Examples of Sales Milestone Payment in a sentence
Each Sales Milestone Payment is payable a maximum of one time only, regardless of the number of times a Licensed Product achieves a particular Sales Threshold or the number of Licensed Products that achieve a particular Sales Threshold.
Following receipt of notification by Celgene to Prothena that Celgene has achieved the applicable milestone event triggering a Sales Milestone Payment hereunder, Prothena shall invoice Celgene for the applicable Sales Milestone Payment, and Celgene shall pay such Sales Milestone Payment within [***] ([***]) days after receipt of the invoice therefor.
Annual Combined Worldwide Net Sales Milestone Payment in US Dollars Combined worldwide Net Sales of Licensed Products in [*] consecutive Calendar Quarters equals or exceeds [*] dollars ($[*]) [*] dollars ($[*]) Combined worldwide Net Sales of Licensed Products in [*] consecutive Calendar Quarters equals or exceeds [*] dollars ($[*]) [*] dollars ($[*]) The total amount payable under this Section 5.2(e)(ii) shall not exceed seventy-five million dollars ($75,000,000) in any event.
NVS will pay to HMI the corresponding Ophthalmic Sales Milestone Payment no later than [***] after receipt of such invoice.
Because the total fee may vary by state, the candidate must check with the entity taking the fingerprints to determine the applicable total fee.