Development Milestone Payments definition

Development Milestone Payments has the meaning set forth in Section 6.3.
Development Milestone Payments has the meaning set forth in Section 10.2.1 (Development Milestone Events and Payments).
Development Milestone Payments shall have the meaning set forth in Section 6.4.

Examples of Development Milestone Payments in a sentence

  • Upon achieving certain milestones for the Initial Indication as set out below, XXXXXXX will make one-time Development Milestone Payments to XXXXX (not reimbursable or refundable), in addition to the Initial Payment.

  • Upon achieving the milestones for indications other than the Initial Indication, as set out below, XXXXXXX will make separate one-time Development Milestone Payments to XXXXX (not reimbursable or refundable).


More Definitions of Development Milestone Payments

Development Milestone Payments shall have the meaning set forth in Section 7.7.1.
Development Milestone Payments shall have the meaning given to it in Schedule 2;
Development Milestone Payments for a Product has the meaning set out in the applicable Product Schedule;
Development Milestone Payments means all revenues, receipts, monies, milestone payments and research and development fees (in respect of research and development fees. only to the extent that same are in excess of reimbursement for the direct costs and Indirect Costs of research and development or pursuit of Regulatory Approval undertaken by Poniard or its Affiliates pursuant to a written research or development plan), payments (including amounts received from the sale of shares in the capital stock of Poniard in excess of the Current Market Nee for such shares), license fees and the fair market value of all other consideration, collected or received by Poniard or its Affiliates whether by way of cash, equity, credit or any barter, benefit, advantage, or concession, that are contingent upon the achievement of an event or objective pursuant to a written research or development plan, and not merely the passage of time, and shall exclude amounts collected or received by Poniard or its Affiliates on account of Net Sales of Licensed Products;
Development Milestone Payments is defined in SECTION 5.2.
Development Milestone Payments has the meaning set forth in Section 2.2.4.
Development Milestone Payments has the meaning given to it in Exhibit 3.