Option Trigger Date definition

Option Trigger Date shall have the meaning set forth in Section 8.4.
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Option Trigger Date means the date of delivery to Pfizer of interim unmasked safety and efficacy reports (including relevant data regarding, and such analysis as Lpath has conducted regarding, ***) relating to both the Phase Ib study of Sonepcizumab in pigment epithelial detachment that is planned as of the Execution Date and that is referred to by Lpath as the PEDIGREE Study (the “Phase Ib Study”) and the Phase IIa study of Sonepcizumab in wet age-related macular degeneration that is planned as of the Execution Date and that is referred to by Lpath as the NEXUS Study (the “Phase IIa Study”), such reports to contain the information described in Schedule 1.46.
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Option Trigger Date means the Date of Practical Completion;
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Examples of Option Trigger Date in a sentence

  • If Landlord and Tenant are unable to reach agreement on the Prevailing Rental Rate by the Option Trigger Date, then within ten (10) days of the applicable Option Trigger Date, Landlord and Tenant shall each simultaneously submit to the other in a sealed envelope its good faith estimate of the Prevailing Rental Rate.

  • For purposes of the Stock Sale Agreement pursuant to the Stock Acquisition Option and the Merger Agreement pursuant to the Merger Acquisition Option, the “Company Fair Market Value” shall be equal to the price at which a willing buyer would purchase one hundred percent of the outstanding Company Equity (on fully diluted basis, net of any applicable aggregate exercise prices) from a willing seller in an arms-length transaction, calculated as of the Option Trigger Date (the “Valuation Date”).

  • For clarity, if Santaris does not give Regulus a written notice electing to obtain the Santaris License on or before 5:00 p.m. Pacific time on the 60th day following the Santaris Option Trigger Date, or if Regulus and Santaris have not executed the Santaris License within sixty (60) days following Regulus’ receipt of such election notice, then in each case this Section 3.2 will be null and void.

  • For a period beginning on the Execution Date and ending on the earlier of (i) the *** day after the Option Trigger Date and (ii) the Option Exercise Date (such period, the “Option Period”), Pfizer shall have an exclusive option (the “Option”), to be exercised at Pfizer’s sole discretion, to acquire the License.

  • The date of the receipt of the Notice of Sale for the purpose of applying MUTATIS MUTANDIS the valuation provisions of Article 7.5 shall be deemed to be the Option Trigger Date.

  • After the Option Trigger Date, Pfizer shall have the right from time to time to request additional efficacy and safety data from both the Phase Ib Study and the Phase IIa Study that was generated during the Option Period, and Lpath shall provide such information *** after such request.

  • In connection therewith, BHMF GP hereby agrees that the Purchase Option shall be extended until such time as the “net asset value” (including all accrued but undistributed Incentive Distributions) of BHMF GP’s Interest in the Partnership as of the Purchase Option Trigger Date has been determined in accordance with this Section 10.4(a)(ii).

  • Employees wishing to make application for these vacancies must do so in writing to the Branch Manager for the position being posted.

  • On the Business Day immediately preceding the Supporting Stockholder Option Trigger Date, the President and Chief Executive Officer of the Company shall certify to Buyer the amount of the Note Repayment and Expense Amount, which certification shall be in writing and shall include a detailed listing of all components of the Note Repayment and Expense Amount, including, to the Knowledge of the Company as of such date, those expenses that constitute Category B Obligations or Category C Obligations.

  • Within sixty (60) days of the Option Trigger Date, Novartis shall provide GenVec with written notice of whether it desires to exercise its exclusive option to negotiate an exclusive license to the Permitted Otology Product.


More Definitions of Option Trigger Date

Option Trigger Date means the first date on which all of the following criteria have been met: (i) the DFS has been completed, (ii) the Grantor has provided evidence satisfactory to the Option Holder, acting reasonably, that the Grantor has obtained Committed Project Financing, (iii) the directors of BPC have made a final investment decision to proceed with construction of the Project as set forth in the DFS, (iv) the directors of BPC have approved a project financing plan demonstrating that at least thirty percent (30%) of the total Project Costs required to achieve Completion will be funded by way of equity, and (v) the directors of BPC have approved a detailed development plan and operating plan for the Project.
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Option Trigger Date means the date on which ArQule has delivered to Roche the Compound Evaluation Report.
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Option Trigger Date means the ‘Option Trigger Date’ under the PIL SHA.
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Option Trigger Date means the date of delivery to Pfizer of interim unmasked safety and efficacy reports (including relevant data regarding, and such analysis as Lpath has conducted regarding, all primary and key secondary endpoints for all patients through sixty (60) days post final dose) relating to the Phase IIa study of Sonepcizumab in wet age-related macular degeneration that is planned as of the Execution Date and that is referred to by Lpath as the NEXUS Study (the “Phase IIa Study”), such reports to contain the information described in Schedule 1.46.
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Option Trigger Date has the meaning set forth in Section 2.1.1.
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Option Trigger Date has the meaning assigned to that term in Section 18(b) hereof.
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Related to Option Trigger Date

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Flip-In Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.