PDL Development Costs definition

PDL Development Costs means, for a given Autoimmune Indication, [CONFIDENTIAL TREATMENT REQUESTED] of the worldwide development costs accrued by PDL for the development of Daclizumab. All PDL Development Costs shall be calculated in accordance with cost accounting methods consistently applied and complying with generally accepted accounting principles, incurred by PDL during a period commencing on the Signing Date and ending on the date of the filing by ▇. ▇▇▇▇▇ of the first (1st) application for marketing approval for that Autoimmune Indication in a Major Country. PDL Development Costs shall not include any costs incurred by PDL for the purpose of manufacturing by PDL of Daclizumab in bulk form, but shall include any costs incurred by PDL in connection with formulation development and performance of formulation, fill and finish, and related activities. All PDL Development Costs that apply to multiple Autoimmune Indications (e.g., a subcutaneous formulation of Daclizumab) until the date of filing by ▇. ▇▇▇▇▇ for marketing approval for an Autoimmune Indication in a Major Country shall be allocated to the first Autoimmune Indication to which such costs apply that ▇. ▇▇▇▇▇ elects to market and sell, co-market or co-promote.
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Related to PDL Development Costs

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Commercialization Costs means the costs and expenses incurred by a Party [***]the Commercialization of the Product [***].