Development Payments definition

Development Payments has the meaning set forth in Section 5.2(d).

Development Payments has the meaning set forth in Exhibit T.

Development Payments is as defined in Section 5.1 of this Agreement.

Examples of Development Payments in a sentence

• The foregoing states the entire liability of Alimera with respect to its failure to make a timely payment of all or a portion of any of its Development Payments (but will not limit Alimera’s liability for any failure to pay CDS Net Profits payments, which is addressed in Section 6.5.1(c)(I)).

• Except in the event of termination by Relief due to Sections 10.2 or 10.4, Acer will have the right to receive, and Relief will have the obligation to pay, all Royalty Payments, the Reimbursement Payment, the Milestone Payments and the Development Payments due to Acer under Sections 5.2 and 5.3 and accruing as of the date of termination, which sections will survive expiration or termination of this Agreement.

• The First and Second Development Payments shall be referred to collectively as the “Development Pre-Payments.” The Development Pre-Payments shall be credited towards amounts Xxxx owes Corium under this Agreement for labor, materials, and supplies of the [*] Product during the duration of the Development Program for the [*] Product until such payments have been fully applied.

• The Company shall remit to Ramot all amounts due (i) with respect to Sublicense Receipts within thirty (30) days of the receipt of such Sublicense Receipts by the Company or its Affiliates; and (ii) with respect to Development Payments within 30 days of the achievement of each of the milestones specified in Section 7.3 above.

• The final Commercial Milestone Payment and Profit Share payment is due ninety (90) days after the date of termination, or ninety (90) days after the last sale made pursuant to Section 15.9. For clarity, after the termination of this Agreement, Takeda will be relieved from payment of the Milestone Payments, Commercial Milestone Payments and Research and Development Payments, other than as provided in this Section 15.10, which were not otherwise due at the time of the termination of this Agreement.

More Definitions of Development Payments

Development Payments means any payments received by Novan from Third Parties, including Licensees, as consideration for Novan’s or its Affiliates’ performance of research and development services or activities or the provision of goods or materials regarding the Products or otherwise, including without limitation any related reimbursement or cost-sharing arrangements or activities. Development Payments shall not include any payments received by Novan in connection with Commercialization.

Development Payments means the development payments to be made by the City to the Developer hereunder as described in Section 6.3 hereof; provided however, that the total aggregate Development Payments made to the Developer shall not exceed $5,914,100, except as adjusted pursuant to Section 5.19 hereof.

Development Payments means the development payments to be made by the City to the Developer pursuant to the Development Agreement.

Development Payments as to any specific period, means the actual payments made by Borrower, on a consolidated basis, during such period for developing specific game titles, accumulated and calculated consistently with the past accounting practices of Borrower as to product development expenditures.

Development Payments means those payments specified in Section 11.8 of the Collaboration Agreement.

Development Payments. All amounts payable by Franchisees pursuant to the Development Agreements other than Excluded Amounts.

Development Payments. Payments relating to all of the Issuer’s rights to receive payments under the Development Agreements including, without limitations, (i) the location fees receivable from franchisees under Single Store Development Agreements and (ii) development fees receivable from franchisees under the Multi-Store Development Agreements.