Research and Development Payments definition

Research and Development Payments means those payments received by --------------------------------- GenVec from a third party licensee of a Licensed Product that are specifically intended to support research and development on such Licensed Product, including: (i) payments to fund the actual fully burdened direct costs of research and development by GenVec to be performed subsequent to the execution by GenVec of a written agreement with a third party providing for the reimbursement of such expenses, plus reasonable GenVec overhead, including general and administrative expenses, allocated to such research and development in accordance with GAAP, consistently applied; (ii) payments to cover the actual payments by GenVec to third parties for research and development relating to the Licensed Product; and (iii) payments for any other expenses which GenVec can demonstrate are directly related to such research and development and which can be reasonably allocated in accordance with GAAP, consistently applied.
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Research and Development Payments means funds paid to SRA consistent with section 6(1)(a) of the Act for Research and Development Activities. ‘Risk Management Plan’ means the plan prepared and maintained by SRA specifying the measures to be implemented to manage its material, commercial, legal and administrative risks in accordance with clause 25.4 of this Agreement.
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Research and Development Payments means the payments required to be made by Takeda to BioNumerik pursuant to Section 8.4.
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Examples of Research and Development Payments in a sentence

  • The final Commercial Milestone Payment and Profit Share payment is due ninety (90) days after the date of termination, or ninety (90) days after the last sale made pursuant to Section 15.9. For clarity, after the termination of this Agreement, Takeda will be relieved from payment of the Milestone Payments, Commercial Milestone Payments and Research and Development Payments, other than as provided in this Section 15.10, which were not otherwise due at the time of the termination of this Agreement.

  • The Research and Development Payments shall cover all reasonable expenses to be incurred by Integral pursuant to the Research and Development Plan, which shall include Integral’s out-of-pocket expenses, purchases, and contracted services, as well as all internal and external contracted services and FTE Costs (the “Expenses”).


More Definitions of Research and Development Payments

Research and Development Payments shall have the meaning assigned to such term in Section 3.8.
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Research and Development Payments means grants, milestone payments and other financial contributions payable to You at the intervals stated in Your collaboration agreements or other written contractual agreements declared to Us and in connection with Your Research Projects.
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Research and Development Payments means funds paid to SRA consistent with section 6(1)(a) of the Act for Research and Development Activities.
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Related to Research and Development Payments

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • spatial development framework means the Kouga Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • scientific research means any activity in the field of natural or applied science for the extension of knowledge;

  • Social development company means a company whose primary purpose in Sudan is to provide humanitarian goods or services, including medicine or medical equipment, agricultural supplies or infrastructure, educational opportunities, journalism-related activities, information or information materials, spiritual-related activities, services of a purely clerical or reporting nature, food, clothing, or general consumer goods that are unrelated to oil-related activities, mineral extraction activities, or power production activities.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • Indigenous Peoples Planning Framework or “IPPF” means the indigenous peoples planning framework for the Investment Program, including any update thereto, agreed between the Borrower and ADB and incorporated by reference in the FFA;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Collaborative drug therapy management means participation by an authorized pharmacist and a physician in the management of drug therapy pursuant to a written community practice protocol or a written hospital practice protocol.

  • Economic development incentive means a financial incentive,

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Public research university means Rutgers, The State University

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Health planning region means a contiguous geographical area of the Commonwealth with a

  • Development Phase means the period before a vehicle type is type approved.