Development Milestone Event definition

Development Milestone Event shall have the meaning set forth in Section 9.2(a).

Development Milestone Event has the meaning set forth in Section 8.2.1.

Development Milestone Event has the meaning set forth in Section 6.1(b) (Development Milestone Payment).

Examples of Development Milestone Event in a sentence

• Development Milestone Event Development Milestone Payment (USD) Any [***] Lead Candidate Product 1 [***] $[***] 2 [***] $[***] 3 [***] $[***] 4 [***] $[***] 5 [***] $[***] 6 [***] $[***] Total $76,000,000 Any TARP8 Development Candidate Product other than a [***] Lead Candidate Product 7 [***] $[***] 8 [***] $[***] Total $25,000,000 Licensee will provide Xxxxxxx with written notice of the first achievement of each development milestone event for each TARP8 Product within [***].

• Table 7.3(a) – Development Milestones # Development Milestone Event Milestone Payment [*].

• Ipsen shall promptly (and in any event within ten (10) Business Days after achievement of each Development Milestone Event) notify Sutro in writing of the achievement of any Development Milestone Event, and Sutro shall issue Ipsen an invoice for the amount of the corresponding milestone payment, which invoice Ipsen shall pay within [*] following receipt of such invoice.

• If, at any time after the Closing Date until the [***] anniversary thereof, a Development Milestone Event is achieved, then Purchaser will pay Seller the corresponding payment described in the table below (each, a “Development Milestone Payment”) within [***] following achievement of such Development Milestone Event to occur.

• The Development Milestone Payment for each Development Milestone Event shall be payable [***] per Collaboration Target.

More Definitions of Development Milestone Event

Development Milestone Event has the meaning set forth in Section 4.4.

Development Milestone Event has the meaning set forth in Section 9.3.1 (Development Milestones).

Development Milestone Event means each of Development Milestone Event 1, Development Milestone Event 2, Development Milestone Event 3, Development Milestone Event 4 and Development Milestone Event 5.

Development Milestone Event has the meaning set forth in Section 6.2.

Development Milestone Event has the meaning set forth in Section 3.3(a).

Development Milestone Event means any Milestone Event set forth in Section 5.4.1.

Development Milestone Event means an Ophthalmic Development Milestone Event, an In-Vivo [***] Development Milestone Event, or an Ex-Vivo [***] Development Milestone Event, as applicable.