Active Program definition
Examples of Active Program in a sentence
Under the supervision of the Joint Steering Committee, Discovery activities to be undertaken with respect of each such Active Program shall be set forth in a research plan (each such plan, a "Research Plan") that will set forth the Parties' respective obligations with respect to such Active Program, including, workflow, deliverables, timelines, and budgets, it being understood that Novartis representatives on the Joint Steering Committee shall be subject to Novartis's standard budget procedures.
During the Research Term, Novartis shall pay, or cause to be paid, to Alnylam an infrastructure fee (the "Infrastructure Fee") of [**] dollars ($[**]) per Contract Quarter for each Active Program meeting both of the following criteria: (i) such Active Program was active for at least [**] during such Contract Quarter, and (ii) Alnylam provided at least [**] within such Contract Quarter for such Active Program.
Except as otherwise expressly permitted by this Agreement, Isis shall not (i) conduct any research on any Drug Discovery Target or any ASO Compound directed thereto, outside the course of the Collaboration either on its own or for a Third Party or (ii) grant or assign any rights to a Third Party with respect to any Drug Discovery Target or ASO Compound directed thereto, in each case, while such Drug Discovery Target is the subject of an Active Program.
For the avoidance of doubt, following the Joint Steering Committee's election to deem an Active Program as an Abandoned Program, Novartis's rights under the "Discovered RNAi Compound(s)," "Collaboration Product(s)," and "Selected Target(s)" that are the subject of such Abandoned Program shall terminate unless and until such Abandoned Program subsequently becomes an Active Program pursuant to Sections 2.3(b) or 2.6(c).
Alnylam shall, within [**] following the end of each Contract Quarter, deliver to Novartis a report stating the FTEs that worked on each Active Program and the Active Programs that it actively worked on with respect to such Contract Quarter.