Incremental Development Costs Sample Clauses

Incremental Development Costs. If, in connection with the JRC’s discussion and development of an Additional Drug Discovery Plan, Ionis is considering, in good faith, selecting [***] for the applicable Drug Discovery Program and such [***], then Ionis will notify Metagenomi (an “Initial Interest Notice” and the [***] identified in such notice, a “[***]”). If Metagenomi reasonably believes that the costs to progress a Drug Discovery Plan for the applicable Collaboration Target with the [***] are more than [***] of the costs to progress a Drug Discovery Plan for a [***] (the difference between the costs to progress a Drug Discovery Plan for a [***] versus the costs to progress a Drug Discovery Plan for the [***], the “Incremental Development Costs”), then Metagenomi will notify Ionis of such Incremental Development Costs (an “Increased Cost Notice”) within [***] of receipt of the Initial Interest Notice. For a period of [***] from Ionis’ receipt of the Increased Cost Notice, the Parties will use Commercially Reasonable Efforts to negotiate, in good faith, economic terms that compensate Metagenomi for the Incremental Development Costs. If the Parties are unable to mutually agree on such financial compensation during such [***] period, then, at Ionis’ election, (i) Ionis may select a different [***] and the process set forth in this Section 2.2.4(c) (Incremental Development Costs) will continue to apply until (1) the Parties agree on financial terms to compensate Metagenomi for the applicable Incremental Development Costs for [***], (2) Metagenomi does not provide an Increased Cost Notice for a [***], or (3) the [***], or (ii) Ionis may select a [***]. If the Parties mutually agree on the economic terms [***] or if Metagenomi has not provided an Increased Cost Notice to Ionis for a [***] as set forth above, then, in either case, such [***] will be set forth in the applicable Drug Discovery Plan, [***], and such mutually agreed economic terms will be set forth in a written agreement between the Parties.
Sample 1
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Incremental Development Costs. If, [***].
Sample 1
Incremental Development Costs. “Incremental Development Costs” for any period shall mean the positive amount, if any, of Development Costs for such period minus Base Drilling Capital for such period. For this purpose, “Base Drilling Capital” for any period shall be determined by the Computer Program in the manner described in Exhibit B attached hereto.
Sample 1

Related to Incremental Development Costs

  • Development Costs Licensee shall be responsible for all of its costs and expenses in connection with the Development of, and obtaining and maintaining Regulatory Approvals for, the Licensed Products in the Field in the Territory.

  • Project Costs Simultaneously with the execution of this Agreement, the Company shall disclose to the Department all of the Project Costs which the Company seeks to include for purposes of determining the limitation of the amount of the Credit pursuant to Section 5-30 of the Act and provide to the Department a Schedule of Project Costs in the form as attached hereto as Exhibit C.

  • Development Budget Attached hereto as Exhibit "B" and incorporated herein by this reference is the Development Budget in an amount equal to $_____________. Owner acknowledges and represents that the attached Development Budget includes the total costs and expenses to acquire, develop, renovate and construct the Real Property and the Apartment Housing.

  • Project Cost Overruns In the event that the Recipient determines that the moneys granted pursuant to Section II hereof, together with the Local Subdivision Contribution, are insufficient to pay in full the costs of the Project, the Recipient may make a request for supplemental assistance to its District Committee. The Recipient must demonstrate that such funding is necessary for the completion of the Project and the cost overrun was the result of circumstances beyond the Recipient's control, that it could not have been avoided with the exercise of due care, and that such circumstances could not have been anticipated at the time of the Recipient's initial application. Should the District Committee approve such request the action shall be recorded in the District Committee's official meeting minutes and provided to the OPWC Director for the execution of an amendment to this Agreement.

  • Amendment costs If (a) the Borrower requests an amendment, waiver or consent or (b) an amendment is required pursuant to Clause 27.9 (Change of currency), the Borrower shall, within three Business Days of demand, reimburse the Agent for the amount of all costs and expenses (including legal fees) reasonably incurred by the Agent in responding to, evaluating, negotiating or complying with that request or requirement.

  • Development Fee A fee for the packaging of a Property or Mortgage, including the negotiation and approval of plans, and any assistance in obtaining zoning and necessary variances and financing for a specific Property, either initially or at a later date.

  • Direct Costs The Contractor shall separately identify each item of deleted and added work associated with the change or other condition giving rise to entitlement to an equitable adjustment, including increases or decreases to unchanged work impacted by the change. For each item of work so identified, the Contractor shall propose for itself and, if applicable, its first two tiers of subcontractors, the following direct costs: (1) Material cost broken down by trade, supplier, material description, quantity of material units, and unit cost (including all manufacturing burden associated with material fabrication and cost of delivery to site, unless separately itemized); (2) Labor cost broken down by trade, employer, occupation, quantity of labor hours, and burdened hourly labor rate, together with itemization of applied labor burdens (exclusive of employer’s overhead, profit, and any labor cost burdens carried in employer’s overhead rate); (3) Cost of equipment required to perform the work, identified with material to be placed or operation to be performed; (4) Cost of preparation and/or revision to shop drawings and other submittals with detail set forth in paragraphs (e)(1) and (e)(2) of this clause; (5) Delivery costs, if not included in material unit costs; (6) Time-related costs not separately identified as direct costs, and not included in the Contractor’s or subcontractors’ overhead rates, as specified in paragraph

  • Construction Cost Budget The total cost to District of all elements of the Project designed or specified by the Architect, as adjusted at the end of each design phase in accordance with this Agreement. The Construction Cost Budget does not include the compensation of the Architect and the Architect’s Consultants, the cost of land, rights-of-way, financing or other costs which are the responsibility of the District, including construction management.

  • FTE The term “

  • Cost Overruns The Borrower shall ensure that all cost-overruns over the estimated construction costs of the Project as certified by a quantity surveyor or the Architect or as ascertained by the Lender as and when they occur shall be funded by the Borrower’s own equity;

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