Feasibility Budget definition

Feasibility Budget means the budget for the Feasibility Activities to be performed by EOS, and for the Feasibility Activities to be performed by third parties under a separate agreement, as updated from time to time pursuant to Section 3.2(b). The initial Feasibility Budget is set forth in Exhibit A hereto.
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Feasibility Budget has the meaning set forth in Section 3.1.1(b) hereof;
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Examples of Feasibility Budget in a sentence

  • In the event that changes to the Feasibility Plan are approved, the Parties agree that the Feasibility Budget shall be amended by mutual agreement to reflect any anticipated changes in the costs of the Feasibility Activities designated for EOS that are associated with such amendments to the Feasibility Plan.

  • If the Steering Committee agrees, additional financial contributions will be made by the parties to the Feasibility Budget in the amounts and on the terms agreed by the Steering Committee.

  • The Amyris Entities shall keep reasonable records of their costs and expenses incurred in connection with the development of Base Oils derived from BioFene from September 30, 2010 through the end of the Feasibility Phase (other than specifically in connection with an Exclusivity Exception), including internal and Third Party scale up and process development costs, which such costs and expenses, direct and indirect, shall be deemed part of the Feasibility Budget.

  • The Parties shall keep reasonable records of their respective costs and expenses incurred in connection with the Feasibility Assessment, including those referred to in Section 3.2.1, which such costs and expenses shall be deemed part of the Feasibility Budget and equally shared by the Parties.

  • The Cosan Entities shall keep reasonable records of their costs and expenses incurred in connection with the Feasibility Phase, including the costs referred to in Section 3.2.1, which such costs and expenses, direct and indirect, shall be deemed part of the Feasibility Budget and equally shared by the Parties.

  • Within thirty (30) days of the commencement of each Calendar Quarter, EOS shall send L’Oreal an invoice in the amount of the budget for such Calendar Quarter, as set forth in the Feasibility Budget.

  • Fifty percent (50%) of said costs, up to an amount to be mutually agreed by the Parties in the Feasibility Budget, shall be reimbursed by the Amyris Entities to the Cosan Entities within 20 (twenty) days from the date on which the Feasibility Assessment is concluded.

  • In the event of any dispute between the Parties with respect to the contents of the Clinical Feasibility Plan, such dispute will be submitted to the JSC and resolved by the JSC in accordance with Section 5.1. The Clinical Feasibility Plan, including the Clinical Feasibility Plan Timeline and Clinical Feasibility Budget, may be amended from time to time by the JSC in accordance with Section 5.1.

  • Fifty percent (50%) of said costs, up to an amount to be mutually agreed by the Parties in the Feasibility Budget, shall be reimbursed by the Cosan Entities to the Amyris Entities within 20 (twenty) days from the date on which the Feasibility Assessment is concluded.

  • Each Party shall use commercially reasonable efforts to conduct and complete those activities designated for it in the Feasibility Plan or that are otherwise required by this Article II (the “Feasibility Program”), in accordance with the schedule set forth in the Feasibility Plan and, in the case of EOS, in accordance with the Feasibility Budget.