Development Budget definition

Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.
Development Budget has the meaning set forth in Section 3.1.
Development Budget shall have the meaning provided in Section 4.2.

Examples of Development Budget in a sentence

  • In the event either Party identifies Excess Development Costs, the Parties shall discuss in good faith through the JSC the Joint Development Costs that are necessary and reasonable in order to perform the activities set forth in the CDP and any proposed amendments to the Joint Development Budget.

  • Once approved by the JSC, the amended CDP (including the corresponding amended Joint Development Budget) shall become effective for the applicable period on the date approved by the JSC (or such other date as the JSC shall specify).

  • Each Party shall promptly inform the JSC in writing upon such Party determining that it has incurred or is likely to incur Joint Development Costs for a Calendar Year that exceed the portion of the Joint Development Costs allocated to such Party in the Joint Development Budget for such Calendar Year (“Excess Development Costs”).

  • Except as otherwise provided in this Section 3.2, all Joint Development Costs incurred in accordance with the CDP and Joint Development Budget shall be shared equally (50/50) between BioNTech and OncoC4 in accordance with Section 7.3.

  • The amendment of the Development Plan and the Development Budget shall become effective only upon the approval of the JSC.


More Definitions of Development Budget

Development Budget means the budget associated with the activities conducted under the Development Plan for the U.S., detailing the anticipated Development Costs.
Development Budget means the budget (comprised of the Management Budget Component and the Clinical Budget Component) for the implementation of the Development Plan (the initial form of which was agreed upon by Dynavax and Symphony Dynamo as of the Closing Date and attached to the Amended and Restated Research and Development Agreement as Annex D thereto), as may be further developed and revised from time to time in accordance with the Development Committee Charter and the Amended and Restated Research and Development Agreement.
Development Budget means a budget for conducting development pursuant to each Development Plan (a) during a given calendar year and [***] and (b) an overall estimate of the budget required for obtaining a first Regulatory Approval of a first Licensed Product for the Indication of such Development Plan.
Development Budget means the agreed upon cost of developing the Apartment Housing and Improvements, including all construction costs based on the Construction Contract, the Plans and Specifications, land and soft costs (which includes, but is not limited to, financing charges, market study, Development Fee, architect fees, etc.) The final Development Budget is referenced in the Development, Construction and Operating Budget Agreement entered into by and between the Partners on even date herewith, and incorporated herein by this reference.
Development Budget shall have the meaning set forth in Section 2.1.14 hereof.
Development Budget means the budget for the implementation and completion of the acquisition, construction, renovation, installation and equipping of the Project Facilities, initially as attached to the Loan Agreement as Schedule 4, together with any modifications or amendments thereto made in accordance with the Loan Agreement and with the prior written consent of the Majority Owner Representative.
Development Budget shall have the meaning set forth in Section 3.3.