Commercialization Budget definition

Commercialization Budget means the budget of Commercialization Costs set forth in the Commercialization Plan to be incurred by the Parties in connection with the performance of the Commercialization Plan.

Commercialization Budget has the meaning set forth in Section 5.1.

Commercialization Budget shall have the meaning set forth in Section 4.2 hereof.

Examples of Commercialization Budget in a sentence

• The JCC will set the required form and contents of the Global Commercialization Budget, but at a minimum the contents shall include [***].

• Thereafter, Merck, with input from Moderna, will update the Global Commercialization Budget at least [***] per Calendar Year (and in any event at any time the Global Commercialization Plan is updated or amended with respect to any Commercialization Activities), and the JCC will review and comment on and the JSC shall approve any such update or any other amendment to the Global Commercialization Budget.

• The Commercialization Plan and Commercialization Budget for each Jointly Funded Product/Indication shall be [*] at least [*] of such Jointly Funded Product/Indication in the Shared Territory, to include without limitation a launch plan and launch budget covering the period through the [*] following the First Commercial Sale in the Shared Territory.

• Thereafter, in the fourth Calendar Quarter of each Calendar Year during the Term, Sanofi shall prepare and submit to the JAC for review, discussion and approval an initial draft of the Commercialization Budget for planned activities to be performed under such Commercialization Plan during the forthcoming Calendar Year.

• Any significant change in a Co-Promotion Marketing and Sales Plan or Co-Promotion Commercialization Budget during the course of the year will be communicated promptly to the JDCC.

More Definitions of Commercialization Budget

Commercialization Budget means the budget of Commercialization Costs established by the JSC covering all Commercialization activities in the [***] set forth in the approved [***] portion of the [***] or the approved [***], as applicable, as such budget may be updated and approved by the JSC, from year to year.

Commercialization Budget means, with respect to a Collaboration Product in the Collaboration Territory, the budget for Shared Commercialization Costs included in the Commercialization Plan for such Collaboration Product.

Commercialization Budget shall have the meaning set forth in Section ------------------------ 7.04.

Commercialization Budget means the budget for Commercialization activities that is included within each Commercialization Plan, as such budget may be amended or updated from time to time in accordance with Section 2.6. The Commercialization Budget shall be updated on a yearly basis.

Commercialization Budget means the detailed budget for Commercialization Expenses estimated by the Parties for all Commercialization activities proposed for the following [*], or for such longer period as the JCC may determine, and that is included within the Commercialization Plan, as such budget may be amended or updated from time to time in accordance with Article 2. For clarity, only the [*] of a Commercialization Budget, once approved by the JCC or CGB, will be deemed to be binding, and the [*] shall only be a good faith estimate of expected Commercialization Expenses, except as set forth in Section 2.6(a).

Commercialization Budget means the budget approved by the JCC for conducting Commercialization pursuant to the Commercialization Plan.

Commercialization Budget that shall set forth, on a rolling two (2) year basis, the projected sales and the projected Direct Commercialization Costs broken down on a calendar quarter-by-quarter and Product-by-Product basis. Alimera shall prepare semi-annual updates to the Commercialization Budget prior to June 30 and December 31 of each year in which Alimera has a Commercialization Budget or engages in Commercialization of any Products, and shall provide CDS with copies of such semi-annual