Common use of Development Milestones Clause in Contracts

Development Milestones. In partial satisfaction of its obligations to bring Licensed Products to market, COMPANY will achieve the following commercial development milestones by the dates set forth below. COMPANY will promptly notify MAYO upon the achievement each of the development milestones, identify whether COMPANY or a Sublicensee is responsible for the achievement of such milestone, and the actual date of such achievement.” [***] [***] [***] [***] [***] [***]

Appears in 2 contracts

Sources: Patent License and Know How Agreement (Kardigan, Inc.), Patent License and Know How Agreement (Kardigan, Inc.)

Development Milestones. In partial satisfaction of its obligations to bring Licensed Products to market, COMPANY will achieve the following commercial development milestones by the dates set forth below. COMPANY will promptly notify MAYO upon the achievement each of the development milestones, identify whether COMPANY or a Sublicensee is responsible for the achievement of such milestone, and the actual date of such achievement.” . DEVELOPMENTAL MILESTONES MILESTONE DATE [***] [***] [***] [***] [***] [***]

Appears in 2 contracts

Sources: Patent License and Know How Agreement (Kardigan, Inc.), Patent License and Know How Agreement (Kardigan, Inc.)

Development Milestones. In partial satisfaction of its obligations to bring Licensed Products to market, COMPANY will achieve the following commercial development milestones by the dates set forth below. COMPANY will promptly notify MAYO upon the achievement of each of the development milestonesmilestone, identify whether COMPANY or a Sublicensee is responsible for the achievement of such milestone, and the actual date of such achievement.” [***] [***] [***] [***] [***] [***]

Appears in 1 contract

Sources: Patent License Agreement (Perspective Therapeutics, Inc.)