Program Milestone definition

Program Milestone has the meaning set forth in Section 7.2.
Sample 1Sample 2Sample 3
Program Milestone means, with respect to a particular Program, the occurrence of the selection of the first Research Antibody (as such term is defined in the Collaboration Agreement); provided, that notwithstanding anything to the contrary in the Collaboration
Sample 1
Program Milestone means the program milestones agreed upon between you and IOTA.
Sample 1

Examples of Program Milestone in a sentence

  • Table C.1 [***…***] Program Milestone Milestone Due Date Milestone Payment % Milestone Payment (US$) [***…***] [***…***] [***…***]% $[***…***] Total [***…***] Payments [***…***]% $[***…***] Table C.2 [***…***] Program Milestone Milestone Due Date Milestone Payment % Milestone Payment (US$) [***…***] [***…***] [***…***]% $[***…***] Total [***…***] Payments [***…***]% $[***…***] CONFIDENTIAL TREATMENT HAS BEEN REQUESTED FOR PORTIONS OF THIS EXHIBIT.

  • GSK shall make the following milestone payments to Theravance upon the achievement of the indicated Development Milestone for each of the first single agent Alliance Product and the first Combination Alliance Product per Alliance Program: Milestone Amount Initiation of [*]* [*] Successful completion of [*]** (where [*] means [*] for a Validated Target and [*] for a Non-Validated Target, as such Validated/Non-Validated Targets will have been agreed by the Parties pursuant to Section 4.1.4).

  • The Compensation Committee has approved potential cash bonus payments to employees totaling up to a maximum of $400,000 in the aggregate under the Program Milestone Plan (the “Milestone Plan”).

  • The Development Program Milestone is not [*] nor shall EXEL be obligated to [*]; provided, however, that, subject to [*], EXEL shall [*] in furtherance of [*] over the [*].

  • For purposes of determining whether a milestone event has been achieved under Section 7.2 (CNS Program Milestone) or Section 7.3 (Peripheral Program Milestones), (a) an Indication shall only be deemed a “Distinct Indication” if such disease or condition has [***], and (b) an Indication shall be deemed to be “Different” [***].

  • Upon the achievement of the Research Program Milestone, DURECT shall invoice BioPartners for the Research Program Milestone Payment.

  • The parties may extend the Option Period or the Negotiation Period by mutual written consent.

  • Upon achievement of the Program Milestone specified in Section 7.3(a), Nanomerics may elect, at is sole discretion by providing written notice to Virpax, to forego $[**] of the $1,000,000 milestone payable on completion of the first Phase II /Pivotal Clinical Trial in Section 7.3(b) in consideration of Virpax providing to Nanomerics, on or before a date reasonably specified by Nanomerics, [**].

  • Contract [**Redacted**]—$18,000 Period of Performance This activity will be incorporated in the existing Master Program Schedule Payment Terms This proposal is subject to a mutually agreed milestone payment being added to the current Program Milestone Payment schedule.

  • DURECT shall not be required to commence any work under a new Work Plan until DURECT has been paid (i) all DURECT Research Expenses that are due and payable to DURECT under all previous Work Plans, and (ii) all previous Research Program Milestone Payments that are due and payable to DURECT.

Related to Program Milestone

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

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

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

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Event has the meaning set forth in Section 8.4.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Development Schedule shall have the meaning set forth in Section 1.1.

  • KPI Target means the acceptable performance level for a KPI as set out in each KPI;

  • Phase I Clinical Study means, as to a particular Licensed Product, an initial clinical study in humans with the purpose of assessing the Licensed Product’s safety, tolerability, toxicity, pharmacokinetics or other pharmacological properties.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Phase II Clinical Study means a human clinical study of a product initiated to determine the safety and efficacy in the target patient population, as described 21 C.F.R. 312.21(b).

  • Development Plan has the meaning set forth in Section 3.2.