Biovest Contingent Payment definition

Biovest Contingent Payment shall have the meaning set forth in Section 3.1(a) hereto.
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Examples of Biovest Contingent Payment in a sentence

  • Such records shall be available at all reasonable times for inspection by Company or its representatives for verification of the Biovest Contingent Payment and the Sublicensee/Transferee Contingent Payments or compliance with other aspects of this Agreement.

  • Notwithstanding the foregoing, the continuing security interests in and Lien upon the Collateral, as provided for herein, shall terminate upon the payment in full of the BVTI Term Notes and all interest, fees, costs, charges, expenses, or other sums payable hereunder and under any Ancillary Agreements (other than the Biovest Contingent Payment Agreement).

  • Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to 8.96% of the Aggregate Biovest Contingent Payment (the “Biovest Contingent Payment”).

  • Company has allocated one-third of its 1.50% Aggregate Biovest Contingent Payment and 1.50% Aggregate Sublicensee/Transferee Contingent Payment to its affiliate Pabeti, Inc.

  • Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to 49.76% of the Aggregate Biovest Contingent Payment (the “Biovest Contingent Payment”).

  • Biovest shall cause each Sublicensee and Transferee to pay to Company, or its assigns, a perpetual contingent payment equal to 13.28% of the Aggregate Biovest Sublicensee/Transferee Contingent Payment (the “Sublicensee/Transferee Contingent Payment” together with the Biovest Contingent Payment, the “Contingent Payments”).

  • Biovest shall pay to Company, or its assigns, a perpetual contingent payment equal to 13.28% of the Aggregate Biovest Contingent Payment (the “Biovest Contingent Payment”).

  • Biovest shall cause each Sublicensee and Transferee to pay to Company, or its assigns, a perpetual contingent payment equal to one percent (1.00%%) of the Gross Revenue derived from the sale, license or other disposition of the Biovest Biologic Products received by Sublicensees and Transferees (the “Sublicensee/Transferee Contingent Payment”, and together with the Biovest Contingent Payment, the “Contingent Payments”).

  • Biovest shall cause each Sublicensee and Transferee to pay to Company, or its assigns, a perpetual contingent payment equal to 49.76% of the Aggregate Biovest Sublicensee/Transferee Contingent Payment (the “Sublicensee/Transferee Contingent Payment” together with the Biovest Contingent Payment, the “Contingent Payments”).

  • Biovest shall cause each Sublicensee and Transferee to pay to Company, or its assigns, a perpetual contingent payment equal to 25.92% of the Aggregate Biovest Sublicensee/Transferee Contingent Payment (the “Sublicensee/Transferee Contingent Payment” together with the Biovest Contingent Payment, the “Contingent Payments”).

Related to Biovest Contingent Payment

  • Contingent Payment has the meaning set forth in Section 4.2 (Contingent Payments).

  • Contingent Payments has the meaning set forth in Section 2.3(d).

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Earn-Out Payment has the meaning set forth in Section 2.5(a).

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Contingent Consideration shall have the meaning set forth in Section 2.5.

  • AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.

  • Contingent Claim means any Claim, the liability for which attaches or is dependent upon the occurrence or happening of, or is triggered by, an event, which event has not yet occurred, happened or been triggered as of the date on which such Claim is sought to be estimated or an objection to such Claim is filed, whether or not such event is within the actual or presumed contemplation of the holder of such Claim and whether or not a relationship between the holder of such Claim and FairPoint now or hereafter exists or previously existed.

  • Transfer Payment Either or both of a Transfer Payment Made or a Transfer Payment Received.

  • Contingent fee as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Contingent Right means a right under this Schedule 5 which is not a Firm Right and which is subject to the fulfilment of all competing Exercised Firm Rights and any additional contingency specified in this Schedule 5;

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • CVR Payment Amount has the meaning set forth in Section 2.4(a).

  • PRE-PAYMENT The Tenant shall: (check one) ☐ - Pre-Pay Rent in the amount of $ for the term starting on and ending on . The Pre-Payment of Rent shall be due upon the execution of this Agreement. ☐ - Not be required to Pre-Pay Rent.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Transfer Payment Received As defined in Section 4.03.

  • Earnout Amount has the meaning set forth in Section 2.7(a).

  • Specified Payment means any Permitted Acquisition or Permitted Investment, in each case, where such event is subject to satisfaction of the Payment Conditions or any component thereof, pursuant to the terms of this Agreement.

  • Identified Contingent Liabilities means the maximum estimated amount of liabilities reasonably likely to result from pending litigation, asserted claims and assessments, guaranties, uninsured risks and other contingent liabilities of the Borrower and its Subsidiaries taken as a whole after giving effect to the Transactions (including all fees and expenses related thereto but exclusive of such contingent liabilities to the extent reflected in Stated Liabilities), as identified and explained in terms of their nature and estimated magnitude by responsible officers of the Borrower.

  • Maximum Potential Additional Dividend Liability, as of any Valuation Date, means the aggregate amount of Additional Dividends that would be due if the Corporation were to make Retroactive Taxable Allocations, with respect to any fiscal year, estimated based upon dividends paid and the amount of undistributed realized net capital gains and other taxable income earned by the Corporation, as of the end of the calendar month immediately preceding such Valuation Date and assuming such Additional Dividends are fully taxable.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Earn-Out Amount has the meaning set forth in Section 2.07(a).