Contract Period Funding Sample Clauses

Contract Period Funding. If HMRI elects to participate in the Contract Period Research Program, HMRI shall pay OSI's total actual research costs in carrying out the Contract Period Research Plan, plus Allocated Overhead (the "Funding Payments"). The total amount of Funding Payments shall not be less than ** in the first twelve (12) month period of the Contract Period, nor less than ** in the second twelve (12) month period of the Contract Period, unless, in each instance, the Research Management Committee, which shall supervise the conduct of the research and the expenditure of the funds, determines that such amounts cannot be effectively expended, in which event the total amount of Funding Payments in either or both such twelve (12) month periods may be less than the amounts stated above as determined by the Research Management Committee.
Sample 1
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Contract Period Funding. 27 3.1.1 Budgeted Amount...........................................................27 3.1.2 Adjustments...............................................................28 3.1.3 Progress Pursuant to the Research Plan....................................28 3.1.4 Inspection of Funding Amount..............................................28 3.1.5 Minimization of Expenditures..............................................30 3.2 Sharing of Responsibilities in the Early Development Phase..........................30 3.3 Technology Access Fee and Milestone Payments........................................30 3.3.1 Technology Access Fee.....................................................30 3.3.2
Sample 1
Contract Period Funding. During the Contract Period, Tanabe shall pay to OSI its total actual research costs in carrying out the Research Plans (the "Funding Amounts") at the rate (the "FTE Rate") of ** per FTE during the first year of the Contract Period, ** per FTE during the second year of the Contract Period, ** per FTE during the third year of the Contract Period (the "Third Year FTE Rate"), and ** per FTE during the fourth year of the Contract Period (the "Fourth Year FTE Rate"). The Funding Amounts for any given period shall be calculated by ** . The aggregate Funding Amounts which Tanabe shall be obligated to pay hereunder during each year during the Contract Period shall not exceed ** during the first year of the Contract Period, ** during the second year of the Contract Period, ** during the third year of the Contract Period, and ** during the fourth year of the Contract Period. If the aggregate Funding Amounts for a year exceed the Budgeted Amount for such year, OSI shall bear such excess unless such excess had been approved by the Steering Committee.
Sample 1
Contract Period Funding. Roche shall pay Helicon's total actual research costs less OSI's contribution of services worth ** during the first year (including those incurred by OSI and CSHL), in carrying out plan for the Research Program, plus Allocated Overhead (the "Funding Payments"); provided, however, that the total amount of Funding Payments for the first and second years after the Effective Date (including those incurred by OSI and CSHL) shall be determined according to section 3.1.1 and shall not exceed ** and ** respectively. Total amounts of funding for year three will be determined according to Section 3.1.1 but in no case will such funding be less than ** and shall not be greater than the amount agreed by Research Committee as set forth in Section 3.1.1.
Sample 1
Contract Period Funding. Helicon shall fund CSHL's total actual research costs in carrying out the Research Plan, plus Allocated Overhead (the "FUNDED AMOUNT"). The Funded Amount shall not exceed ** in the first year of the Contract Period, ** in the second year of the Contract Period, and, in the event the Research Program is extended beyond the Contract Period, ** in the third year, ** in the fourth year, and ** in the fifth year, unless, in each instance, the Parties determine that the above amounts are not sufficient to implement the Research Plan that year, in which event, greater amounts shall be expended during a particular year as determined by the Parties, provided, however, that the aggregate Funded Amount for the five-year period shall not exceed ** .
Sample 1
Contract Period Funding. The HOECHST Group shall pay OSI's total actual research costs in carrying out the Contract Period Research Plan, plus Allocated Overhead, plus ** of the sum of the actual research costs and the Allocated Overhead (the "Funding Payments"). In addition to the Funding Payments, the HOECHST Group shall pay to OSI (a) the amount of ** on each of October 1, 1997 and October 1, 1998, which amount represents deferred payments under the HRPI-OSI Agreement, and (b) the amount of ** on February 28, 1998, which amount represents a deferred payment ----------------- ** This portion redacted pursuant to a request for confidential treatment. -20- 28 under the HOECHST-OSI Agreement (all three payments collectively, the "Deferred Payments"). The total amount of Funding Payments and Deferred Payments shall not exceed ** in any calendar year (unless agreed to by all parties), which amount shall be prorated for partial years.
Sample 1

Related to Contract Period Funding

  • CONTRACT PERIOD “Contract Period” shall mean the period commencing the day immediately preceding a Change in Control and ending on the earlier of (i) the second anniversary of the Change in Control or (ii) the death of the Executive. For the purpose of this Agreement, a Change in Control shall be deemed to have occurred at the date specified in the definition of Change-in-Control.

  • CONTRACT PERIOD AND RENEWAL The Contract is effective on the signature date of the latter of the Parties to sign this agreement and terminates on March 15, 2021, unless renewed, extended, or terminated pursuant to the terms and conditions of the Contract. The Parties may extend this Contract subject to mutually agreeable terms and conditions.

  • CONTRACT PERIOD AND RENEWALS The Contract(s) shall be in effect for three (3) years, unless terminated in accordance with the contractual provisions. If mutually agreed between OGS and the Contractor, the Contract may be renewed under the same terms and conditions for up to two (2) additional one years. The Contract renewal may be exercised on a month to month basis such as an additional three month, six month, twelve month, or 24 month period.

  • Contract Period Not Affected If the State suspends a work authorization, the contract period as determined in Article 2 of the contract (Contract Period) is not affected and the contract and the work authorization will terminate on the date specified unless the contract or work authorization is amended to authorize additional time.

  • Extension of Initial Contract Period 31.1 Subject to clause 13 (Price Adjustment on Extension of the Initial Contract Period), the Authority may, by giving written notice to the Contractor not less than three (3) Month(s) prior to the last day of the Initial Contract Period, extend the Contract for such further period as may be specified in the notice. The provisions of the Contract will apply (subject to any Variation or adjustment to the Contract Price pursuant to clause 13) throughout any such extended period.

  • Term of Contract; Contract Extension The Contract will be in effect from the Effective Date (15 December 2016) through 31 December 2018. DAS, in its sole discretion, may extend this Contract for additional terms beyond the original term, prior to Termination or expiration, one or more times for a combined total period not to exceed the complete length of the original term.

  • Project Period The Project Period ("Project Period") is the time during which the Applicant will be conducting the Project. Unless this Investment Agreement is terminated earlier under Article 7 Termination, the Project Period commences on the Project Start Date and ends on the Project Completion Date.

  • Funding Period The Funding Period, if any, shall not have terminated.

  • Payment Period Whenever a payment under this Agreement specifies a payment period with reference to a number of days (e.g., “payment shall be made within forty (40) days following the date of termination), the actual date of payment within the specified period shall be within the sole discretion of the Company.

  • Compensation for Breakage or Non-Commencement of Interest Periods Borrower shall compensate each Lender, as promptly as practicable after written request by such Lender (which request shall set forth the basis for requesting such amounts and shall be conclusive absent manifest error), for all reasonable losses, expenses and liabilities (including any interest paid or calculated to be due and payable by such Lender to lenders of funds borrowed by it to make or carry its Eurodollar Rate Loans and any loss, expense or liability sustained by such Lender in connection with the liquidation or deployment of such funds but excluding loss of anticipated profits) which such Lender may sustain: (i) if for any reason (other than a default by such Lender) a borrowing of any Eurodollar Rate Loan does not occur on a date specified therefor in a Funding Notice or a telephonic request for borrowing, or a conversion to or continuation of any Eurodollar Rate Loan does not occur on a date specified therefor in a Conversion/Continuation Notice or a telephonic request for conversion or continuation; (ii) if any prepayment or other principal payment of, or any conversion of, any of its Eurodollar Rate Loans occurs on a date prior to the last day of an Interest Period applicable to that Loan; or (iii) if any prepayment of any of its Eurodollar Rate Loans is not made on any date specified in a notice of prepayment given by Borrower.

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