Milestone Target Date definition

Milestone Target Date means the fifth anniversary of the date of this CVR Agreement.
Milestone Target Date means with respect to all Milestones, the date that is five (5) years from the later of (i) the expiration, invalidation or rejection of the last patent or patent application included in the patents exclusively licensed to the Surviving Corporation from The University of Texas M. D. ▇▇▇▇▇▇▇▇ Cancer Center, The ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Foundation for the Advancement of Military Medicine, Inc. or otherwise covering any portion of the Product Candidate, including all patent adjustments and extensions thereof, (ii) the latest to expire of any new drug product exclusivity granted by the FDA or any foreign Governmental Entity with respect to the Product Candidate, including but not limited to orphan drug status or data exclusivity periods granted under The Biologics Price Competition and Innovation Act or any foreign equivalent, or (iii) to the extent Parent acquires an exclusive license on any Invention pursuant to the Clinical Study Agreement entered into with ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇ Foundation for the Advancement of Military Medicine, Inc., effective October 29, 2007, the expiration of such exclusive license. If any Milestone does not occur by the Milestone Target Date, the CVRs underlying each such Milestone will terminate and all rights thereunder and all rights in respect thereof under this Agreement shall cease.
Milestone Target Date means, with respect to each Milestone, the respective date on which such milestone needs to be achieved in order for such achievement to qualify as a successful achievement.

Examples of Milestone Target Date in a sentence

  • Voyager shall review the Clinical Trial Plan at least on a quarterly basis and may in its reasonable discretion change such plan and any Clinical Milestone Target Date therein at any time.

  • Voyager promptly shall notify SBS in writing in the event of any material change to the Clinical Trial Plan or in the event that any Clinical Milestone Target Date is delayed by one calendar quarter or more.

  • The Company shall use Diligent Efforts to achieve each of the Milestones; provided, however, that such obligation to use Diligent Efforts to achieve each of the Milestones shall terminate upon the Milestone Target Date.

  • The Company shall provide the Trustee and Paying Agent written notice (email being sufficient) of the non-occurrence of the Milestone as promptly as practicable thereafter and, if the Milestone has not occurred prior to the ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Target Date, at least seven (7) Business Days following the BB2121 Milestone Target Date (unless the Trustee consents to a shorter notice period).

  • Notwithstanding the foregoing, the Company’s obligations to pay any Milestone Payment shall terminate in its entirety if the corresponding Milestone for such Milestone Payment has not been achieved by the Milestone Target Date.

  • Notwithstanding any termination of this Agreement, Parent shall remain obligated to make payment of any Milestone Payment that corresponds to a Milestone achieved prior to the Milestone Target Date.

  • This Agreement shall terminate upon the earliest to occur of (i) 180 days after payment of the last applicable Milestone Payment hereunder; or (ii) the expiration of the Milestone Target Date.

  • Item Milestone Target Date of Completion Pre-Closing on a Parcel, Pursuant to this Agreement 1.

  • If Buyer believes that any submission or Milestone is unlikely to be achieved by its Milestone Target Date, Buyer promptly shall provide Seller, with an explanation of the significant factors that it believes are responsible for the anticipated delay.

  • UKCTRF Milestone Target Date On-going validation and testing of HAMISH throughout its development Ongoing Continued code-modernisation of HAMISH Q3 2019 Development of adaptive meshing capability for HAMISH (sequential) Q4 2019 Research and develop parallel adaptive meshing strategy for HAMISH Q1 2020 J Fang 0.50 FTE Hybrid Programming: CPU+GPU Initial comparative study for the frameworks considered.


More Definitions of Milestone Target Date

Milestone Target Date shall have the meaning as set forth in Section 1.9(a)(ix).
Milestone Target Date means (1) in the case of the Milestone Events set forth in subsections (i) and (ii) of Section 1.9(b) below, **** and (2) in the case of the Milestone Events set forth in subsections (iii), (iv) and (v) of Section 1.9(b) below, ****.