Commercial Milestone Payment definition

Commercial Milestone Payment has the meaning set forth in Section 8.3.
Commercial Milestone Payment has the meaning set forth in Section 4.3(a).
Commercial Milestone Payment shall have the meaning set forth in Section 6.3.

Examples of Commercial Milestone Payment in a sentence

  • Each Commercial Milestone Payment will be paid only once for each of the above, regardless of how many times such Commercial Milestone Event is achieved.

  • Yarrow will pay GenSci the applicable Commercial Milestone Payment within [***] after receipt of each Commercial Milestone Event invoice.


More Definitions of Commercial Milestone Payment

Commercial Milestone Payment has the meaning set forth in Section 9.5 (Commercial Milestones).
Commercial Milestone Payment has the meaning set forth in Section 10.4(a).
Commercial Milestone Payment has the meaning given to such term in the PadCo-Protiva License and Services Agreement.
Commercial Milestone Payment has the meaning set out in Paragraph 2.4;
Commercial Milestone Payment means the payments to be made on the Commercial Milestone Events and as set out in Clause 13.5.1; Commercially Reasonable Efforts means, on a Party-by-Party basis, that level of efforts and resources required to carry out a particular task or obligation in an active and sustained manner, consistent with the general practice followed by the Party required to use such efforts in the exercise of its reasonable business discretion relating to other pharmaceutical products owned by it, or to which it has exclusive rights, which are of similar market potential at a similar stage in their development or product life, taking into account issues of patent coverage, safety and efficacy, product profile, the competitiveness of products in development and in the marketplace, supply chain management considerations, the proprietary position of the compound or product, the regulatory structure involved, the profitability of the applicable products (including pricing and reimbursement status achieved), and other relevant factors, including technical, legal, scientific and/or medical factors;
Commercial Milestone Payment means a payment required under the provisions of Section 8.5 hereof.
Commercial Milestone Payment is defined in Section 6.3.