Eligible Development Expenses definition

Eligible Development Expenses means all FTE Costs, Out-of-Pocket Costs, and other costs and expenses incurred by or on behalf of a Party or its Affiliates that are attributable to PMR/PMC Activities or Other Studies in accordance with the applicable Co-Funded Development Plan or Arrowhead Co-Funded Development Plan, including the following:
Eligible Development Expenses means all FTE Costs and Out-of-Pocket Expenses to the extent relating to the Territory (1) incurred by or on behalf of a Party or its Affiliates that are directly attributable or reasonably allocable to (x) Development activities in accordance with the Development Plan and Development Budget or (y) regulatory activities in accordance with the Regulatory Plan and Regulatory Budget, or (2) otherwise approved by the PCC, including the following:
Eligible Development Expenses means, with respect to all Licensed Products that are Cost-Profit Sharing Products (and all Licensed Compounds included in such Licensed Products), costs and expenses incurred by or on behalf of a Party or its Affiliates [***] such Licensed Products in accordance with the Global Development Plan/Budget or otherwise provided in Section 12.3 (Certain Indemnified Losses), as applicable:

Examples of Eligible Development Expenses in a sentence

  • Eligible Development Expenses will be recognized and calculated in accordance with the applicable Accounting Standards.

  • Following receipt of the Eligible Development Expenses Report(s) following a given [***], such Eligible Development Expenses Report(s) will be [***].

  • Commencing from and after the Execution Date and during the Term, the Parties will share all Eligible Development Expenses [***] at a ratio of [***] (Takeda: Arrowhead) (the “Eligible Development Costs Share Ratio”) in accordance with [***].


More Definitions of Eligible Development Expenses

Eligible Development Expenses means, with respect to a Profit-Share Product and a period of the PSP P&L Share for such Profit-Share Product, all FTE Costs, Out-of-Pocket Costs, and other costs and expenses incurred by or on behalf of a Party or its Affiliates that are directly attributable to Development activities for such Profit-Share Product in accordance with the applicable Co-Funded Development Plan, including the following:
Eligible Development Expenses. MEANS, ON A LICENSED CATEGORY 1 TARGET‑BY‑LICENSED CATEGORY 1 TARGET BASIS, THE DEVELOPMENT EXPENSES FOR SUCH LICENSED CATEGORY 1 TARGET [***]. ELIGIBLE DEVELOPMENT EXPENSES WILL ALSO INCLUDE ANY [***]. ELIGIBLE DEVELOPMENT EXPENSES SPECIFICALLY EXCLUDE ANY COSTS OR EXPENSES OF A PARTY OR ITS AFFILIATES TO THE EXTENT [***]. NO EXPENSE INCLUDED AS AN ELIGIBLE DEVELOPMENT EXPENSE WILL ALSO BE INCLUDED AS AN ELIGIBLE COMMERCIALIZATION Expense.
Eligible Development Expenses means, on a Licensed Category 1 Target‑by‑Licensed Category 1 Target basis, the Development Expenses for such Licensed Category 1 Target [***]. Eligible Development Expenses will also include any [***]. Eligible Development Expenses specifically exclude any costs or expenses of a Party or its Affiliates to the extent [***]. No expense included as an Eligible Development Expense will also be included as an Eligible Commercialization Expense.

Related to Eligible Development Expenses

  • medium term expenditure framework ’ means a budgeting framework applied by the National Treasury which—

  • Direct Costs means the sum of the following:

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Eligible Expenditures means expenditures in respect of the reasonable cost of goods, works and services required for the Project and to be financed out of the proceeds of the Loan allocated from time to time to the eligible Categories in accordance with the provisions of Schedule 1 to this Agreement; and

  • Reimbursable Expenses means, for any Shared-Loss Quarter, the amount of actual, reasonable and necessary out-of-pocket expenses (other than Capitalized Expenditures), paid to third parties (other than Affiliates of the Assuming Institution) by or on behalf of the Assuming Institution, as limited by Sections 3.2(c) and (d) of Article III of this Commercial Shared-Loss Agreement, to: