definiens: means any Target at the time of [COMPANY] ’s receipt of GNE’sapplicable Nomination ( a ) for which [COMPANY] has Developed a T - Cell Therapy that isDirected To such Target and for which [COMPANY] has received a Marketing Approval ; ( b)that is the subject of an Active Research Program ; ( c ) which is listed on Schedule 1.50(Excluded Targets ) ; or ( d ) for which [COMPANY] has licensed, or agreed to license, or is inbona ﬁde negotiations to license to a Third Party the right to Develop or Commercialize T - CellTherapy(ies ) Directed To such Target under a then - binding written agreement or term sheet, ineach case at the time of [COMPANY] ’s Nomination as further described in Section 3.6.1 ( ProposedTargets )