Sales Milestone Payment definition

Sales Milestone Payment is defined in Section 5.3.
Sales Milestone Payment has the meaning set forth in Section 7.3.
Sales Milestone Payment has the meaning set forth in Section 6.1(c) (Sales Milestone Payments).

Examples of Sales Milestone Payment in a sentence

  • Notwithstanding anything express or implied in this Section, no more than one Sales Milestone Payment shall become due with respect to Net Sales levels in any given Calendar Year.

  • If two or more Sales Milestone Events are achieved in the same [***], then BioNTech will pay the Sales Milestone Payment in respect of the first such Sales Milestone Event to occur in that [***] when such milestone payment falls due, and the second Sales Milestone Event will be treated as having been achieved on the first day of the subsequent [***].

  • BioNTech will pay to Biotheus the amounts set forth in Table [***] below (each a "Sales Milestone Payment") no later than [***] days after receipt of an undisputed invoice from Biotheus, which invoice shall be issuable after the first achievement of each event described below (each a "Sales Milestone Event") triggered by [***].


More Definitions of Sales Milestone Payment

Sales Milestone Payment has the meaning provided in Section 8.6.
Sales Milestone Payment shall have the meaning set forth in Section 8.4.
Sales Milestone Payment has the meaning set forth in Section 2.4(b).
Sales Milestone Payment shall have the meaning specified in Section 5.1(b).
Sales Milestone Payment has the meaning set forth in Section 10.9.
Sales Milestone Payment has the meaning set out in Clause 13.4;
Sales Milestone Payment is defined in Section 4.1.2 hereof.