Field Option definition

Field Option shall have the meaning set forth in Section 2.5(b)(ii).
View Source

Examples of Field Option in a sentence

  • Upon Licensee’s payment of the Field Option Fee for each such Additional Field pursuant to Section 5.6, the licenses granted to Licensee under Section 2.1(a) shall include such Additional Field(s).

  • Licensee shall pay such Field Option Fee within thirty (30) days following receipt of Alnylam’s invoice therefor.

  • However, in the event that the Sequencing Field Option has already been exercised at the time of the Acquisition, […***…]; otherwise, if and when the Sequencing Field Option is exercised after the Acquisition, the […***…].

  • If Licensee exercises the Field Option with respect to any Additional Field pursuant to Section 2.5, Licensee shall pay Alnylam a fee (the “Field Option Fee”) of [**] Dollars ($[**]) for each such Additional Field.

  • As of the Effective Date and in consideration for the option fee as set forth in Section 7.2, CureVac hereby grants to BI, and BI hereby accepts, an exclusive option for a maximum term of ten (10) years after the Effective Date ("Option Period") to obtain one additional exclusive license, for no additional fee, to use the CureVac Licensed Intellectual Property with regard to one additional vaccine that consists of [*****] for use in the Field ("Option Vaccine").

  • Subject to the terms and conditions of this Agreement, if BioNano exercises the Sequencing Field Option, BioNano shall pay to PacBio a royalty of […***…].

  • Subject to the terms and conditions of this Agreement, if BioNano exercises the Sequencing Field Option, BioNano shall pay to PacBio a one-time payment of […***…] payable within […***…] after providing written notice to PacBio of the exercise of the Sequencing Field Option.

  • BioNano shall […***…]Products and, after the exercise of the […***…] Field Option, […***…] Products (or their […***…]) made, sold, leased, imported, exported or otherwise disposed of by it or its Affiliates under the sublicense(s) granted in this Agreement with […***…]; provided that such […***…] shall be in accordance with the laws concerning […***…] in the country in which such articles are sold.

  • If Takeda exercises the Field Option with respect to any Additional Field pursuant to Section 3.8(b), Takeda shall pay Alnylam a fee (the “Field Option Fee”) of Fifty Million United States dollars ($50,000,000) for each such Additional Field.

  • Subject to the terms and conditions of this Agreement, if BioNano exercises the […***…] Field Option, BioNano shall pay to PacBio a royalty of […***…].

Related to Field Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Incentive Share Option means an Option that is intended to meet the requirements of Section 422 of the Code or any successor provision thereto.

  • Covered Call Option means an exchange traded option entitling the holder, upon timely exercise and payment of the exercise price, as specified therein, to purchase from the writer thereof the specified underlying Securities (excluding Futures Contracts) which are owned by the writer thereof and subject to appropriate restrictions.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.