Internal Reserved Program definition
Examples of Internal Reserved Program in a sentence
In the event that, following the Effective Date, Caribou acquires or in-licenses from any Third Party a [***] in respect of any Target which is not an Accepted Target, Reserved Target or Substitute Target, and through nomination by AbbVie (whether pursuant to Section 3.2.6 or Section 3.2.8) such Target becomes an Accepted Target or Substitute Target prior to such Target becoming the subject of an Internal Reserved Program [***].
In all cases, Caribou acknowledges and agrees that if AbbVie is the first Person to submit a Target Nomination Notice for a Nominated Target, then unless such Nominated Target is subject to an Internal Reserved Program, such Nominated Target will, subject to the terms of this Agreement, be deemed an Accepted Target.
In all cases, Licensor acknowledges and agrees that if AbbVie is the first Person to submit a Target Nomination Notice for a Nominated Target, then the TCR Target corresponding to such Nominated Target will, subject to the terms of this Agreement, be deemed an Accepted Target, unless such Nominated Target is subject to an Internal Reserved Program.