Contingent Payment Period has the meaning set forth in Section 2.1(b).
Contingent Payment Period means collectively a First Semiannual Period together with the next succeeding Second Semiannual Period.
Contingent Payment Period means the period of time commencing on Closing and ending upon expiration of Buyer’s obligations hereunder to pay the Milestone Payments and Royalties.
Examples of Contingent Payment Period in a sentence
At all times during the Contingent Payment Period, Buyer shall, and shall cause any Buyer Related Party to, comply with all applicable Laws with respect to developing, commercializing and otherwise exploiting, and shall use Commercially Reasonable Efforts to develop, commercialize and otherwise exploit (including obtain Regulatory Approval for), the Contingent Payment Products.
With respect to each Contingent Payment Period, Buyer shall make, or cause the Acquired Entities to make, to Sellers cash payments in an aggregate amount equal to the amount, if any, by which EBITDA during such Contingent Payment Period exceeds $8,000,000 (each such excess, if and to the extent earned for any such Contingent Payment Period, a “Contingent Payment”).
More Definitions of Contingent Payment Period
Contingent Payment Period means the calendar year beginning January 1, 1998 and ending December 31, 1998.
Contingent Payment Period means the eighteen-month period commencing at the Closing Date.
Contingent Payment Period shall have the meaning set forth in the Section 2.5.
Contingent Payment Period means the period beginning on the Closing Date and ending on June 30, 2026.”
Contingent Payment Period means each of the following periods, each of which shall be a separate Contingent Payment Period: (A) the period commencing on January 1, 2016 and ending on December 31, 2016; (B) the period commencing on January 1, 2017 and ending on December 31, 2017; (C) the period commencing on January 1, 2018 and ending on December 31, 2018; (D) the period commencing on January 1, 2019 and ending on December 31, 2019 and (E) the period commencing on January 1, 2020 and ending on September 30, 2020; provided that, notwithstanding the foregoing, if the FDA Milestone occurs after January 1, 2016, the first Contingent Payment Period shall begin on the Commencement Date and the foregoing definition shall be deemed accordingly modified (for example, if the Commencement Date were June 1, 2016, clause (A) would be deemed to provide that the period shall commence on June 1, 2016 and end on December 31, 2016, and clauses (B) through (E) would remain the same; or, if the Commencement Date were June 1, 2017, clause (A) would be deemed deleted, clause (B) would be deemed to provide that the period shall commence on June 1, 2017 and end on December 31, 2017 and clauses (C) through (E) would remain the same); provided, further, that in no event shall the Contingent Payment Period extend beyond September 30, 2020; provided, further, that if the FDA Milestone does not occur prior to September 30, 2020, there shall be no Contingent Payment Period or Contingent Payment due. For the avoidance of doubt, negative Gross Profit during any Contingent Payment Period shall not affect Gross Profit for any other Contingent Payment Period.”
Contingent Payment Period means, as applicable, (w) the period beginning on July 21, 2000 and ending on December 31, 2000, (x) the period beginning on January 1, 2001 and ending on March 31, 2001, (y) the period beginning on April 1, 2001 and ending on June 30, 2001, and (z) the period beginning on July 1, 2001 and ending on September 30, 2001.
Contingent Payment Period means the Development Contingent Payment Period or the Commercialization Contingent Payment Period, as applicable.