Payments for Development Sample Clauses

Payments for Development. (a) In consideration of EURAND’s performance in accordance with the terms and conditions of this Agreement, RELIANT shall make the payments (non refundable to RELIANT) to EURAND in accordance with the payment schedules set forth in Exhibit A hereto.
Sample 1Sample 2Sample 3See All (5)
AutoNDA by SimpleDocs
Payments for Development. In consideration of the Development to be carried out by DURA during the term of this Agreement, Xxxxxx Corp. II shall reimburse DURA out of Available Funds for all of (a) the Direct Development Costs plus a fee equal to twenty-five percent (25%) of all of such costs (the "Management Fee"), PROVIDED that the cost to DURA of services provided by Affiliates of DURA shall not exceed the cost to each Affiliate of providing such services, and (b) the Indirect Development Costs plus a fee equal to twenty percent (20%) of all such costs (the "Indirect Management Fee"), invoiced to Xxxxxx Corp. II
Sample 1Sample 2Sample 3See All (4)
Payments for Development. (a) In consideration of Elite’s performance in accordance with the terms and conditions of the Agreement, Hi-Tech shall pay Elite’s fees for the Development Program according to the terms outlined in Schedule B of this agreement. The payments described in Schedule B shall be made in advance, following completion of each phase, and prior to commencing work on the next phase. Elite shall provide written notice of its intent to commence each phase, and Hi-Tech shall pay Elite’s fee for such phase within fifteen (15) days after receipt of such notice, unless Hi-Tech elects to terminate the Agreement pursuant to Section 9.4. The initial payment shall be made when Elite notifies Hi-Tech that it intends to commence the Development Program. Any costs in excess of the amount outlined in Schedule B must be approved in writing in advance by Hi-Tech. Any out-of-pocket-expenses including raw material costs will be paid for by Hi-Tech. Costs for filing of the DMF per Section 2.3 and any additional work mutually agreed upon by the Parties, but not covered in Schedule B shall be paid for at cost. Elite will invoice Hi-Tech for these costs and provide details of the work completed and suppliers’ invoices as documentation of the costs. Costs over $1,000 will be pre-approved in writing by Hi-Tech. Hi-Tech shall pay within 30 days any invoice from Elite with respect to any approved expenses incurred in developing the Intermediate Product.
Sample 1
Payments for Development. As partial consideration for the development of Inventions and Technology and the Collaborative Screens to be developed by Aurora or by Aurora and Merck, Merck shall pay *** per year for a period of *** beginning on the Effective Date for such development. The fully-burdened rate for each Aurora full time equivalent shall *** per year based on a minimum *** per year, annually increased on the anniversary of the Effective Date to reflect adjustment in the CPI, using January 1, 1997 as the base year (a "FTE"). Such payments shall be payable in quarterly payments ***, the first payment to be made on or before the first January 15, April 15, July 15 or October 15 occurring after the Effective Date and the subsequent Nineteen (19) such quarterly payments made every three months thereafter. Such payments shall be non-refundable and non-creditable. In no event shall Merck be obligated to pay more than *** under this Section 3.1.1.5 per year of the Collaborative Period. The parties acknowledge that the total number of FTEs may be reduced due to CPI adjustment. Of the Aurora FTEs funded by Merck, Aurora will dedicate three (3) FTEs to ***. All other FTEs each year will be allocated from a pool of Aurora personnel resources that will contain individuals that may have expertise or experience that can be applied to a particular Collaborative Screen, new instrumentation or new reporter. The parties understand and agree that Aurora is not obligated to enter into a CSP Work Plan where more than two (2) FTEs for one year would reasonably be needed to complete the work under such CSP Work Plan.
Sample 1
Payments for Development. (a) In consideration of EURAND's performance in accordance with the terms and conditions of this Agreement as defined in Exhibit A, GLOBAL shall make the following payments to EURAND:
Sample 1
Payments for Development. In consideration of Elite’s performance with the terms and conditions of this agreement, Mikah shall pay Elite for the development work according to the terms outlined in exhibit B, items 1,2 and 3, of this agreement.
Sample 1
Payments for Development. As consideration for the development of the Design Specifications and the discharge of all of TRX’s obligations related to the Development Services, WORLDTRAVEL agrees to pay TRX a fee as follows (the “Development Fee”):
Sample 1
AutoNDA by SimpleDocs
Payments for Development. In consideration of Elite’s performance with the terms and conditions of this agreement, {***} shall pay Elite for the development work according to the terms outlined in exhibit B.
Sample 1
Payments for Development. (a) In consideration of EURAND’s performance in accordance with the terms and conditions of this Agreement, ECR shall make the payments (non-refundable to ECR) to EURAND as shown in Exhibit D hereto.
Sample 1

Related to Payments for Development

  • Joint Development All inventions, know-how, trade secrets, data or information which result from joint development by the Parties hereto shall be jointly owned by the Parties. The Parties hereby agree to cooperate in good faith in the filing of any and all patent applications in all jurisdictions.

  • Information Systems Acquisition Development and Maintenance a. Client Data – Client Data will only be used by State Street for the purposes specified in this Agreement.

  • Development Responsibilities From and after the Effective Date, BMS shall assume sole responsibility for the Development of Compounds and Products in the Field in the Territory during the Term at its own cost and expense (including responsibility for all funding, resourcing and decision-making, subject to Sections 3.3 and 3.4), except with respect to the performance by Ambrx of the Research Program activities assigned to Ambrx pursuant to the Research Plan and as otherwise may be agreed upon by the Parties in writing. BMS, by itself or through its Affiliates and Sublicensees, shall use Diligent Efforts to Develop a Compound or Product in the Field in accordance with the Development Plan for the purpose of obtaining a Regulatory Approval in each Major Market. For clarity, it is understood and acknowledged that Diligent Efforts in the Development of Compounds and Products may include sequential implementation of Clinical Trials and/or intervals between Clinical Trials for data interpretation and clinical program planning and approval.

  • Product Development SB shall have responsibility for, and control of, the development and commercialization of each Product arising from this Agreement, including process development, delivery system and formulation development, preclinical studies, clinical studies, sales and marketing.

  • Condominiums/Planned Unit Developments If the Mortgaged Property is a condominium unit or a planned unit development (other than a de minimis planned unit development) such condominium or planned unit development project such Mortgage Loan was originated in accordance with, and the Mortgaged Property meets the guidelines set forth in the Originator's Underwriting Guidelines;

  • Development 3.1.1 Licensee agrees to and warrants that:

  • Clinical Development (a) Stellartech shall design, develop and construct a Clinical Unit for each of the Thermage Disposable Device and the Thermage Generator, and any required component or subassembly thereof and shall deliver such Clinical Units to Thermage in accordance with the Development Program; (b) Stellartech shall deliver to Thermage such other Deliverables as are contemplated by the Development Program in accordance with the Development Program; and (c) as requested by Thermage and automatically at the conclusion of the Development Program, Stellartech, so long as Thermage is not in breach of its material obligation hereunder, shall deliver in writing to Thermage any and all data and information held by or in the control of Stellartech which is necessary or useful to obtain regulatory approval of the Products in the United States or any foreign country.

  • Development Funding (a) Viewray will pay 3D Line the then U.S. Dollar equivalent of €[***] within three (3) days of the Effective Date for the engineering services required to develop/ deliver the Deliverable described in Section 2.1(a)(i).

  • Development Fees (a) For the development services described in Section 8 above, IMG will pay VERITAS at the "Annual Rate". The initial Annual Rate shall be one hundred eighty thousand dollars ($180,000) per person-year. Commencing January 1, 2002, the Annual Rate shall be adjusted to equal the product of the then current Annual Rate multiplied by a fraction, the numerator of which is the Consumer Price Index published for the December immediately preceding the January 1 in question and the denominator of which is the Consumer Price Index published for the immediately preceding December; provided, however, that any such increase in the Annual Rate shall not be greater than seven percent (7%) of the immediately preceding Annual Rate.

  • Payments for Distribution Assistance and Administrative Support Services (a) Payments to the Distributor. In consideration of the payments made by the Fund to the Distributor under this Plan, the Distributor shall provide administrative support services and distribution services to the Fund. Such services include distribution assistance and administrative support services rendered in connection with Shares (1) sold in purchase transactions, (2) issued in exchange for shares of another investment company for which the Distributor serves as distributor or sub-distributor, or (3) issued pursuant to a plan of reorganization to which the Fund is a party. If the Board believes that the Distributor may not be rendering appropriate distribution assistance or administrative support services in connection with the sale of Shares, then the Distributor, at the request of the Board, shall provide the Board with a written report or other information to verify that the Distributor is providing appropriate services in this regard. For such services, the Fund will make the following payments to the Distributor:

Time is Money Join Law Insider Premium to draft better contracts faster.