Examples of Minimum Return Amount in a sentence
If and to the extent, Idenix is obligated to remit such Minimum Return Amount, such amount will then be credited against Sales Payments which become due in each of the next succeeding quarterly periods until such Minimum Return Amount has been fully applied.
For the avoidance of doubt, in determining the Minimum Return Amount received by the Lender, all payments of principal and interest shall be included in the calculation for determining whether the Minimum Return Amount shall have been achieved.
If, as of the 31st day of December of the seventh calendar year after the commercial launch of an HCV Product in the later of the United States or a Major EU Country, the aggregate Sales Payments made for all Products do not equal or exceed $12 million, Idenix, shall, within 60 days thereafter, remit to UABRF the Minimum Return Amount.