Past Development Costs definition
Past Development Costs means the Reimbursed Development Costs and Assumed Development Cost Liabilities, each as defined in the Purchase Agreement.
Past Development Costs means the past Development Costs reasonably allocated to seeking or maintaining Regulatory Approval in the United States with respect to the applicable Licensed Product prior to the effective date of the Profit-Sharing Agreement. Payment to Takeda shall be made within [**] after Alnylam exercises the Profit-Sharing Option. For purposes of clarity, only one Option Exercise Payment, determined in accordance with the table above based on the point at which Alnylam exercises the Profit-Sharing Option, shall apply for each Shared Product.
Past Development Costs means the aggregate of all costs to develop the Project incurred or paid by, or on behalf of, the Project LLC up to and including the Effective Date (including accrued Interest). The amount of capitalized Past Development Costs as of October 10, 2001 is itemized in Exhibit C, which Exhibit is hereby approved by Allegheny.
Examples of Past Development Costs in a sentence
The maximum amount of reimbursement by Mallinckrodt of Neuromed development costs and expenses under this Section 2.3, combined with any payment by Purchaser for Past Development Costs under and pursuant to the Purchase Agreement, is Sixteen Million Dollars ($16,000,000).