Commercial Milestone Event definition

Commercial Milestone Event has the meaning set forth in Section 8.3.

Commercial Milestone Event has the meaning set forth in Section 10.4(a).

Commercial Milestone Event has the meaning set forth in Section 4.2.2 (Commercial Milestones).

Examples of Commercial Milestone Event in a sentence

ELUMINEX shall provide notice to FIBROGEN within [*] during which a Commercial Milestone Event is achieved.
So, for example, if a Product is only approved for an Orphan Indication and achieves Calendar Year Net Sales of [***] (and no other Product Directed To the same Project Target has achieved Calendar Year Net Sales of [***]) then the first Commercial Milestone Event will be deemed achieved by such Product.
However, if, prior to achieving the next Commercial Milestone Event, such Product is subsequently approved for an indication that is not an Orphan Indication then it will not be deemed to have achieved the next Commercial Milestone Event until it has Calendar Year Net Sales of at least [***].
Lilly shall provide Zymeworks with notice of the achievement of each Development Milestone Event and Commercial Milestone Event within […***…] days thereafter and make the corresponding Milestone Payment within […***…] days after such achievement.
Within [*] following ELUMINEX’s receipt of such invoice, ELUMINEX shall pay such Commercial Milestone Payment to FIBROGEN in accordance with Section 3.6.1. For clarity, each Commercial Milestone Payment shall be payable by ELUMINEX only once, regardless of the number of times each such Commercial Milestone Event is achieved, and Net Sales of any Product outside its Royalty Term shall not count towards the [*] for determining Commercial Milestone Events.

Commercial Milestone Event shall have the meaning set forth in Section 6.4.

Commercial Milestone Event has the meaning set forth in Section ‎6.4.

Commercial Milestone Event has the meaning set out in Paragraph 2.4;

Commercial Milestone Event has the meaning set forth in Clause 5.3 (Commercial Milestones). Commercially Reasonable Efforts means, with respect to the performance of Development, Manufacturing, and Commercialization activities with respect to the Licensed Compound or a Licensed Product by Licensee, the carrying out of such activities using efforts and resources comparable to the efforts and resources commonly used in the biopharmaceutical industry by companies with resources and expertise comparable to those of Parent for internally-developed compounds or products of similar market potential at a similar stage in development or product life. Confidential Information has the meaning set forth in Clause 7.1 (Confidentiality Obligations).

Commercial Milestone Event shall have the meaning set forth in Section 3.2(a).

Commercial Milestone Event means a commercial collaboration or licensing Contract that is entered into by the

Commercial Milestone Event means each event described in Section 9.2(d).