Decision Milestone definition

Decision Milestone means the decision by the Parties to file an application for Regulatory Approval in any country in the Co-Promotion Territory (which decision is expected to occur approximately [**] months prior to filing each application). Upon reaching any Decision Milestone with respect to a Joint DDC, the Joint Development Committee shall notify the Joint Executive Committee in writing of such Decision Milestone. As used in this Agreement, the term "First Joint DDC' and "First Joint Product" shall mean the first Joint DDC to meet the Decision Milestone and its related Joint Product. The term "Second Joint DDC' and "Second Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions.
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Examples of Decision Milestone in a sentence

  • These payments will continue until the Launch Decision Milestone described in Section 6.3 has been achieved.

  • Subject to Section 6.11.1 (as applicable), if Roche exercises a Roche Development Candidate Option for a Stage 3 Small Molecule Program, Roche will pay Recursion [***] (the “ED-Go Decision Milestone Payment”) no later than [***] days after the applicable Option Effective Date and Roche’s receipt of an invoice therefor.

  • If Roche, within a DC Exercise Period, provides written notice that it is exercising its Roche Development Candidate Option with regard to the applicable Stage 3 Small Molecule Program, Roche would pay Recursion an ED-Go Decision Milestone Payment within the period following the applicable Option Effective Date set as forth in Section 6.6.2 for such program.

  • Upon reaching any Decision Milestone with respect to a Joint DDC, the Joint Development Committee shall notify the Joint Executive Committee in writing of such Decision Milestone.

  • As used in this Agreement, the term "Decision Milestone" shall mean the decision by the Parties to file an application for Regulatory Approval in any country in the Co-Promotion Territory (which decision is expected to occur approximately [**] months prior to filing each application).

  • In the event a Stage 3 Small Molecule Program achieved the Lead Series Criteria but Roche does not provide such notice within the LS Decision Period for such Stage 3 Small Molecule Program or pay the LO-Go Decision Milestone Payment within the period set forth in Section 6.6.1, such Stage 3 Small Molecule Program will be deemed an Available Stage 3 SM Program, subject to Section 4.3.3.

  • As used in this Agreement, the term "First Joint DDC' and "First Joint Product" shall mean the first Joint DDC to meet the Decision Milestone and its related Joint Product.