Development Milestone Event 2 definition

Development Milestone Event 2 means [****].
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Examples of Development Milestone Event 2 in a sentence

  • Furthermore, if a Development Milestone Event is achieved for a given Preclinical Compound before a prior Development Milestone Event (“prior” and “subsequent” referring to a lower number in the table above, e.g., Development Milestone Event 2 being “prior” to Development Milestone Event 3), then all such prior Development Milestone Events shall be deemed achieved upon achievement of the subsequent Development Milestone Event.

  • For example, if Development Milestone Event #5 has been achieved but Development Milestone Event #2 has not been achieved, then, upon achievement of Development Milestone Event #5, the Development Milestone Payment corresponding to both Development Milestone Event #2 and Development Milestone Event #5 will become due and payable by Galapagos to Adaptimmune.

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  • For example, Development Milestone Event #2 may be achieved upon [***] the 5th subject dosed in a Phase IA Clinical Trial, and Development Milestone Events #3 and #4 may [***].

  • If any of Development Milestone Event (2), (3) or (4) is achieved prior to the achievement of Development Milestone Event (1), then the Development Milestone Payment for Development Milestone Event (1) shall be paid concurrently with the Development Milestone Payment for the first to occur of Development Milestone Event (2), (3) or (4), as the case may be.

Related to Development Milestone Event 2