Commercial Grant definition

Commercial Grant means a grant by a Selling Party of a license or sublicense of the Merck Technology or Moderna Technology to a Third Party to Commercialize (which may also include Manufacture and Development to support any such Commercialization) any one or more Collaboration Products or Financial PCVs or Financial SAVs within one or more countries.
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Commercial Grant means Two Hundred Forty Thousand Seven Hundred Eighty-Two and 46/100 Dollars ($240,782.46) provided by the Corporation to Fuzic for tenant improvements constructed within the Leased Premises pursuant to Section V(A) of this Agreement.
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Examples of Commercial Grant in a sentence

  • In connection with this Amendment No. 1 to the Annual Report of Gallery Management Holding Corp.

  • Code §36 7-14-12.2(a)(25) and upon receipt of invoices, receipts and/or other documentation demonstrating that the Commercial Grant was used or is in the process of being used (if the City is directly paying a vendor or another entity) for Approved Expenses, the FRC and the Corporation shall provide thyssenkrupp, its vendor or another designated entity the Commercial Grant by or before the Relocation Date, which Commercial Grant shall be exclusively applied to the cost of Approved Expenses.

  • Fuzic hereby acknowledges and agrees that the Commercial Grant may only be used for Approved Costs.

  • By or before the Relocation Date (i) use the Commercial Grant for Approved Expenses; and (ii) submit invoices and/or proof of payment, including receipts and any additional documentation reasonably requested by the City evidencing that the Commercial Grant was used for the Approved Expenses.

  • If Fuzic fails to relocate at least twenty (20) FTEs to the Leased Premises by or before March 31, 2018, (a) Fuzic shall reimburse the Corporation any portion of the Commercial Grant provided by the Corporation to Fuzic (the “Reimbursement Amount”); and (b) the Corporation shall not be obligated to issue Fuzic any additional portion(s) of the Commercial Grant.

  • Commissioner Kent Wilson explained that the County made application with the State of Utah for a Cottage Commercial Grant Project and that award was accepted in a previous meeting.

  • All expenditure undertaken as part of the Commercial Grant MUST be paid for by cheque or bank transfer so that a clear evidence trail can be demonstrated.

  • The Corporation shall, beginning on the Lease Signing Date, make available the Commercial Grant to Fuzic pursuant to the procedure set forth in this Section V(A).

  • Commissioner Kent Wilson made a motion to continue on this path with the Business Chamber by approving Emery County’s involvement in the Cottage Commercial Grant Project.

  • For purposes of qualifying Performance Share Units as "performance-based compensation" under Section 162(m) of the Code, the Committee may set performance conditions based upon the achievement of Performance Goals.

Related to Commercial Grant

  • Initial Grant means an Option granted to a Non-Employee Director who meets the specified criteria pursuant to Section 6(a).

  • Annual Grant means an Option granted annually to all Non-Employee Directors who meet the criteria specified in subsection 6(b) of the Plan.

  • Capital Grant means grant paid to the Academy Trust in respect of Capital Expenditure.

  • Grant Date means the date on which the Committee adopts a resolution, or takes other appropriate action, expressly granting an Award to a Participant that specifies the key terms and conditions of the Award or, if a later date is set forth in such resolution, then such date as is set forth in such resolution.

  • Option Grant Date means, as to any Stock Option, the latest of:

  • Grant Agreement/Grant Number means Grant Number [Grant Agreement Number] awarded to Grantee.

  • Date of Grant means the date on which the granting of an Award is authorized, or such other date as may be specified in such authorization.

  • Sub-grant means a grant made or proposed to be made by the Recipient to a Beneficiary out of the proceeds of the Financing for the purpose of financing a Subproject; and “Sub-grants” means more than one such Sub-grant.

  • Free-Standing Appreciation Right means an Appreciation Right granted pursuant to Section 5 of this Plan that is not granted in tandem with an Option Right.

  • Date of Option Grant means __________________.

  • Performance Grant means an Award subject, in part, to the terms, conditions and restrictions described in Section 9, pursuant to which the recipient may become entitled to receive cash, Class A Shares, Other Real Goods Securities or property, or other forms of payment, or any combination thereof, as determined by the Committee.

  • Stock Grant means the grant of shares of Stock not subject to restrictions or other forfeiture conditions.

  • Restricted Stock Grant means Shares awarded under the Plan as provided in Section 9.

  • Federal grant means an award of financial assistance in the form of money, or property in lieu of money, by the Federal Government or a direct appropriation made by law to any per- son. The term does not include tech- nical assistance which provides serv- ices instead of money, or other assist- ance in the form of revenue sharing, loans, loan guarantees, loan insurance, interest subsidies, insurance, or direct United States cash assistance to an in- dividual.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;

  • Director Option means an Option granted pursuant to Section 6.

  • Grant Number CA0244L9T101912 Tax ID Number: 00-0000000 DUNS Number: 149816360

  • Grant program means the primary care and psychiatry shortage grant program under this section.

  • Performance Stock Unit means a right granted to a Participant pursuant to Section 8.2, to receive Stock, the payment of which is contingent upon achieving certain Performance Goals or other performance-based targets established by the Committee.

  • Notice of Stock Option Grant means the document so entitled to which this Agreement is attached.

  • Stock Grant Agreement means the agreement between the Company and a Grantee who is awarded Shares under the Plan that contains the terms, conditions and restrictions pertaining to the award of such Shares.

  • Award Date means the date upon which the Committee took the action granting an Award or such later date as the Committee designates as the Award Date at the time of the Award.

  • Restricted Stock Unit Award Agreement means a written agreement between the Company and a holder of a Restricted Stock Unit Award evidencing the terms and conditions of a Restricted Stock Unit Award grant. Each Restricted Stock Unit Award Agreement will be subject to the terms and conditions of the Plan.

  • Restricted Stock Unit means a bookkeeping entry representing an amount equal to the Fair Market Value of one Share, granted pursuant to Section 8. Each Restricted Stock Unit represents an unfunded and unsecured obligation of the Company.

  • Annual Award means the cash payment paid or payable to the Executive with respect to a fiscal year under the Corporation's Incentive Compensation Performance Plan.

  • Date of Award means the date this Contract is fully executed.