TERMS & PAYMENTS Sample Clauses

TERMS & PAYMENTS. All payments are to be made in accordance with the agreed payment terms as set forth in the written acknowledgement from the Company for each order. Notwithstanding any other provision of this Agreement or any purchase order or written acknowledgement to the contrary, the following terms and conditions shall apply to payments for orders of LEGEND products. Standard Payment Options Include:
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TERMS & PAYMENTS. Development milestones ​1st dose in Phase 21st dose in Phase 3 1st occurrence[***][***] 2nd occurrence[***][***] Regulatory milestones ​US approvalEuropean approvalJapan approval 1st indication[***][***][***] 2nd indication[***][***][***] Commercial milestones on worldwide annual net sales [***]​ Royalties on worldwide annual net sales by the Sole Developing Party, Sublicensee, assignee, transferee, acquirer or their respective Affiliate [***]​ ​ Each of the Development and Regulatory milestones above will be payable once per Product. However, in the event there is more than one Product for any given Research Program Target, the milestone would be paid only once and for the first Product based on the Research Program Target to achieve the milestone. Commercial milestones are payable once for each Product and determined using cumulative annual Net Sales for all Products for the respective Research Program Target. Royalty tiers are determined using Net Sales on a Product-by-Product Basis. Net Sales shall be determined in accordance with generally accepted accounting principles in the United States. ​ ​ ​ ​
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TERMS & PAYMENTS 
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Related to TERMS & PAYMENTS

  • Payments From and after the Effective Date, the Administrative Agent shall make all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have accrued from and after the Effective Date.

  • Additional Payments Any sums expended by Agent or any Lender due to any Borrower’s failure to perform or comply with its obligations under this Agreement or any Other Document including any Borrower’s obligations under Sections 4.2, 4.4, 4.12, 4.13, 4.14 and 6.1 hereof, may be charged to Borrowers’ Account as a Revolving Advance and added to the Obligations.

  • Annual Payments The Settling Distributors shall make eighteen (18) Annual Payments, each comprised of base and incentive payments as provided in this Section IV, as well as fifty percent (50%) of the amount of any Settlement Fund Administrator costs and fees that exceed the available interest accrued in the Settlement Fund as provided in Section V.C.5, and as determined by the Settlement Fund Administrator as set forth in this Agreement.

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