Examples of Sale Milestone in a sentence
The Borrower and its Subsidiaries shall have achieved the Sale Milestone prior to October 31, 2018.
The Borrower and its Subsidiaries shall have achieved the Sale Milestone prior to March 31, 2019, provided that this covenant shall be deemed satisfied if the Borrower presents the Administrative Agent and the Required Lenders with signed bona fide offers for certain of the Selected Assets which would have produced Net Cash Proceeds in excess of $100,000,000 prior to March 31, 2019 and the Administrative Agent and the Required Lenders object to the terms and conditions of such documentation.
Pfizer Payments to BIND 33 8.1. Initial License Fee 33 8.2. Option Fee 34 8.3. Development Milestone Payments 34 8.4. Supplemental NDA Milestone Payments 35 8.5. Regulatory Approval Milestone Payments 36 8.6. First Commercial Sale Milestone Payments 36 8.7. Sales Milestones 37 8.8. Royalties 38 8.9. Third Party Licenses 39 8.10.
Chairman NORRIS made a motion to add a study of broadband development and deployment to the work program, due in 2017, to help facilitate legislation that will be discussed in committee again this coming session (Senate Bill 1134 by Bowling and House Bill 1303 by Brooks).
The First Commercial Sale Milestone Payment shall be paid together with the Earn-Out-Payment of the Calendar Quarter during which the First Commercial Sale milestone event has been achieved.
The set of Sale Milestone payments in the table above shall be payable by MAGENTA to HDPR upon the first achievement of each such Sales Milestone for the first Product directed toward a Development Target, but not for any subsequent Products directed toward such same Development Target that achieves the same Sales Milestone.
This may be because you feel the decision was not properly considered or reasonably justified.
Promptly (and in any event within five (5) Business Days) following the receipt by Assignee of any report, notice, correspondence or confidential information related to either the NDA Milestone or Commercial Sale Milestone provided by Zevra under the Zevra Agreement, Assignee shall furnish a true, correct and complete copy of the same to Assignor.
For clarity, the Sales Milestone Payments in this Section 5.3 shall be additive such that if multiple Sale Milestone Events specified above are achieved in the same calendar year, then the Sale Milestone Payments for all Sale Milestone Events achieved in such calendar year shall be payable within [***] ([***]) [***] after the end of such calendar quarter in which such multiple Sales Milestone Events were achieved in such calendar year.
It shall be an Event of Default if the Credit Parties are unable to or fail to provide such evidence (“ Sale Milestone Default”).