Examples of Development Milestone Payment in a sentence
Thereafter, Innate will provide Takeda with an invoice for the corresponding Development Milestone Payment, and Takeda will pay to Innate such Development Milestone Payment no later than days after its receipt of an invoice for such Development Milestone Payment.
In the event that the Development Milestone set out in row 4 in the table set out in Section 9.3.1 is first achieved without the Development Milestone set out in row 2 in such table having been achieved, the Development Milestone set out in row 2 in such table shall be deemed to be achieved at the same time and the corresponding Development Milestone Payment shall be payable at the same time.
Pharming shall ensure that each Development Milestone Payment is paid to Orchard by the later of (a) [_____] days of the first achievement of the corresponding Development Milestone and (b) [_____] Business Days from receipt of an invoice for such Development Milestone Payment from Orchard.