Research Program Expenses Clause Samples
The Research Program Expenses clause defines how costs related to a research program are identified, allocated, and reimbursed between the parties involved. Typically, it outlines which expenses are considered allowable, such as personnel, equipment, or materials, and may specify procedures for submitting expense reports or obtaining pre-approval for certain costs. This clause ensures transparency and fairness in managing financial responsibilities, helping to prevent disputes over which party is responsible for specific research-related expenditures.
Research Program Expenses. Each Party shall bear the costs and expenses of work conducting its own activities pursuant to the Research Program.
Research Program Expenses. [***] costs incurred with respect to any Collaboration Product [***] (“Research Costs”).
Research Program Expenses. Except to the extent that the Parties mutually agree to share Expenses and Manufacturing Costs for any Research, all Research Program Expenses incurred by Sirius in connection with Sirius Activities in accordance with the applicable Research Plan and associated Research Budget will be reimbursed by CRISPR in accordance with Section 7.3.1, and all costs and expenses incurred by CRISPR in connection with CRISPR Activities will be borne solely by CRISPR.
Research Program Expenses. Except as expressly set forth in Section 3.3, each Party shall bear all costs and expenses it incurs in connection with its activities under the Research Program.
Research Program Expenses. [***] costs incurred with respect to any activities undertaken pursuant to a Research Program or its own independent research.”
(e) The first sentence of Section 3.5 shall be amended to read in its entirety as follows: “The Parties shall determine whether to advance a Collaboration Product to a Development Program.”
(f) Section 3.5(c) shall be amended to read in its entirety as follows:
Research Program Expenses. DiCE shall be fully responsible for all costs and expenses (both internal and external) it incurs conducting the Research Program; provided, however, that DiCE shall not be obligated to spend any amounts on the conduct of the Research Program that exceed the amounts budgeted for such activities in the then-current Research Plan.
Research Program Expenses. 2.2.1 [*]
2.2.2 PATIENT SAMPLE COLLECTION AND OTHER THIRD PARTY COSTS. [*] In the event payments are required under any such contracts without an invoice from the Third Party, Sequana shall provide Warner with a copy of the relevant contract and Warner shall pay to Sequana all amounts due to such Third Party at least fourteen (14) business days prior to the date the relevant payment is due to the Third Party or. in the case of any payment due within fourteen (14) business days of the Effective Date, [*] shall make such payment to [*] within fourteen (14) business days of [*] written notice to [*] that such payment will become due.
Research Program Expenses. […***…] activities pursuant to the Research Program.
Research Program Expenses