Development Milestone. The development milestone has been made in a way to ensure completion of the said Project within 3 (Three) years from the date of issue of Notice of Allotment (NoA).
Development Milestone. Initiation of first Clinical Study of the Licensed Asset or a Product in the Licensed Territory XENCOR may exercise its option in accordance with Section 9.2.1(a). Regulatory Milestones [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***] [***]
Development Milestone. (A) Salix shall pay to Alfa a one-time, non-refundable and non-creditable payment of twenty-five million Dollars ($25,000,000) (the “Development Milestone Payment”) within [*] Business Days of receipt by Salix from Alfa of an invoice for the payment of the Development Milestone Payment following the issuance of the Initial U.S. Marketing Approval for the Crohn’s EIR Product, provided that the Crohn’s EIR Product has an Acceptable Product Profile. The Development Milestone Payment is payable one time only, regardless of the number of Crohn’s EIR Products for which the condition is satisfied. For the avoidance of doubt, the maximum aggregate value of all Development Milestone Payments is twenty-five million Dollars ($25,000,000).
Development Milestone. (AS PER CLAUSE 5 OF RFP)
Development Milestone. 4.2 Upon Successful Completion of the first Phase III Clinical Trial for Product (the “Development Milestone Event”), Ovid shall pay to Lundbeck Ten Million Dollars (USD 10,000,000) (the “Development Milestone Amount”). [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
Development Milestone. For M834, Mylan shall pay to Momenta [***] within [***] after the first achievement by or on behalf of Momenta of [***] (the “Development Milestone”). Such Development Milestone payment shall be payable [***]. For clarity, if such Development Milestone event is not achieved, Mylan shall not owe the corresponding milestone payment.
Development Milestone. If any of the following milestones is in jeopardy of not being met in the United States or in any of the MAJOR EUROPEAN COUNTRY, the STEERING COMMITTEE shall discuss and determine the action plan to catch up with such milestone in jeopardy. Milestone Timing --------- ------
Development Milestone. Subject to the remainder of this Section 9.3, Astellas shall pay to Cytokinetics non-refundable, non-creditable payments set forth in the table below, on an Indication-by-Indication basis, upon [*] achievement of each milestone event in such Indication(s) (whether by or on behalf of Astellas or its Affiliates or sublicensees) in accordance with Section 9.3(b):
Development Milestone. The development milestone has been made in a way to ensure completion of development of Marriage Lawn within Three years of date of issue of NoA.
Development Milestone. The development milestone has been made in a way to ensure establish and commence operations of the Project within 5 (Five) years from the date of Signing of Lease Agreement as per the Schedule IV of this agreement.
