Development Payment definition

Development Payment means the onetime non-refundable payment, in the amount of *** to cover the start up costs during the development phase of the Initial New Centers, which is payable as set forth in Section 3.2(a).

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Development Payment means the payment required to be paid by HKBT for Development Work pursuant to an applicable Statement of Work.

Development Payment shall have the meaning set forth in Schedule 1.

Examples of Development Payment in a sentence

• Within fifteen (15) days after Adapt delivers each of its monthly reports pursuant to Section 5.11.1, the Party to whom a Reconciliation Development Payment is due shall issue an invoice to the other Party for the Reconciliation Development Payment, which invoice shall be due and payable within fifteen (15) days thereafter.

• Employee must obtain and keep certification current to qualify for the Career Development Payment.

• Payments detailed in a Research and Development Payment Report shall be paid by MedImmune within [XXXXXXX] after receipt by MedImmune of (i) an Invoice and (ii) the Research and Development Payment Report from Inovio.

• Each invoice be accompanied by a Research and Development Payment Report and shall identify the basis for the payment obligation.

• The Party to whom a Reconciliation Development Payment is due shall issue an invoice to the other Party for the Reconciliation Development Payment, and such other Party shall pay the Reconciliation Development Payment within ten (10) days after its receipt of the invoice.

• Within thirty (30) days of the closing of a Qualified Financing, the Company shall pay to the Employee a lump sum equal to the Development Payment.

• Similarly, to the extent a delay in the sale of Common Shares is agreed to by the Parties pursuant to Section 8.4(f) to enable Takeda to avoid a potential liability under Section 16(b) of the Exchange Act, the amount of any such deferred Research and Development Payment will be treated as a Carryover Amount to such following calendar year.

• Customer shall have no right to a refund of the Development Payment unless QPC notifies Customer that it is abandoning development of the Products.

• Solely with regard to the Subsequent Closing, if applicable, the Research and Development Event shall have been reached and the cash portion of the Research and Development Payment shall have been made or is being made concurrent with such Subsequent Closing.

• Within fifteen (15) Business Days after the NDA for the Acer Product for a UCD has been accepted for review by the FDA, Relief will pay Acer another Ten Million Dollars ($10,000,000) (the “Second Development Payment” and, with the First Development Payment, the “Development Payments”).

More Definitions of Development Payment

Development Payment has the meaning set forth in Section 8.4 (Development Payment).

Development Payment means the advance of funds to Borrower by the Lender as set forth in Section (ii);

Development Payment has the meaning set forth in Section 3.1(a).

Development Payment means each Early Development Payment, Other Development Payment and Other Development Option Exercise Payment listed in the table that appears in Section 3.3.