Examples of Net Sales Milestone Payment in a sentence
Three most densely populated system outputs submitted by three different teams were used as the pool for each discharge summary.
Annual Combined Worldwide Net Sales Milestone Payment in US Dollars Combined worldwide Net Sales of Licensed Products in [*] consecutive Calendar Quarters equals or exceeds [*] dollars ($[*]) [*] dollars ($[*]) Combined worldwide Net Sales of Licensed Products in [*] consecutive Calendar Quarters equals or exceeds [*] dollars ($[*]) [*] dollars ($[*]) The total amount payable under this Section 5.2(e)(ii) shall not exceed seventy-five million dollars ($75,000,000) in any event.
In no event will the Net Sales Milestone Payment become payable on account of sales of the Product consummated after the Net Sales Milestone Payment Termination Date.
At such time as the cumulative Net Sales by Company and its Affiliates and Sublicensees over the term of this Agreement first reach the Net Sales sums set forth below, Company will pay to Licensor the following milestone payments: Cumulative Net Sales Milestone Payment US $[*] US $[*] US $[*] US $[*] US $[*] US $[*] Said payment shall be made within [*] ([*]) months after the end of the fiscal quarter of Company in which the cumulative Net Sales milestone was achieved.
Each Net Sales Milestone Payment is payable only once with respect to the Products.
The Net Sales Milestone Payment shall be paid within 90 days after the end of the calendar year in which such Net Sales Milestone Event is achieved.
Each Personalised Net Sales Milestone Payment shall be paid only once regardless of how many, or how many times, Collaboration Personalised T-Cell Therapies generate, individually or collectively, Annual Net Sales at or beyond the thresholds below, and in no event will GNE pay [***] in Personalised Net Sales Milestone Payments.
In no event shall the total Net Sales Milestone Payment exceed $10,000,000.
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Threshold for Aggregate Annual Worldwide Net Sales Milestone Payment $[*] $[*] $[*] $[*] $[*] $[*] $[*] $[*] To the extent more than one sales threshold is reached in any given year, then the applicable milestone payment for each such achievement shall be due and owing with respect to such year.