Astellas Milestone Payment means the payment to which the Company is entitled upon initiation of a phase 3 clinical trial for AC220 under Section 4.2.1 of the Astellas License.
Development Milestone Payment shall have the meaning set forth in Section 9.2(a).
Sales Milestone Payment has the meaning set forth in Section 8.3.1.
Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;
Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;
Milestone Payments has the meaning set forth in Section 4.2.
Development Milestone Event shall have the meaning set forth in Section 9.2(a).
Milestone Payment Date has the meaning set forth in Section 2.4(a).
Milestone Event has the meaning set forth in Section 8.4.
Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.
Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.
Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).
Milestone Date means the date set against the relevant Milestone in the Implementation Plan;
Project Milestone means the project milestone set forth in Schedule-J;
Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.
Sublicense Fees shall have the meaning set forth in Section 7.3 below.
Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.
Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.
Project Milestones means the project milestones set forth in Schedule-G;
Sublicense Revenue means [***].
License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.
GSK has the meaning set forth in the preamble.
Sublicense Revenues means [***].
Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.
License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.
Collaboration Target means the Initial Collaboration Targets set forth on Exhibit F and any Additional Target or Substitute Target that is selected in accordance with Section 3.3 of this Agreement.
ISIS means the department’s individualized services information system.