Sales Milestones has the meaning set forth in Section 8.3(a).

Sales Milestones has the meaning attributed to it in Clause 6.3.1.

Sales Milestones means [***]. If the Company reaches a fully negotiated definitive documentation for an agreement providing for the terms contained in (1) or (2) of this paragraph (c), and the Company decides to reject such agreement and pursue an alternative transaction, then the terms of this paragraph (3) shall be deemed to have been satisfied for purposes of calculating the Midpoint Reversion Date. The [***] and [***] thresholds in this paragraph shall be adjusted for [***] as a result of [***] after the Effective Date (for example, if [***]). For purposes of calculating [***]. In addition, the [***] and [***] thresholds in this paragraph shall be adjusted for [***] after the date hereof (for example, if the Company [***]).

Examples of Sales Milestones in a sentence

Accordingly, the Company will recognize the Sales Milestones when the contingency is resolved and the amount is paid or payable.
For clarity, notwithstanding any provision to the contrary in this Agreement, any consideration received by Roche or its Affiliates from a Compulsory Sublicensee for the sale of Products in a given Calendar Year will be added to Net Sales of Products for such year for purposes of determining whether any of the Sales Milestones in TABLE 3 have been achieved.
The remaining portion of proceeds shall be allocated to Servier and treated as Royalty Bearing Net Sales for the payment of Royalty and Sales Milestones to Sorrento.
The future contingent payments related to the Sales Milestones are predominately cash-based payments accounted for under FASB Accounting Standards Codification Topic 450, Contingencies.
Plaintiffs’ evidence is not sufficient for a reasonable factfinder to conclude that PRA unlawfully interfered with achievement of the Sales Milestones.

More Definitions of Sales Milestones

Sales Milestones shall have the meaning set forth in Section 3.4.1.

Sales Milestones shall have the meaning set out in Clause 8.2.2,

Sales Milestones means percentages ranging from twenty-five percent (25%) to seventy-five percent (75%) of the forecasted sales for Fusion Test Systems in the Territory by Ando to be determined by the Steering Committee as part of the Fusion Business Plan (as defined in Section 4.3) with respect to sales of Fusion Test Systems to non-Affiliated Persons in the Territory. Sales Milestones shall be reviewed and evaluated by the Steering Committee on no less than an annual basis. The initial measurement period for such Sales Milestones shall commence as of the Effective Date hereof and end as of the end of the eighteenth calendar month thereafter; each subsequent measurement period for the remainder of the term of this Agreement shall commence as of the first day of the next succeeding calendar month and end as of the end of the twelfth calendar month thereafter.

Sales Milestones means, collectively, the 2015 Sales Milestone, the 2016 Sales Milestone and the 2017 Sales Milestone.

Sales Milestones shall have the meaning assigned to such term in Schedule 1.01(b).

Sales Milestones means the milestones set forth in Schedule 5.4.

Sales Milestones means those payments payable to NeurogesX pursuant to Section 3.2 of the Existing License Agreement.