Development Extension definition

Development Extension means, with respect to a Party’s Future Product or a Party’s R&D Project, an extension of the date by which such Future Product or a product, service or offering developed from such R&D Project must actually be sold commercially or be offered publicly for commercial sale to be included in the definition of that Party’s Primary Field. To obtain a Development Extension, the requesting Party must make its request in writing prior to January 1, 2020 and must provide a detailed description of the proposed Future Product and the duration of the Development Extension requested. The Party receiving a Development Extension request must respond within 30 days of receiving the request. The receiving Party’s consent to the other Party’s request for a Development Extension shall not be unreasonably withheld or delayed. The receiving Party’s failure to timely respond to a Development Extension request made in accordance with this provision will be deemed approval of the request.
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Development Extension means an extension of the period related to the portion of a party’s Primary Field relating to the sale or listing on the corporate price list of future products and services. A party seeking a Development Extension must make a request to the other party in writing. Such request must be made before the expiration of the initial term and must provide a detailed description of the future product or service and the duration of the requested extension. The party receiving a request for a Development Extension must review in good faith and reply within thirty (30) days of receiving the request. Failure to reply will be deemed approval of the request.
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Examples of Development Extension in a sentence

  • If Rivian receives a Development Extension Notice prior to the expiration of the Development Inspection Period, then all timelines, milestones and deadlines set forth in the Project Plan and Schedule (including the Start of Production Date) will be extended on a day-for-day basis for the additional time set forth in the Development Extension Notice (and any additional time beyond such period as is required by Amazon to complete its inspection and acceptance process) (“Amazon Development Delay Period”).

  • In addition, SDSU Extension may need to remove a 4-H Advisor when either appropriated State or Federal funds or the County funds are not adequate to satisfactorily carry on effective 4-H and Youth Development Extension educational programs in the county.

  • Extension 3 5.00 The Developer/lessee shall Extension 1 2.50 5 Years from Signing of Lease cum Development Agreement Phase 2 construction 100% of the maximum Built-up area available for the Dwelling Units within Five Years from the date of Lease cum Development Extension 3 5.00 Agreement.

  • Extension 2 3.50 Extension 3 5.00 The Developer/licensee shall Extension 1 2.50 5 Years from Signing of Development Agreement Phase 2 construction 100% of the maximum Built-up area available for the Dwelling Units within Five Years from the date of Development Extension 2 3.50 Extension 3 5.00 Agreement.

  • In addition, SDSU may need to remove a 4-H Youth Program Advisor when either appropriated State or Federal funds or the County funds are not adequate to satisfactorily carry on effective 4-H Positive Youth Development Extension educational programs in the county.

  • For MoA, it will include Director of Policy and Planning, Crop Development, Extension services, one representative from Tanzania Seed Trade Association (TASTA) and two representative from participating Districts.

  • In addition, SDSU Extension may need to remove a 4-H Youth Program Advisor when either appropriated State or Federal funds or the County funds are not adequate to satisfactorily carry on effective 4-H Positive Youth Development Extension educational programs in the county.

  • Your file will be assessed at least once every twelve (12) months.

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