Commercialization Budget definition

Commercialization Budget means the budget of Commercialization Costs set forth in the Commercialization Plan to be incurred by the Parties in connection with the performance of the Commercialization Plan.

Commercialization Budget has the meaning set forth in Section 5.1.

Commercialization Budget shall have the meaning set forth in Section 4.2 hereof.

Examples of Commercialization Budget in a sentence

• For clarity, in no event will either Party be required to reimburse the other Party for costs in excess of the amounts budgeted HD Commercialization Budget.

• Each U.S. HD Commercialization Budget will be updated annually by the PSC for the HD Licensed Program in accordance with Section 7.1.5.5 (Managing and Amending U.S. HD Commercialization Plans and U.S. HD Commercialization Budgets).

• With respect to each HD Licensed Product, unless otherwise agreed to by the Parties in writing, Voyager and Genzyme shall each be responsible for [***] percent ([***]%) of the Co-Co Costs set forth in the U.S. HD Commercialization Budget for such HD Licensed Product.

• It is understood and agreed that Alimera shall have sole decision-making authority with respect to the Commercialization Budget, consistent with its other obligations under this Agreement.

• The fair value at the grant date is determined using a Black and Scholes valuation model.

More Definitions of Commercialization Budget

Commercialization Budget means the budget of Commercialization Costs established by the JSC covering all Commercialization activities in the [***] set forth in the approved [***] portion of the [***] or the approved [***], as applicable, as such budget may be updated and approved by the JSC, from year to year.

Commercialization Budget means, with respect to a Collaboration Product in the Collaboration Territory, the budget for Shared Commercialization Costs included in the US Commercialization Plan for such Collaboration Product.

Commercialization Budget shall have the meaning set forth in Section ------------------------ 7.04.

Commercialization Budget means the high-level budget for conducting Commercialization of the Licensed Products in the U.S. in accordance with the Commercialization Plan [******], in each case, during the Profit-Share Term, as such budget may be amended from time to time in accordance with this Agreement.

Commercialization Budget means the budget for Commercialization activities that is included within each Commercialization Plan, as such budget may be amended or updated from time to time in accordance with Section 2.6. The Commercialization Budget shall be updated on a yearly basis.

Commercialization Budget means the budget approved by the JCC for conducting Commercialization pursuant to the Commercialization Plan.

Commercialization Budget means the detailed budget for Commercialization Expenses estimated by the Parties for all Commercialization activities proposed for the following [*], or for such longer period as the JCC may determine, and that is included within the Commercialization Plan, as such budget may be amended or updated from time to time in accordance with Article 2. For clarity, only the [*] of a Commercialization Budget, once approved by the JCC or CGB, will be deemed to be binding, and the [*] shall only be a good faith estimate of expected Commercialization Expenses, except as set forth in Section 2.6(a).