Additional Milestone Payment definition

Additional Milestone Payment has the meaning set forth in Section 9.1.3(a).
Sample 1Sample 2Sample 3
Additional Milestone Payment has the meaning set forth in the Merger Agreement.
Sample 1
Additional Milestone Payment shall have the meaning set forth in Section 2.6(a)(iii).
Sample 1

Examples of Additional Milestone Payment in a sentence

  • For clarity, each Additional Milestone Payment is payable only once; no Additional Milestone Payment shall be payable for subsequent or repeated achievements of such Additional Milestone Event with one or more of the same or different Amgen Optioned Products directed against such Amgen Optioned Target.

  • Upon receipt by Neuromed of an Additional Milestone Payment under the Asset and Purchase Agreement between Mallinckrodt Inc.

  • Amgen shall report to Kite its achievement of each Additional Milestone Event for which payment to Kite is due, within […***…] after Amgen determines such achievement has occurred, and Kite shall invoice Amgen for the applicable Additional Milestone Payment.

  • Without limiting the foregoing, provided that Pfizer continues with the Existing Trials in accordance with the terms and conditions of the Agreement and fulfills its obligations under this Second Amendment, Pfizer shall be deemed to have satisfied its diligence obligations under the Agreement with respect to the development of the Licensed Product through the date on which the Additional Milestone Payment is due.

  • Quark may grant licenses or sublicenses of its rights provided for in this Section 8, but solely within the scope of this section and for a time period which shall terminate with the payment of the Additional Milestone Payment.

  • In this regard, it is expressly understood that if Quark seeks to conduct studies of PF-655 prior to the due date of the Additional Milestone Payment which are not for the purpose of carrying out the Additional Trial, Quark needs to obtain the prior consent of the Pfizer representatives on the JDC.

  • GTx has sought from Ipsen an Additional Milestone Payment in consideration of additional rights granted hereunder, including but not limited to expanding Xxxxx’x territory and co-promoting the Licensed Product in the ADT Indication in the US; and Ipsen desires to effect payment in respect thereof.

  • In addition, during the period from the Second Amendment Effective Date until the payment by Pfizer of the Additional Milestone Payment, Pfizer shall be relieved of any obligation to reimburse Quark for a portion of its payments to Third Party licensees pursuant to the third sentence of Section 5.11(b) of the Agreement.

  • If Quark conducts any studies of PF-655 prior to the due date for the Additional Milestone Payment which are not for the purpose of carrying out the Additional Trial, Quark shall report the results of such studies to the members of the JDC as soon as practicable.

  • The Additional Milestone Payment shall be non-creditable and non-refundable.


More Definitions of Additional Milestone Payment

Additional Milestone Payment shall have the meaning ascribed to it in Section 2 of this First Amendment.
Sample 1

Related to Additional Milestone Payment

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Sales Milestone Payment has the meaning set forth in Section 8.3.1.

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Development Milestone Event shall have the meaning set forth in Section 9.2(a).

  • Milestone Event has the meaning set forth in Section 8.4.

  • Milestone Events has the meaning set forth in Section 3.3 (Milestone Payments).

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Additional Indication means any indication other than the Initial Indication.

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Initial Indication means the use of a Product for the treatment of opioid addiction.

  • Sublicense Revenue means [***].

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Upfront Payment has the meaning set forth in Section 4.1.