Co-Development Expenses Sample Clauses
Co-Development Expenses. With respect to each Customized Thermostat (by model, not unit), Comverge shall pay to WR that amount specified in the applicable Thermostat Unique Attachment (the “Co-Development Payment”), for use by WR in connection with the Co-Development with respect to that Customized Thermostat. Except for these payments and any liability of Comverge for the Unamortized Cost under the applicable Thermostat Unique Attachment, each Party will be responsible for its own costs and expenses in connection with the Co-Development.
Co-Development Expenses. During the Term of this Agreement, HGS and NVS shall share equally the Development Expenses of all Development activities under the Development Plan for the Collaboration Product in the Territory. NVS and HGS shall each pay fifty percent (50%) of any Development Expenses that are associated with global development activities or activities to produce data or information intended to be used for registration purposes on a worldwide basis, including, for example, the EU and the United States, subject to reconciliation in Section 6.4.3. NVS will be solely responsible for development expenses associated with Non-Global Development Activities. Additionally, upon the first dosing of a patient in the first Phase III Clinical Study approved in the Development Plan, NVS will pay to HGS a non-refundable, non-creditable reimbursement for development costs incurred by HGS prior to the Effective Date totaling [***] within [***] days of the receipt of an invoice from HGS.