Common use of Milestone Payment Amount Clause in Contracts

Milestone Payment Amount. Filing of an NDA with the FDA (or foreign equivalent) for a clinical indication covered by a Valid Claim. * Approval by the FDA (or foreign equivalent) of the marketing of a Product addressing clinical indication covered by a Valid Claim (“FDA Approval”); *

Milestone Payment Amount. Filing of an NDA with the FDA (or foreign equivalent) for a clinical indication covered by a Valid Claim. * Approval by the FDA (or foreign equivalent) of the marketing of a Product addressing clinical indication covered by a Valid Claim (“FDA Approval”); ** provided that: