Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.
Milestone 1. As regards profits from technological development prior to obtaining transgenic events in the crop intended for commercial use ***% of THE COMPANY’s profit correspond to CONICET and UNL shared equally, that is, ***% correspond to CONICET, ***% to THE UNIVERSITY and ***% to THE COMPANY.
Milestone 1 means the first milestone in the Initial Scope of Work, as set forth in Exhibit J to the Agreement.
Examples of Milestone 1 in a sentence
The date for Milestone 1 will be 60 days after execution of the CDA.
Payment Date Execution of Grant Agreement Not applicable 790,333 On or about 4 weeks after approval of Annex On or about 4 Milestone 1: - Design of project evaluation.
The delivery date/deadline for each Developer Milestone will be determined as a part of the Developer’s submittal of the schedule for the Initial Scope of Work (Milestone 1).
More Definitions of Milestone 1
Milestone 1 means an approval issued by the FDA for Filsuvez, with any such approval to include a labelled indication related to wound healing in patients with recessive dystrophic epidermolysis bullosa (or a broader indication) at any time on or after the date of the Transaction Agreement or prior to the relevant Milestone Deadline Date; provided that such approval is not granted by the FDA under 21 C.F.R. §§ 314.510 of FDA’s regulations (i.e., accelerated approval).
Milestone 1 means the completion of the last patient’s last visit in the Pivotal Study for the Product.
Milestone 1 has the meaning set out in Section 4.2(a);
Milestone 1 means, the first time that the Net Sales of the Company in any Calendar Year ending on or prior to the Milestone Deadline Date is equal to or exceeds $250,000,000.
Milestone 1 means the first instance in which the aggregate Product Sales in the United States during any Milestone Measuring Period equals or exceeds a total of eight hundred million dollars ($800,000,000); provided that the final Milestone Measuring Period with respect to Milestone #1 shall end on the fifth anniversary of the Reference Date.
Milestone 1 means the first time that the Net Sales in any Fiscal Year ending on or prior to the Milestone 1 Deadline Date is equal to or exceeds $100,000,000.
Milestone 1 means the first achievement of Successful Completion with respect to any Acquired Product for one or more Indication(s).