Sales Milestone Payment definition

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

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Sales Milestone Payment has the meaning set forth in Section 7.3.

Sales Milestone Payment is defined in Section 5.3.

Examples of Sales Milestone Payment in a sentence

Each Sales Milestone Payment shall be due on a one-time basis; provided, however, that in the event that Aggregate Annual Net Sales for a Calendar Year trigger more than one previously unpaid Sales Milestone Payments, then all such previously unpaid Sales Milestone Payments shall be due.
Each Sales Milestone Payment upon achievement of each Sales Milestone Event (as set forth on Exhibit C), regardless of whether the milestone is achieved by, or on behalf of, Licensee or a Sublicensee.
Each Sales Milestone Payment shall be made by Licensee to MD ▇▇▇▇▇▇▇▇ (without invoice) within [***] following Licensee’s receipt of a written notice from MD ▇▇▇▇▇▇▇▇ acknowledging MD ▇▇▇▇▇▇▇▇’▇ agreement that the respective Sales Milestone Event has been achieved following receipt by MD ▇▇▇▇▇▇▇▇ of notice of such achievement and shall not reduce the amount of any other payment provided for in this Article III.

Sales Milestone Payment has the meaning provided in Section 8.6.

Sales Milestone Payment has the meaning set forth in Section 10.9.

Sales Milestone Payment has the meaning set forth in Section 2.4(b).

Sales Milestone Payment has the meaning set out in Clause 13.4;

Sales Milestone Payment shall have the meaning set forth in Section 9.2(b).

Sales Milestone Payment has the meaning set forth in Section 9.4.3(a) (Sales Milestone Payments).

Sales Milestone Payment shall have the meaning specified in Section 5.1(b).