Commercial Milestone Event Commercial Milestone Payment. Calendar Year Net Sales of all Products equals or exceeds $[***] $[***] Calendar Year Net Sales of all Products equals or exceeds $[***] $[***] Calendar Year Net Sales of all Products equals or exceeds $[***] $[***]
Commercial Milestone Event Commercial Milestone Payment. Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products (excluding Net Sales for any TC Products) in the DSE Territory equal to or exceeding Euro [***] $[***] Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products (excluding Net Sales for any TC Products) in the DSE Territory equal to or exceeding Euro [***] $[***] Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products (excluding Net Sales for any TC Products) in the DSE Territory equal to or exceeding Euro [***] $[***]
Commercial Milestone Event Commercial Milestone Payment. [***] [***] [***] [***] [***] [***] [***] [***]
Commercial Milestone Event Commercial Milestone Payment. Aggregate Net Sales in a Calendar Year of all Products in the Sobi Territory greater than $[**] [**] Aggregate Net Sales in a Calendar Year of all Products in the Sobi Territory greater than $[**] [**]
Commercial Milestone Event Commercial Milestone Payment. First Commercial Sale of a Product for the treatment of IC [***] in the United States $[***] First Commercial Sale of a Product for the treatment of IC [***] in at least [***] ([***]) of the following countries: [***] $[***] Total Commercial Milestone Payments: $115,000,000 For clarity, (a) each Commercial Milestone Payment shall be paid only one time, regardless of the number of Products, the number of Indications for which a Product is Commercialized, or the number of times a given Commercial Milestone Event has been achieved, and (b) in no event will GSK be responsible for more than an aggregate of One Hundred and Fifteen Million Dollars ($115,000,000) in Commercial Milestone Payments. GSK shall notify Scynexis within [***] ([***]) following the first achievement of a given Commercial Milestone Event by GSK or any of its Affiliates or Sublicensees, and the corresponding Commercial Milestone Payment shall be due within [***] ([***]) after GSK’s receipt of a Valid Invoice in accordance with Section 6.7 for such Commercial Milestone Payment.
Commercial Milestone Event Commercial Milestone Payment. 1. First achievement of annual worldwide aggregate Net Sales of a Product exceeding $[**] in a Fiscal Year [**]
Commercial Milestone Event Commercial Milestone Payment. 1. First calendar year in which aggregate annual Net Sales of all Products in the Territory exceed […***…] Dollars ($[…***…]) […***…] Dollars ($[…***…])
Commercial Milestone Event Commercial Milestone Payment. Upon the First Commercial Sale of a Licensed Product in the DSE Territory $ 150,000,000 Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products in the DSE Territory equal to or exceeding [***] [***] Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products in the DSE Territory equal to or exceeding [***] [***] [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED Commercial Milestone Event Commercial Milestone Payment Upon the first achievement of Net Sales for a Fiscal Year of the Licensed Products in the DSE Territory equal to or exceeding [***] [***]
Commercial Milestone Event Commercial Milestone Payment. First Calendar Year in which aggregate annual Net Sales of all Covered Products in the Territory are at least [***] [***] First Calendar Year in which aggregate annual Net Sales of all Covered Products in the Territory are at least [***] [***] First Calendar Year in which aggregate annual Net Sales of all Covered Products in the Territory are at least [***] [***]
Commercial Milestone Event Commercial Milestone Payment. First calendar year in which annual Net Sales of all Products in the Territory exceed $[*] $ [*] First calendar year in which annual Net Sales of all Products in the Territory exceed $[*] $ [*] Each of the foregoing commercial milestone payments will be paid only once, for the first calendar year in which the corresponding commercial milestone event is achieved and will be due within 30 days after the end of the calendar year in which such commercial milestone event is achieved.
