Substitute Targets. If, prior to the Option Exercise Date with respect to a particular Selected Target, AZ acting reasonably, forms the view that a compound meeting the Development Candidate Criteria will not be identified, then, upon written notice to Silence, AZ may substitute such Selected Target for a new Selected Target (a “Substitute Target”) provided that:
Appears in 2 contracts
Sources: Research Collaboration, Option and License Agreement (Silence Therapeutics PLC), Research Collaboration, Option and License Agreement (Silence Therapeutics PLC)