the DPA shall be deleted, and the following shall be inserted in lieu thereof: “This DPA shall be effective upon the date of signature by Finalsite and ▇▇▇. and shall remain in effect as between Finalsite and LEA 1) for so long as the Services are being provided to LEA or 2) until the DPA is terminated pursuant to Section 15 of this Exhibit G, whichever comes first. ”

  • Service Term XOOM agrees to act as your exclusive natural gas supplier and will provide competitive retail natural gas service to you. The term of this Contract will begin when your local utility switches your account to XOOM and will continue for the Contract Term set forth in the accompanying Product Sheet.