Achievement of Milestones. (a) The University must deliver the Project so as to achieve the Milestones by the applicable Milestone Dates and meet all other applicable timeframes.
Achievement of Milestones. From and after the Closing Date and until the earliest of (i) payment, in full, by Purchaser of all Milestone Payments as required by this Agreement, (ii) Purchaser’s determination using commercially reasonable standards consistent with the exercise of prudent scientific and business judgment and consistent with those standards used by Purchaser for its other therapeutic products at a similar stage of development and with similar commercial potential, to terminate the development of the Product before the corresponding Milestone Event has occurred, in which event Purchaser shall provide notice to Seller within fifteen (15) days after any such determination, and (iii) the tenth (10th) anniversary of the Closing Date, Purchaser shall use its commercially reasonable and diligent efforts (as defined in Section 11.07(b)) to achieve each of the Milestone Events.
Achievement of Milestones. 6.1 Each party shall have the relevant rights, and shall comply with the provisions, set out in schedule 3 (Milestones and Deliverables) in relation to the achievement of Milestones.
Achievement of Milestones. (a) The Earnout Amounts shall be earned as follows:
Achievement of Milestones. Argo shall exercise (and cause its Affiliates, including Merger Sub, to exercise) best efforts, including devoting adequate resources and personnel, to achieve the Milestones set forth in Section 2.04(a)(ii) within the Milestone Period, and to have a sufficient number of Ordinary Shares authorized for issuance at the time a Milestone is achieved or a payment is otherwise due.
Achievement of Milestones. The Company shall have achieved the Milestones as determined in accordance with Section 2.4.”
Achievement of Milestones. Upon achievement of a Milestone, Omeros shall notify SMRI as set forth in Section 3.7.2 below. SMRI and Omeros shall meet promptly, in person or by teleconference, in order to determine whether SMRI will make and Omeros will accept a further equity investment plus associated grant funding with respect to such Milestone up to the amounts set forth in Section 2.2.2 as may be mutually agreed. SMRI shall make any agreed upon further payments of further equity investment plus associated grant funding to Omeros within thirty (30) days of determination of the JPAC that a Milestone has been satisfied and achieved. It is the intent of the Parties that the total equity investment(s) made by SMRI under this Agreement equal 34-35% of the total funding (including equity investments plus Grant Funds) provided by SMRI to Omeros under this Agreement.
Achievement of Milestones. (a) In the event that Orbital fails to achieve any Category A Milestone in accordance with the Category A Milestone Achievement Criteria on or before the scheduled completion date shown in Exhibit C, ORBCOMM Global shall be relieved of its obligation to pay the applicable amounts specified for such Category A Milestone until such time as Orbital achieves such Category A Milestone in accordance with the Category A Milestone Achievement Criteria or obtains a waiver in writing from ORBCOMM Global for such achievement. The invoicing and payment procedure referred to Section 4.1 shall then apply mutatis mutandis. This, together with any additional rights and remedies ORBCOMM Global may have under Article 12 - Termination, shall constitute ORBCOMM Global's exclusive right and remedy for Orbital's failure to achieve any or all such Category A Milestones. Orbital's failure to timely complete any milestone shall not relieve ORBCOMM Global from its obligation to pay for other achieved milestones.
Achievement of Milestones. (a) If the Research Organisations repeatedly fail to meet one or more Milestones, or are delayed in delivering any Milestone by more than one-quarter of the Term, without limiting any of GRDC's other rights or remedies, GRDC may by written notice to the Research Organisations:
