Milestone Amounts definition
Examples of Milestone Amounts in a sentence
Parent shall duly and promptly deposit with the Rights Agent for payment to the Holders the Milestone Amounts in the manner provided for in Section 2.4 and in accordance with the terms of this Agreement.
The Work described in Section 11 of Exhibit B (SOW), excluding any Work described in Section 10.3 below, will be priced on a firm fixed price basis and is included in the pricing determined in accordance with the table set forth below ("Fixed Milestone Amounts").
Our liability to you Our liability under or in connection with this Agreement is limited in aggregate to an amount equal to the total Milestone Amounts payable by us under this Agreement.
The Revised Cost Estimate by Task, attached in Exhibit A, and the Billing Milestone Amounts, attached in Exhibit B, which are incorporated herein by this reference, govern the rate and terms of the compensation schedule and payment except on matters where it conflicts with this Agreement in which case this Agreement controls.
Parent shall duly and promptly deposit with the Rights Agent for payment to each Holder the Milestone Amounts, if any, in the manner provided for in Section 2.5 and in accordance with the terms of this Agreement.
Our liability under or in connection with this Agreement is limited in aggregate to an amount equal to the total Milestone Amounts payable by us under this Agreement.
If, by June 24th, 2016, the Company has not met sufficient Milestones for payment of the full Subscription Amount, then the Purchasers will have no further obligation to pay further Milestone Amounts, and the Purchasers shall only be entitled to receive such additional Securities that correspond to the portion of the Subscription Amount paid by Purchaser.
Any liability of Parent and its successors and or assigns with respect to, and the obligation to pay, any Milestone Amounts, other than the Regulatory Milestone, or any directly related payments pursuant to this Agreement shall be terminated and of no force or effect upon the date that is 20 years after the date of this Agreement.
Pfizer shall pay each Additional Indication Milestone Amount in respect of a Milestone for an Additional Indication only once, regardless of how many additional indications are pursued with respect to a Product or how many different Products are the subject of attempts to seek approvals for Additional Indications; provided, however, that the Additional Indication Milestone Amounts set forth below need not be paid in respect of the same Additional Indication.
The remainder of the Subscription Amount shall be delivered by Purchaser on or before June 24, 2016 subject to Company’s meeting one or more of the Milestones and the Company shall deliver the corresponding Securities upon receipt of the corresponding Milestone Amounts.