Technology Transfer Costs definition

Technology Transfer Costs means the costs incurred by or on behalf of Silence in performing a Technology Transfer pursuant to a Work Plan and that are specifically identified as Technology Transfer Costs in such Work Plan, including, as applicable, all such FTE Costs and other reasonable out-of-pocket costs incurred by or on behalf of Silence during the performance of such Technology Transfer.

Technology Transfer Costs means the (a) [**] and (b) [**], in each case ((a) and (b)), incurred by Mersana and its Affiliates in conducting the activities allocated to it in a Technology Transfer Plan.

Technology Transfer Costs means FTE Costs and Out-of-Pocket Costs incurred by or on behalf of Novavax or its Affiliates in the course of performing Technology Transfer activities in accordance with this Agreement.

Examples of Technology Transfer Costs in a sentence

• Sanofi will reimburse Novavax, on a Calendar Quarter-by- Calendar Quarter basis for the Technology Transfer Costs incurred by or on behalf of Novavax in the applicable Calendar Quarter that are in accordance with Technology Transfer Budget plus Allowable Overruns.

• Within [***], Novavax will provide Sanofi with a detailed, itemized invoice of the Technology Transfer Costs reimbursable by Sanofi in accordance with Section 10.8.1 (Reimbursement; In-Kind) under the applicable Technology Transfer Budget that are incurred by or on behalf of it and its Affiliates during such [***] in the form agreed by the Parties through the JFC, as may be updated by the JFC from time to time (each, a “Technology Transfer Costs Invoice”).

• Within [***] following the receipt of each Technology Transfer Costs Invoice, Sanofi will have the right to request reasonable additional information related to such Technology Transfer Costs during such [***] in order to confirm that such reported Technology Transfer Costs are in accordance with the approved Technology Transfer Budget.

• Technology Transfer Costs will initially be borne by Novavax, subject to reimbursement as provided in Section 10.7.1 (Reimbursement; In-Kind).

• Sanofi will pay the undisputed amounts invoiced within [***] after receipt of such Technology Transfer Costs Invoice.

• If Novavax incurs any Technology Transfer Costs under the applicable Technology Transfer Plan that are not in accordance with the applicable Technology Transfer Budget plus Allowable Overruns, then Novavax shall bear such Technology Transfer Costs itself.

More Definitions of Technology Transfer Costs

Technology Transfer Costs means internal and external costs incurred by TESARO for the transfer of copies of a l l tangible embodiments of Know-How necessary for Company’s establishment of Manufacturing capabilities for Compound API as described in the API Supply Agreement. With respect to internal costs, FTEs will be invoiced at an annual rate of $[***] per FTE (i.e., an hourly rate of $[***] per FTE, assuming [***] working days per year and an 8 hour workday). For the avoidance of doubt, Technology Transfer Costs exclude expenses for travel and time spent in general planning meetings. A quarterly budget for TESARO consulting services related to technology transfer will be established and agreed to by the Parties in accordance with the API Supply Agreement. All Technology Transfer Costs will be invoiced according to Section 8.13.

Technology Transfer Costs means all Direct Costs and Indirect Costs incurred by or on behalf of a Party or any of its Affiliates in conducting any (a) Technology Transfer pursuant to Section 6.8 or (b) activities to enable Roche, its Affiliates or [****] to obtain the authorization or ability to Manufacture Products.

Technology Transfer Costs means internal and external costs incurred by TESARO for the transfer of copies of all tangible embodiments of Know-How necessary for Company’s establishment of Manufacturing capabilities for Compound API as described in the API Supply Agreement. With respect to internal costs, FTEs will be invoiced at an annual rate of $[***] per FTE (i.e., an hourly rate of $[***] per FTE, assuming [***] working days per year and an 8 hour workday). For the avoidance of doubt, Technology Transfer Costs exclude expenses for travel and time spent in general planning meetings. A quarterly budget for TESARO consulting services related to technology transfer will be established and agreed to by the Parties in accordance with the API Supply Agreement. All Technology Transfer Costs will be invoiced according to Section 8.13.