The Development Plan Clause Samples

The Development Plan clause outlines the requirements and expectations for creating, submitting, and updating a detailed plan for the development of a project or product. Typically, it specifies the timeline, milestones, deliverables, and approval process for the plan, ensuring that both parties are aligned on the project's scope and progress. By formalizing these elements, the clause helps manage expectations, track progress, and reduce misunderstandings, ultimately facilitating smoother project execution and accountability.
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The Development Plan. 4.1.1 Establishment of the Development Plan. Within one hundred eighty (180) days following the Effective Date, the Development Team shall prepare and present to the Alliance Management Committee for its review and approval a proposed DEVELOPMENT PLAN for the remainder of the current CALENDAR YEAR and for the two (2) subsequent CALENDAR YEARS. Thereafter, on an annual basis, consistent with each Party's normal timelines for the budget planning process but in no event later than November 1 of each year, the Development Team shall prepare and present to the Alliance Management Committee for its review and approval a proposed DEVELOPMENT PLAN for the next CALENDAR YEAR and for the two (2) subsequent CALENDAR YEARS. Each proposed DEVELOPMENT PLAN shall consist of (a) a reasonably detailed plan and budget for the first CALENDAR YEAR covered by such plan, and (b) a preliminary assessment of the development activities to be performed during the two (2) subsequent CALENDAR YEARS covered by such plan. Upon approval of the Alliance Management Committee in accordance with Section 3.1 above, the proposed DEVELOPMENT PLAN, with such changes as the Alliance Management Committee may establish, shall become the DEVELOPMENT PLAN for the relevant period. If such a plan and budget is not established by January 1 of a CALENDAR YEAR, then, until it is established, the Parties shall continue to fund (pursuant to Section 4.4) those ongoing trials that were started under a previously approved DEVELOPMENT PLAN in accordance with the terms thereof.
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The Development Plan. Within 180 days of execution of this MOU, the Developer agrees to submit a development plan (“Development Plan”) in accordance with the open Solicitation of Development Partners (SDP) outlining their plans to develop a mixed use development offering. The Developer has met and discussed this plan with the Town and the Town feels this high-quality investment is important to integrate into the Town Center. The Developer will include a schedule for property closing and construction. Developer acknowledges that the Town has reasonable architectural review rights and the design and architecture of the Project shall be subject to Town approval, which approval shall not be unreasonably withheld.
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The Development Plan. In conformance with the requirements of the Agreement, the Company has annexed its Development Report to this First Amendment as Appendix C to the Agreement.
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The Development Plan. 4.1.1. Establishment of the Development Plan. Within one hundred eighty (180) days following the Effective Date, the Development Team shall prepare and present to the Alliance Management Committee for its review and approval a proposed DEVELOPMENT PLAN for the remainder of the current CALENDAR YEAR and for the two (2) subsequent CALENDAR YEARS. Thereafter, on an annual ----------
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The Development Plan. The overall strategy and anticipated budget for the Development of any Product are set out in the first Development Plan attached as Schedule 1. The Development Plan, including the Outline Candidate Evaluation and Selection Plan, Phase I Product and Clinical Development Plan and Later Stage Clinical Development Plan, shall be revised and updated by the SC as and when necessary during the course of the Development Programme with the intent that the Development Plan shall: (a) identify Development Activities to be conducted by each of the Parties and the anticipated timelines for such activities; (b) specify the standards applicable to any Development Activities including whether particular Development Activities are to be conducted in accordance with GLP, GMP or GCP; (c) include and, if necessary, update the criteria for the selection of Clinical Candidates; (d) describe the clinical and regulatory strategy for any Clinical Candidate or Product; (e) describe the intellectual property strategy for Emergent Patent Rights and Joint Patent Rights; (f) incorporate a manufacturing plan for clinical supplies of Clinical Candidates and any Product; and (g) include such other matters as the SC consider appropriate in relation to the Development Programme. During the Early Development Phase and during any other period during which the JPT has responsibilities pursuant to Clause 4.3, the JPT, and at any other time, sanofi pasteur, shall be responsible for proposing amendments to the Development Plan. No major amendment to the Development Plan shall be effective until approved by the SC. For the purpose of this Agreement any change to the Development Plan or an Annual Development shall be considered major if the change affects Emergent’s obligations under the Development Plan or any Annual Development Plan, or, in isolation or in aggregate with any other changes not previously approved by the SC, represents a material change to the resources engaged or to be engaged by sanofi pasteur in the Development of a Product, or affect or might be reasonably expected to affect the anticipated timetable for Development of a Product. sanofi pasteur shall provide Emergent with an up to date summary of the Development Plan and any Annual Development Plan within thirty (30) days of the commencement of each Quarter which summaries shall highlight any amendments (whether or not major amendments) made to such plan in the previous Quarter. sanofi pasteur shall promptly answer any queries...
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The Development Plan. The Development Plan, with milestones listed, setting out the specific responsibilities of each of ELITE and ORIT that will be required in order to complete development of the Product, and to secure regulatory approval necessary to the manufacture and sale of the Product in the Territory, is annexed hereto as EXHIBIT A. Each of the Parties agrees to use commercially reasonable best efforts to perform each of the milestone activities required to be performed by such Party on or before the dates required for performance of such activity under the Development Plan. Subject to all the terms and conditions of this Agreement, including but not limited to the provisions of Section 5, and in order to achieve the milestones set forth in the Development Plan, ORIT and ELITE hereby agree to conduct and carry out the activities set forth in Section 3.2, in the case of ORIT and in Section 3.3, in the case of ELITE. Exhibit A can be modified by mutual agreement of the Parties at any time.
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The Development Plan 
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Related to The Development Plan

  • Development Plan document specifying the work program, schedule, and relevant investments required for the Development and the Production of a Discovery or set of Discoveries of Oil and Gas in the Contract Area, including its abandonment.

  • Commercialization Plan On a Product by Product basis, not later than sixty (60) days after the filing of the first application for Regulatory Approval of a Product in the Copromotion Territory, the MSC shall prepare and approve a rolling multiyear (not less than three (3) years) plan for Commercializing such Product in the Copromotion Territory (the "Copromotion Territory Commercialization Plan"), which plan includes a comprehensive market development, marketing, sales, supply and distribution strategy for such Product in the Copromotion Territory. The Copromotion Territory Commercialization Plan shall be updated by the MSC at least once each calendar year such that it addresses no less than the three (3) upcoming years. Not later than thirty (30) days after the filing of the first application for Regulatory Approval of a Product in the Copromotion Territory and thereafter on or before September 30 of each calendar year, the MSC shall prepare an annual commercialization plan and budget (the "Annual Commercialization Plan and Budget"), which plan is based on the then current Copromotion Territory Commercialization Plan and includes a comprehensive market development, marketing, sales, supply and distribution strategy, including an overall budget for anticipated marketing, promotion and sales efforts in the upcoming calendar year (the first such Annual Development Plan and Budget shall cover the remainder of the calendar year in which such Product is anticipated to be approved plus the first full calendar year thereafter). The Annual Commercialization Plan and Budget will specify which Target Markets and distribution channels each Party shall devote its respective Promotion efforts towards, the personnel and other resources to be devoted by each Party to such efforts, the number and positioning of Details to be performed by each Party, as well as market and sales forecasts and related operating expenses, for the Product in each country of the Copromotion Territory, and budgets for projected Pre-Marketing Expenses, Sales and Marketing Expenses and Post-Approval Research and Regulatory Expenses. In preparing and updating the Copromotion Territory Commercialization Plan and each Annual Commercialization Plan and Budget, the MSC will take into consideration factors such as market conditions, regulatory issues and competition.

  • Development Plans Customer has provided Provider with a report attached hereto as Exhibit D (the “Current Development Plan”) describing in detail, as of January 1, 2017, the planned development, drilling, production, processing, treating, marketing and other activities to take place with respect to Dedicated Production and Customer Injected NGLs for the applicable Development Period. The information contained in the Current Development Plan is, with respect to the first three Years covered by the Current Development Plan, on a Quarter-by-Quarter basis, and with respect to the remaining Years covered by the Current Development Plan, on a Year-by-Year basis. The Current Development Plan attached hereto has been approved by the Parties. (a) From time to time during each Year of the Term, the Parties shall meet to discuss the planned development, drilling, production, processing, treating, marketing and other activities that Customer expects to take place with respect to Dedicated Production and Customer Injected NGLs for the then-applicable Development Period. Customer and Provider shall each make their respective representatives available to participate in such meetings and discussions. No later than August 1 of each such Year, Customer shall provide (or cause to be provided) to Provider a proposed update of the then-currently agreed Development Plan, prepared on the same basis as the Current Development Plan and describing in detail the planned development, drilling, production, processing, treating, marketing and other activities to take place with respect to Dedicated Production and Customer Injected NGLs for the then-applicable Development Period (any such update, an “Updated Development Plan” and, together with the Current Development Plan, each, a “Development Plan”). (b) Each proposed Development Plan shall include information as to the following, in each case, broken out, with respect to the first three Years covered by such Development Plan, on a Quarter-by-Quarter basis, and, with respect to the remaining Years covered by such Development Plan, on a Year-by-Year basis: (i) forward-looking production estimates for the applicable time period covered by such Development Plan for all Customer Gas and Customer Injected NGLs (A) that Customer reasonably and in good faith believes will become owned or Controlled by Customer during the time period covered by such Development Plan, and/or (B) that will be produced from (I) in the aggregate, all ▇▇▇▇▇ then-existing and (II) in the aggregate, all ▇▇▇▇▇ that are expected to be drilled during the time period covered by such Development Plan (each such Well reflected in such Development Plan, a “Planned Well” and, such collective estimates described in subsections (A) and (B), both with respect to a particular Quarter and an entire Year, the “Dedicated Production Estimates”); TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**). (ii) (A) each new receipt point (including the location thereof) proposed by Customer with respect to the Dedicated Production Estimate reflected in such Development Plan (each such receipt point, a “Planned Receipt Point”), (B) each Receipt Point at which Customer expects to Tender Customer Gas or Customer Injected NGLs reflected in such Development Plan into the TGP System, and (C) the estimated portion of the Dedicated Production Estimate contained in such Development Plan that Customer expects to Tender at each such Receipt Point and Planned Receipt Point; (iii) (A) each new delivery point (including the location thereof) proposed by Customer with respect to the Dedication Production Estimate reflected in such Development Plan (each such delivery point, a “Planned Delivery Point”), (B) each Delivery Point at which Customer expects to Nominate Customer Residue Gas or Customer NGLs produced from the Dedicated Production Estimate reflected in such Development Plan to be redelivered to Customer, and (C) the estimated volumes of Customer Residue Gas and Customer NGLs produced from the Dedication Production Estimate contained in such Development Plan that Customer expects to Nominate to each such Delivery Point; (iv) the earliest date on which each Planned Receipt Point and Planned Delivery Point included in the Development Plan is required by Customer to be placed into service, which date shall not be earlier than three Months after the January 1st that is immediately subsequent to the date that the Development Plan that initially reflected such Planned Receipt Point or Planned Delivery Point was delivered to Provider hereunder; (v) the anticipated characteristics of the production from the ▇▇▇▇▇ and Planned ▇▇▇▇▇ reflected in such Development Plan (including liquids content and gas and liquids composition) and the projected production volumes and production pressures applicable thereto; provided that Customer may utilize the existing and historical production information from similarly situated ▇▇▇▇▇; (vi) any (A) proposed revision to the then-existing Dedicated Area and/or any then-existing Dedicated Contract and/or (B) any new contract that Customer proposes to be a Dedicated Contract; and (vii) other information reasonably requested by Provider that is relevant to the design, construction, and operation of the TGP System, including (A) any applicable Plant Expansion or Facilities Modification proposed by Customer, (B) the relevant Receipt Point and Planned Receipt Point facilities applicable to such Development Plan, and (C) the relevant Delivery Point and Planned Delivery Point facilities applicable to such Development Plan. TERMS IN THIS EXHIBIT HAVE BEEN REDACTED BECAUSE CONFIDENTIAL TREATMENT FOR THOSE TERMS HAS BEEN REQUESTED. THE REDACTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION, AND THE TERMS HAVE BEEN MARKED AT THE APPROPRIATE PLACE WITH TWO ASTERISKS (**).

  • Development Program A. Development activities to be undertaken (Please break activities into subunits with the date of completion of major milestones) B. Estimated total development time

  • Program Development NWESD agrees that priority in the development of new applications services by WSIPC shall be in accordance with the expressed direction of the WSIPC Board of Directors operating under their bylaws.