Development Costs and Expenses. IPC shall be responsible for all Development Costs and Expenses for the Product, except as provided for in Section 2.4, 2.5 and 2.6 below.
Development Costs and Expenses. With respect to the foregoing Development activities with respect to the Marathon Suspension Product in and for the Territory, except as otherwise set forth in this Agreement and in any event without duplication:
(a) Marathon shall fund all Development costs and expenses associated with gaining FDA Approval of the Marathon Suspension Product NDA in the Territory, up to an amount of US$[**] Dollars). Once this amount has been reached, Marathon shall not be obligated to continue funding the Development for such purposes. [**].
(b) Within [**] calendar days after the Effective Date, Faes will [**] and [**] and will [**].
(c) Marathon shall fund (subject to Marathon’s prior written approval) the CMC development work costs necessary to provide for a compliant NDA dossier for the Marathon Suspension Product for the Territory. ActiveUS 164142681
(d) Marathon shall pay to Faes a reasonable, mutually agreed upon hourly fee (based upon the hourly rates listed in Appendix 2 to this Agreement) for [**] and [**] with respect to the [**] under this Agreement. [**] will be [**].
(e) Faes shall not be obligated to fund any Development costs or expenses associated with gaining FDA Approval of the Marathon Suspension Product in the Territory (including, but not limited to, any costs and expenses associated with complying with a U.S. FDA Pre Approval Inspection of the Facility), unless such costs and expenses are financed by Marathon or are otherwise agreed to by Faes.
(f) Each of the Parties agree that in performing its obligations under this Agreement (including, but not limited to, this Section 5): (a) it shall comply with all applicable Laws, including, but not limited to, all applicable regulatory standards, including cGMP; and (b) it will not employ or use any Person that has been debarred by the FDA under Section 306(a) or 306(b) of the Act.
Development Costs and Expenses. Except as explicitly provided in this Agreement, each Party shall be solely responsible for the funds necessary or desirable required in connection with implementing this Agreement, except that CVTV shall pay for the server fees (the “Server Fees”) that the Developer may incur, beyond the testing stage of the new App and blockchain-embedded XXX Platform, by using servers from a third party. The Developer shall present to CVTV the invoices of the Server Fees from the third party provider for CVTV’s reimbursement in a timely manner.
Development Costs and Expenses. Except as explicitly provided in this Agreement, each party shall be solely responsible for all costs and expenses associated with carrying out its responsibilities under this Agreement.
Development Costs and Expenses. Except as expressly stated in this Agreement or otherwise mutually agreed by the parties in writing, Developer will be solely responsible for and will pay any and all costs and expenses incurred by Developer in performing the Services under this Agreement.
Development Costs and Expenses. Spectrum shall be responsible for all Development Costs and Expenses for each Product, including any bioequivalence or bioavailability studies that are needed for the filing and approval of an ANDA for a Product. In the event Spectrum requests that Par reasonably assist in the development of any Product, Spectrum shall reimburse Par for all of its reasonable costs and expenses associated with such assistance that are approved in writing in advance by Spectrum.
Development Costs and Expenses. Influence agrees to assume responsibility for all costs and expenses incurred subsequent to and including February 10, 1998, whether incurred by TTI, Titan, or Influence, associated with the development of the Operating Prototype. With the exception of the "Xxxxx Expense", the amounts listed below are estimated costs to complete the development of the Operating Prototype. However, Influence will not be responsible for any costs and expenses associated with the development of the Operating Prototype which exceed these estimated amounts unless prior written approval is obtained from Influence, which approval shall not be unreasonably withheld. --------------------------------------------------------------------------------------------------------------------- February March April May June July August --------------------------------------------------------------------------------------------------------------------- Not to Not to Not to Xxxxx exceed exceed exceed Expense $10,000 $10,000 $10,000 --------------------------------------------------------------------------------------------------------------------- Misc. Supplies, $1,000 $1,000 $3,500 $1,000 parts --------------------------------------------------------------------------------------------------------------------- Xxxx Xxxxx @ $2,000 $2,000 $6,000 $4,000 $400.00 $400 $400/day --------------------------------------------------------------------------------------------------------------------- Xxxxx Xxxxxx $2,000.00 $2,000 $5,000 $1,000 $1,000 $1,000 @ $1,000/day --------------------------------------------------------------------------------------------------------------------- Can Machining $5,000 --------------------------------------------------------------------------------------------------------------------- In addition, Influence agrees to assume, without limitation, responsibility for all costs and expenses incurred subsequent to and including February 10, 1998 associated with regulatory submissions to the U.S. Food and Drug Administration relating to the Operating Prototype. Any of the assumed costs and expenses listed above and incurred by TTI or Titan will be reimbursed by Influence within fifteen (15) days of receipt of an invoice from TTI or Titan.
Development Costs and Expenses. MDCO shall reimburse APP for the Development Costs and Expenses actually spent or incurred by APP during the term of this Agreement that are listed on Schedule D; provided that MDCO shall not pay APP more than [**] U.S. Dollars ($[**]) pursuant to this Section 3.2. MDCO will not reimburse APP for expenses incurred by APP before the Effective Date. APP shall invoice MDCO for Development Costs and Expenses within [**] days of being spent or incurred by APP and MDCO shall pay all such invoices within [**] days of the date thereof.
Development Costs and Expenses. Each Party will bear its share of the reasonable, out-of-pocket costs that are unanimously approved by the Parties (such approval not to be unreasonably withheld, conditioned or delayed) and incurred in furtherance of this LOI prior to the execution and delivery of the definitive agreements ("Development Costs") in proportion to its membership interest in the JV; provided, that the value of the Property as described above will be credited against the County's share of the Development Costs. For the avoidance of doubt, Development Costs shall include: (x) costs and expenses incurred by FH for owner representative, construction management, and other services and efforts related to the construction of the Psychiatric Facility and (y) the current engagements with Xxxx Communications and WIPFLI related to the Psychiatric Facility, all of which will be borne by the Parties in proportion to their respective membership interests in the JV. Unless otherwise agreed by the parties: (a) prior to the incorporation of the JV, each Party will pay its share of Development Costs directly; (b) following the incorporation of the JV, each Party will pay its share of Development Costs to the JV; and (c) the Parties will enter into such arrangements as necessary to ensure that the burden of Development Costs is borne by each Party in the proportions described above. Each Party shall bear its own expenses arising out of this LOI and the transaction, with no liability for such expenses of the other Parties (regardless of whether the Parties consummate the closing), except: (a) Development Costs, which will be borne as described above; (b) as detailed in any existing agreement previously entered into between the Parties with regards to such expenses, which agreement remains in full force and effect as of the date hereof; or (c) as may be expressly agreed to in the definitive agreements of the JV.
Development Costs and Expenses. Subject to Section 1A.07, each party shall be responsible for payment of all of its own direct costs and expenses for personnel and facilities relating to the development of the prototype and the Product.
