Commercial Milestone definition

Commercial Milestone has the meaning set forth in Section 4.3(a).

Commercial Milestone shall have the meaning set out in Section 7.3.1.

Commercial Milestone shall have the meaning assigned to it in Section 4.3.

Examples of Commercial Milestone in a sentence

• Following the Effective Time, Parent shall issue or cause to be issued (or pay or cause to be paid) the Service Provider Closing Merger Shares, the Service Provider Holdback Shares, the Service Provider Milestone Shares and the Service Provider Commercial Milestone Cash Consideration to the applicable Other Consideration Recipients (other than the Carve-Out Plan Participants), in each case, if issuable or payable and otherwise in accordance with the terms and conditions of this Agreement.

• It is recognised that the proposed development would result in conflict or “non-accordance” with the Core Strategy and the saved policies of the Local Plan106.

• Each Commercial Milestone Payment shall be paid [***] under this Section 6.6 is $365,000,000 per Target.

• If more than one of the Commercial Milestone set forth in items 6.6(d)-6.6(f) is achieved with respect to a Licensed Product directed to a Target in the same calendar year, then the [***] related to such Commercial Milestones earned in such calendar year shall be [***] shall be due and payable in [***].

• Commercial Milestone EventMilestone Payment[***][***][***][***][***][***]If more than one of the foregoing Milestone Events of this Section 4.3.3 is achieved in a given Calendar Year, Licensee shall pay to AstraZeneca a separate milestone payment with respect to each such Milestone Event that is achieved in such Calendar Year.

More Definitions of Commercial Milestone

Commercial Milestone means the applicable milestone set forth in Section 7.2(b).

Commercial Milestone means market introduction in the United States or Brazil of a Hybrid (as defined in the ARSRA) or Derivative having at least one finished inbred Line that is stable, pure and reproducible and that is developed in the Program as a parental line and transferred from the Holder to the Company as breeder seed suitable for commercial increase and which Hybrid or Derivative is royalty bearing under an exclusive license to such Line from the Holder to the Company.”

Commercial Milestone means market introduction in the United States of a Hybrid having at least one Line developed in the Program as a parental line and which Hybrid is royalty bearing under an exclusive license to such Line from SYSTEM to CERES.

Commercial Milestone means any of the Milestone events specified in Section 1.08(b)(ii) and “Commercial Milestones” means such Milestone events collectively.

Commercial Milestone means each of the Milestones set forth in Sections 2.6(a)(v) through 2.6(a)(viii).

Commercial Milestone has the meaning set forth in Section 5.1.2.

Commercial Milestone has the meaning set forth in Section 9.3(a).