Examples of Milestone Payments in a sentence
In the event that the Development Milestone set out in rows 6 is first achieved without the Development Milestone(s) set out in row 2 or row 4 in such table having been achieved, such Development Milestone(s) set out in row 2 or row 4 in such table (to the extent not previously achieved) shall be deemed to be achieved at the same time and the corresponding Development Milestone Payment(s) shall be payable at the same time.
In no event will (i) the royalty payable with respect to any Antibody Product in any country be reduced by more than relative to what would otherwise have been due under 4.3.1 (Royalties for Antibody Products) absent the reductions set forth in Section 4.3.2 (Royalty Reductions) or (ii) any Commercial Milestone Payments be reduced by more than relative to what would otherwise have been due under Section 4.2.2 (Commercial Milestones).