Collaboration Budget definition

Collaboration Budget has the meaning set forth in Section 3.1.6.(a)(i).

Collaboration Budget means the budget prepared jointly by the Parties to reflect the costs of the Translate Bio Collaboration Activities set forth in the Collaboration Plan, which shall consist of (a) FTE Costs to be reimbursed by Sanofi in accordance with Section 7.1 (Collaboration Funding), (b) Out-Of-Pocket Costs, and (c) Manufacturing Costs incurred by Translate Bio for the Translate Bio Collaboration Activities, which shall be funded by Sanofi in accordance with Section 7.1 (Collaboration Funding). An initial Collaboration Budget is attached hereto as Schedule 1.11 (Collaboration Budget). The Parties shall update the Collaboration Budget annually in accordance with Section 3.1.2. Notwithstanding the foregoing, the Parties agree that the Collaboration Budget for the Licensed Field of SARS-CoV-2 shall reflect the costs of the Translate Bio Collaboration Activities directed to SARS-CoV-2 set forth in the Collaboration Plan and the Sanofi Collaboration Activities directed to SARS-CoV-2 set forth in the Collaboration Plan, including each Party’s FTE Costs and Out-Of-Pocket Costs.

Collaboration Budget has the meaning set forth in the Financial Exhibit.

Examples of Collaboration Budget in a sentence

• AGM shall be convened through VC/OAVM in compliance with applicable provisions of the Act, 2013 read with MCA Circulars.

• In the event that the Collaboration Costs exceed the Collaboration Budget or the Lead Council incurs a Liability as a result of its role as Lead Council then the Lead Council will invoice the Collaborating Councils the following January or as and when necessary.

• The Total Industry–Academia Collaboration Budget Award comprises one Distinguished Award, one Excellence Award, and one Merit Award, each of which is proportional to the grants received by industry–academia collaborative research projects; each award winner will receive a certificate of merit.

• Reverant Lorenzo Lorraine Langstroth (1810-1895) (Bee Hive) The ISI Newton frame hive Modern Bee hive  Following types of hives are in use1.

• Each Collaborating Council hereby agree that in addition to the payment of the relevant percentage of the agreed Collaboration Budget (as varied from time to time) they will pay the same percentage of any Collaboration costs beyond the Collaboration Budget set out in Schedule 3 (as varied by agreement).

More Definitions of Collaboration Budget

Collaboration Budget shall include all revenues and the expenses as further defined herein incurred by Biogen Idec and Portola necessary to support the research, development, and commercialization of the Product. The Collaboration Budget shall include [*].

Collaboration Budget means the budget prepared jointly by the Parties to reflect the costs of the Translate Bio Collaboration Activities set forth in the Collaboration Plan, which shall consist of (a) FTE Costs to be reimbursed by Sanofi in accordance with Section 7.1 (Collaboration Funding), (b) Out-Of-Pocket Costs, and (c) Manufacturing Costs incurred by Translate Bio for the Translate Bio Collaboration Activities, which shall be funded by Sanofi in accordance with Section 7.1 (Collaboration Funding). An initial Collaboration Budget is attached hereto as Schedule 1.11 (Collaboration Budget). The Parties shall update the Collaboration Budget annually in accordance with Section 3.1.2.

Collaboration Budget has the meaning set forth in Section 2.10 (Joint Steering Committee).

Collaboration Budget means a written budget prepared by the Parties and approved by the JDC or JCC, as applicable, in accordance with Section 2 of this Exhibit E, and shall include, with respect to each Co-Developed Product, all revenues and the expenses as further defined herein incurred by Biogen Idec and Proteostasis necessary to support the co-Development and co-Commercialization of such Co-Developed Product. The Collaboration Budget shall include [***]. The Collaboration Budgets and updates shall constitute the budget of the Co-Development Plan as discussed in Section 5.2(c) of this Agreement or the budget of the Co-Commercialization Plan as discussed in Section 5.5(c) of this Agreement.

Collaboration Budget shall have the meaning set forth in Section 5.5(a)(ii).

Collaboration Budget means the budget for conducting the corresponding Collaboration Plan as agreed by the Parties and approved by the applicable JDC and the JSC, as updated from time to time.

Collaboration Budget shall have the meaning set forth in Section 7.1 of this Agreement.