Sales Milestone Payment definition

Sales Milestone Payment has the meaning set forth in Section 6.4.

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Sales Milestone Payment has the meaning set forth in Section 7.5.

Sales Milestone Payment is defined in Section 5.4.2.

Examples of Sales Milestone Payment in a sentence

If the applicable Sales Milestone Event is achieved during the U.S. P&L Share Term, then Company will pay Vir Bio the following corresponding Sales Milestone Payment for such Sales Milestone Event.
If the applicable Sales Milestone Event is achieved after the end of the U.S. P&L Share Term and Vir Bio has achieved the Limited Funding Threshold at such time, then Company will pay Vir Bio the following Sales Milestone Payment (“Limited Funding Sales Milestone Payment”) for such Sales Milestone Event.
If the applicable Sales Milestone Event is achieved after the end of the U.S. P&L Share Term and Vir Bio has not achieved the Limited Funding Threshold at such time, then Company will pay Vir Bio the following Sales Milestone Payment (“Opt-Out Sales Milestone Payment”) for such Sales Milestone Event.
Within […***…] in which a given Sales Milestone is […***…] achieved hereunder […***…] by BMS, BMS will (i) notify Janux in writing of such achievement (each, a “Sales Milestone Notice”), and (ii) pay the applicable Sales Milestone Payment set forth in Table 7.3 (Sales Milestones); provided that, at the request of BMS to Janux, Janux will promptly issue an invoice (with wire instructions) to BMS for the applicable Sales Milestone Payment .
Notwithstanding any other provision herein, each Sales Milestone Payment shall be payable one-time, upon the first achievement of such Sales Milestone Event (for clarity, regardless of the number of Licensed Products to achieve a Sales Milestone Event).

More Definitions of Sales Milestone Payment

Sales Milestone Payment has the meaning set forth in Section 8.2.1.

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

Sales Milestone Payment has the meaning set forth in Section 8.3(b) (Sales Milestones).

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

Sales Milestone Payment has the meaning set forth in Section 2.6(d).

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

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