Commercial Milestone Event definition
Commercial Milestone Event has the meaning set forth in Section 8.3.
Commercial Milestone Event has the meaning set forth in Section 10.4(a).
Commercial Milestone Event has the meaning set forth in Section 5.1.2 (Commercial Milestones).
Examples of Commercial Milestone Event in a sentence
In the event that Acumen achieves the applicable Commercial Milestone Event, Acumen will notify JCR in writing of the occurrence of such Commercial Milestone Event no later than [***] after the achievement thereof.
More Definitions of Commercial Milestone Event
Commercial Milestone Event has the meaning set forth in Section 4.2.2 (Commercial Milestones).
Commercial Milestone Event has the meaning set out in Paragraph 2.4;
Commercial Milestone Event has the meaning set forth in Clause 5.3 (Commercial Milestones). Commercially Reasonable Efforts means, with respect to the performance of Development, Manufacturing, and Commercialization activities with respect to the Licensed Compound or a Licensed Product by Licensee, the carrying out of such activities using efforts and resources comparable to the efforts and resources commonly used in the biopharmaceutical industry by companies with resources and expertise comparable to those of Parent for internally-developed compounds or products of similar market potential at a similar stage in development or product life. Confidential Information has the meaning set forth in Clause 7.1 (Confidentiality Obligations).
Commercial Milestone Event means a commercial collaboration or licensing Contract that is entered into by the
Commercial Milestone Event shall have the meaning set forth in Section 3.2(a).
Commercial Milestone Event is defined in Section 9.5 (Commercial Milestone Payments).
Commercial Milestone Event and together with any Development Milestone Event, each, a “Milestone Event”) was first achieved by the Parties under this Agreement after the Effective Date with respect to the first Licensed Product to achieve the applicable Commercial Milestone Event, and Merck shall thereafter pay the applicable amounts set forth below associated with the applicable Commercial Milestone Event in accordance with Section 10.3.2 (each, a “Commercial Milestone Payment” and together with any Development Milestone Payment, each, a “Milestone Payment”): Commercial Milestone Event Commercial Milestone [ * ] Payment (in U.S. Dollars) 1. [ * ] [ * ] 2. [ * ] [ * ] 3. [ * ] [ * ] 4. [ * ] [ * ] 5. [ * ] [ * ]