Derivation Timeline

Derivation Timeline. CDI shall have (****) from the later of the Effective Date or the commencement date of the NGA to complete the Derivation Activities. The Derivation Timeline may be extended for (****) at no-cost to CIRM (a) upon mutual written consent of the Parties, such consent not to be unreasonably withheld by either Party or (b) automatically to the extent necessary to give CIRM the benefit of Idle Capacity Credit (as defined in Section 12) if the Progress Milestones are not completed and there is Idle... Capacity Credit. View More