Milestone Payment definition

Milestone Payment has the meaning set forth in Section 4.2.
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 Payment has the meaning set forth in Section 7.2.

Examples of Milestone Payment in a sentence

  • The Milestone Payment shall be payable one (1) time only (for the avoidance of doubt, no amounts shall be due for subsequent or repeated achievement by any Milestone or Commercializing Party of a Milestone Trigger Event for any Payment-Bearing Product in any country).

  • Deliverable and Milestone Payment Schedule The agreed upon Deliverables and Schedule of Milestones for funding under this Grant Agreement are included as Attachment C to this Fixed Amount Award entitled Deliverable and Milestone Payment Schedule.

  • None of Buyer, its Affiliates, or any of their respective Representatives owes any fiduciary duty to Seller with respect to the Milestone Payment or any Net Sales Payments.

  • For U.S. federal income Tax purposes, the Parties intend that the Milestone Payment and the Net Sales Payments shall be treated as adjustments to the Closing Payment (subject to imputation of interest under Section 483 or Section 1274 of the Code) and deferred contingent purchase price eligible for installment sale treatment under Section 453 of the Code (and any corresponding provision of state, local, or non-U.S. Law).


More Definitions of Milestone Payment

Milestone Payment shall have the meaning set forth in Section 5.1.2.
Milestone Payment has the meaning set forth in Section 1.11(a).
Milestone Payment shall have the meaning assigned in Section 8.3.
Milestone Payment a payment identified in Schedule 7.1 (Charges and Invoicing) to be made following the issue of a Milestone Achievement Certificate;
Milestone Payment shall have the meaning given in Section 4.3(a).
Milestone Payment has the meaning set forth in Section 2.6(a)(iii).