Annual Net Sales Milestones. (i) Within thirty (30) days after the end of each Calendar Quarter in which aggregate annual Net Sales of all Products in the Field in the MTPC Territory first reach any threshold indicated in the Milestone Events listed below, MTPC shall pay to Neurocrine the corresponding non-refundable, non-creditable Milestone Payment set forth below: Annual Net Sales Milestone Events Milestone Payments [...***...] $[...***...] [...***...] $[...***...] [...***...] $[...***...]
Annual Net Sales Milestones. Spark shall pay Clearside the corresponding one-time milestone payment upon the first occurrence in a calendar year of Annual Net Sales for a Licensed Product or multiple Licensed Products achieving an Annual Net Sales milestone set forth in the table below. Each such milestone payment shall be paid no more than once and the maximum aggregate amount that can become payable under this Section 7.5 is $12,000,000. Annual Net Sales Milestone Milestone Payment [***] [*** ] [***] [*** ] [***] [*** ]
Annual Net Sales Milestones. The Milestone payments set forth in this Section 8.2(e) shall each be payable to MacroGenics one time only, upon the first time during the Term that the total aggregate Net Sales of Licensed Products in any Calendar Year in the Territory during the applicable Royalty Term for the Licensed Products in the applicable country exceed the amounts set forth in the following table (each, a “Sales Milestone”). Annual Aggregate Worldwide Net Sales Milestones Sales Milestone Payment (USD) Upon the first occasion that aggregate annual Net Sales of Licensed Products exceeds [**] [**] Upon the first occasion that aggregate annual Net Sales of Licensed Products exceeds [**] [**] Upon the first occasion that aggregate annual Net Sales of Licensed Products exceeds [**] [**] Upon the first occasion that aggregate annual Net Sales of Licensed Products exceeds [**] [**] If more than one Sales Milestone described in this Section 8.2(e) is achieved during the same Calendar Year, then Incyte shall pay MacroGenics only the Sales Milestone payment that corresponds to the highest Sales Milestone that was achieved in such Calendar Year, and any Sales Milestone that was earned in such Calendar Year but not paid shall be paid with respect to the first Calendar Year in which no other Sales Milestone was achieved. For purposes of clarity, only one Sales Milestone payment shall be owed, on each of the first occasions that aggregate annual Net Sales of Licensed Products exceed [**], [**], [**] and [**] under this Section 8.2(e).
Annual Net Sales Milestones. Subject to the terms and conditions of this Agreement, with respect to each of the following Milestone Events based on the aggregate Net Sales of all Licensed Products by AbbVie or any of its Affiliates or Sublicensees in the AbbVie Territory, AbbVie shall pay to I-Mab a one (1)-time non-refundable Milestone Payment, within [Redacted] after the Calendar Quarter in which such Milestone Events is first achieved after the Effective Date and during the Term as follows:
Annual Net Sales Milestones. (a) Within [***] after the end of each Calendar Quarter in which aggregate annual Net Sales of the Product in the Field in the Territory first reach any threshold indicated in [***] INDICATES MATERIAL THAT HAS BEEN OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT HAS BEEN REQUESTED. ALL SUCH OMITTED MATERIAL HAS BEEN FILED WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24b-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED the Milestone Events listed below in a given Calendar Year, AMAG shall pay to Endoceutics the one-time, non-refundable, non-creditable Milestone Payment set forth below: Annual Net Sales Milestone Events Milestone Payments First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed one hundred fifty million Dollars ($150,000,000) $ 15,000,000 First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed three hundred million Dollars ($300,000,000) $ 30,000,000 First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed five hundred million Dollars ($500,000,000) $ [***] First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed one billion Dollars ($[***]) $ [***] First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed three billion Dollars ($[***]) $ [***] First Calendar Year in which aggregate annual Net Sales of Product in the Territory equal or exceed five billion Dollars ($[***]) $ [***]
Annual Net Sales Milestones. The milestone payments set forth in this Section 9.30 (each, a “Sales Milestone Payment”) shall each be payable to MacroGenics one-time only, upon the first time during the Term that the total aggregate Net Sales of Products in any Calendar Year by Company, its Affiliates and its sublicensees in the Territory during the applicable Royalty Term for the Products in the applicable country exceed the amounts set forth in the following table (each, a “Sales Milestone”), if and only if the Co-Funding Term is not in effect when such Sales Milestone is achieved. *** = Portions of this exhibit have been omitted pursuant to a request for confidential treatment. An unredacted version of this exhibit has been filed separately with the Commission.
Annual Net Sales Milestones. The milestone payments set forth in this Section 9.3(d) (each, a "Sales Milestone Payment") shall each be payable to MacroGenics one-time only, upon the first time during the Term that the total aggregate Net Sales of Products in any Calendar Year by Company, its Affiliates and its sublicensees in the Territory during the applicable Royalty Term for the Products in the applicable country exceed the amounts set forth in the following table (each, a "Sales Milestone"), if and only if the Co-Funding Term is not in effect when such Sales Milestone is achieved. Annual Aggregate Worldwide Net Sales Milestones
Annual Net Sales Milestones. Licensee will pay Licensor the following one-time milestone payments in cash, unless otherwise mutually agreed in writing by the Parties, within sixty (60) days after the first achievement of the Annual Net Sales (defined below) event for all of the Licensed Products sold in a given Calendar Year during the Term of this Agreement. As used herein, “Annual Net Sales” means the combined Net Sales of all Licensed Products during a given Calendar Year in the Territory. In the event more than one of the following sales-based milestones is first achieved in a single Calendar Year, all milestones that have been achieved in that Calendar Year shall be due. For clarity, each sales-based milestone below can only be achieved once and each of the corresponding milestone payments below shall be payable only once, in each instance, regardless of how many times the corresponding milestone event may be achieved. Annual Net Sales Milestone Event Milestone Payment
Annual Net Sales Milestones. The milestone payments set forth in this Section 8.3(b), shall each be payable to MacroGenics one-time only, upon the first time during the Term that the total aggregate Net Sales of any single Product in any Calendar Year by Takeda, its Affiliates and its Sublicensees in the Territory reach or exceed the amounts set forth in the following table; provided that such payments [***]. Notwithstanding the foregoing, in the event that MacroGenics has exercised the Limited Funding Option, [***]; provided that MacroGenics has paid each Phase III Trial Invoice in accordance with Section 7.2(b). Net Sales Milestones Milestone Payment [***] [***] [***] [***] [***] [***] [***] [***]
Annual Net Sales Milestones. The Milestone payments set forth in this Section 8.2(e) shall each be payable to MacroGenics one time only, upon the first time during the Term that the total aggregate Net Sales of Licensed Products in any Calendar Year in the Territory during the applicable Royalty Term for the Licensed Products in the applicable country exceed the amounts set forth in the following table (each, a “Sales Milestone”).
