Performance Milestone. If, during the Collaboration Period, Aurora identifies chemical entities for at least [***] of the Hyseq Targets screened by Aurora under the Target Program which demonstrate at least a [***] over related public domain targets (as defined in the Target Program), then Aurora will pay to Hyseq a one-time, non-creditable, non-refundable milestone payment of [***] within [***] after the final report for the Target Program has been received by Hyseq from Aurora.
Performance Milestone. Grantee shall expend 50% of total Grant amount to Homebuyers within twelve (12) months from the start of the Performance Period. Agency will review the Grantee’s performance of the Work to determine if remaining Grant funds will be retained by Xxxxxxx, reallocated to other awardees under the RFA or reallocated for future use by Agency. Grantee will be notified in writing, within thirty (30) days of completion of review (email acceptable), which will outline the remaining Grant funds available to Grantee. Additional information about this process is as follows:
Performance Milestone. PAYMENTS Licensee shall pay to University the following amounts upon the occurrence of the corresponding milestone: (a) Upon , Licensee shall pay to University $ ; (b) Upon , Licensee shall pay to University $ ; and (c) Upon , Licensee shall pay to University $ . Not applicable/none required.
Performance Milestone. 1. Each of the undersigned hereby agrees that Performance Milestone 1 was satisfied as of August 19, 2019.
Performance Milestone. (i) No default or Event of Default shall have occurred and be continuing, and (ii) Borrower shall have received positive data for both ARX-04 phase 3 studies (i.e., SAP302 and SAP303) on or prior to September 30, 2016 (it being understood and agreed by Borrower and Lender that the condition precedent set forth in this Section 5.1(ii) has been satisfied).
Performance Milestone. Company will, directly or through its Subsidiaries or Sublicensees, use its commercially reasonable efforts, consistent with sound and reasonable business practices and judgment, to commercialize the Licensed Rights and to make and sell Licensed Products as soon as practicable and to maximize sales thereof. Company shall perform, or shall cause to happen or be performed, the Performance Milestone in accordance with the Performance Milestone Date.
Performance Milestone. (Section 5.1 “Performance Milestone”): Subject to any extension pursuant to Section 5.2 “Renegotiation of Performance Milestone” of the Agreement, and Company’s right to renegotiation of Performance Milestone and/or Performance Milestone Date, Company will perform, or shall cause to happen or be performed, the following Performance Milestone: Icosavax Inc. / University of Washington Non-Exclusive License Agreement UW CoMotion Ref. [***] Page 24 of 33 |US-DOCS\130755718.2||
Performance Milestone. On or before September 1, 2013, Borrower shall have enrolled at least one patient in Borrower's bladder cancer clinical trial. In addition to the foregoing covenants, Bank shall in the future set milestone covenants based upon Borrower's Board-approved annual budget and product timeline, which shall be provided to Bank pursuant to Section 6.2(iii) herein, and incorporated into this Agreement through a written amendment, which Bank and Borrower hereby agree to execute promptly.”
Performance Milestone. In addition to the amounts to be paid by ECR to NovaDel pursuant to Sections 4.2, 4.3 and 4.4, in the event that Net Sales in any *** equal or exceed $***, ECR shall make a one-time milestone payment to NovaDel in the amount of $***. Such amount shall be payable within *** after the date on which such Net Sales threshold is reached. For the avoidance of doubt, the milestone payment pursuant to this Section 4.5 shall be payable only once upon the first achievement of such Net Sales threshold regardless of the number of *** in which such Net Sales threshold may be reached.
Performance Milestone. Hyseq will pay to Aurora (i) a one-time, non-creditable, non-refundable milestone payment of [***] within [***] after Aurora completes screening of the first [***] OSPs using [***] approaches thus demonstrating the feasibility of such approach (ii) a one-time, non-creditable, non-refundable milestone payment of [***] within [***] after Aurora completes screening of [***] OSPs provided by Hyseq to Aurora under the Collaboration. 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 24b-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
