Examples of Sales Milestones in a sentence
Accordingly, the Company will recognize the Sales Milestones when the contingency is resolved and the amount is paid or payable.
For clarity, notwithstanding any provision to the contrary in this Agreement, any consideration received by Roche or its Affiliates from a Compulsory Sublicensee for the sale of Products in a given Calendar Year will be added to Net Sales of Products for such year for purposes of determining whether any of the Sales Milestones in TABLE 3 have been achieved.
The remaining portion of proceeds shall be allocated to Servier and treated as Royalty Bearing Net Sales for the payment of Royalty and Sales Milestones to Sorrento.
The future contingent payments related to the Sales Milestones are predominately cash-based payments accounted for under FASB Accounting Standards Codification Topic 450, Contingencies.
Plaintiffs’ evidence is not sufficient for a reasonable factfinder to conclude that PRA unlawfully interfered with achievement of the Sales Milestones.