Common use of Milestone Event Milestone Payment Clause in Contracts

Milestone Event Milestone Payment. First Commercial Sale of a Product under the applicable Post-Effective Date Program [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Program exceed [*] in a calendar year [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Program exceed [*] in a calendar year [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Program exceed [*] in a calendar year [*]

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Entera Bio Ltd.), Research Collaboration and License Agreement (Entera Bio Ltd.)

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Milestone Event Milestone Payment. First Commercial Sale of a Product under the applicable Post-Effective Date Initial Program [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Initial Program exceed [*] in a calendar year [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Initial Program exceed [*] in a calendar year [*] Worldwide Net Sales of Products under the applicable Post-Effective Date Initial Program exceed [*] in a calendar year [*]

Appears in 2 contracts

Samples: Research Collaboration and License Agreement (Entera Bio Ltd.), Research Collaboration and License Agreement (Entera Bio Ltd.)

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