Milestone Payments definition
Examples of Milestone Payments in a sentence
For the avoidance of doubt, the potential aggregate total of all Commercial Milestone Payments payable for Licensed Products under this Agreement if all Commercial Milestone Events are achieved will be [***].
For the avoidance of doubt, the potential aggregate total of the Development Milestone Payments payable for Licensed Products under this Agreement will be [***].
The maximum of all Milestone Payments payable by Athira to Sermonix pursuant to this Section 7.3 shall not exceed $100,000,000.
As of the Effective Date, ▇▇▇▇▇▇ has provided to Sermonix advances in an aggregate amount of $311,531.43, which shall be treated as an advance on Milestone Payments, Royalty Payments and Partnering Transaction Consideration owed under this Agreement (the “Initial Advances”).
Each CVR represents the contractual right of a Holder to receive the applicable Milestone Payment(s) subject to, if it occurs, achievement of the applicable Milestone(s), in all cases pursuant to, and subject to the terms and conditions of, this Agreement.