Commercialization Fee definition

Commercialization Fee. Corresponds to the sum of two U. S. dollars per barrel (USD $ / Bl 2,00).
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Commercialization Fee has the meaning set forth in Section 9.1 of this Agreement.
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Commercialization Fee shall have the meaning ascribed thereto in Section 7.2.
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Examples of Commercialization Fee in a sentence

  • Without limiting the generality of the foregoing, promptly following receipt of written notice thereof, Calyxt shall reimburse Cellectis for any and all payments made by Cellectis to the University of Minnesota pursuant to Sections 11.6.4 (Milestone Payments), 11.11 (Annual Fee), and 11.12 (Commercialization Fee) of the UMinn License, but solely to the extent that any such payments are required as a result of the applicable activities of Calyxt hereunder or thereunder.

  • Xxxxx – San Mxxxxx (OSO) 2,4191 2 % 0,0484 La Ye – Orito (OMO) 0,5539 2 % 0,0111 Total Tax 2,9730 2 % 0,0595 Commercialization Fee: Corresponds to the sum of two U.S. dollars per barrel (USD $ / Bl 2,00).

  • Without limiting the generality of the foregoing, promptly following receipt of written notice thereof, Calyxt shall reimburse Cellectis for any and all payments required to be made by Cellectis to the University of Minnesota pursuant to Sections 11.6.4 (Milestone Payments), 11.11 (Annual Fee), and 11.12 (Commercialization Fee) of the UMinn License, but solely to the extent that any such payments are required as a result of the applicable activities of Calyxt hereunder or thereunder.

  • Moreover, in the event any such Legacy Agreement results in the first commercialization in the Consumer Market by Scotts of an herbicide or insecticide as contemplated under Section 2.4(d) hereof, Scotts shall be obligated to pay MBI the Commercialization Fee Payment, notwithstanding the early termination or expiration of the Exclusivity Period and Exclusivity Grant.

  • To the extent any measuring period is less than a [****], the Commercialization Fee shall be based on the [****].

  • On a Calendar Quarterly basis, each of the Commercialization Fee, the Incentive Fee, and Royalty Payment will be subject to a true-up adjustment to take into account Sales Deductions either (a) allowed with respect to a Calendar Quarter that were not accrued during such Calendar Quarter, or (b) accrued during a Calendar Quarter but not taken or later subject to a reversal following the end of such Calendar Quarter (each of (a) and (b), a “True-up Adjustment”).

  • Stretch MME Fee USD $ / Bl % Transport tax Transport tax USD $ / Xx Xxxxx – San Xxxxxx (OSO) 2,4191 2 % 0,0484 La Ye – Orito (OMO) 0,5539 2 % 0,0111 Total Tax 2,9730 2 % 0,0595 Commercialization Fee: Corresponds to the sum of two U.S. dollars per barrel (USD $ / Bl 2,00).

  • Thereafter, the Incentive Fee for the applicable month shall be retained by EPI Health from the Royalty 34 Payment, along with any accrued but unpaid Incentive Fees; provided that, the Incentive Fee shall accrue but shall only be retained by EPI Health to the extent that the amount of Unreimbursed Cumulative MC2 IC is less than the remainder of Net Sales minus the Commercialization Fee in such month.

  • For crude oil exported through Ecuador: Crude oil Price = Marker – Transportation (Delivery Site/ Loading Port) – Transportation tax – Commercialization Fee Below is the definition of each one of the foregoing terms: Marker: Corresponds to the actual weighed average price in USD $ / Bl of the exports made by THE BUYER of crude oil exported in the month of the deliveries or in which the crude oil shipped by THE BUYER through the respective port associated to the deliveries is included.

  • In consideration of and subject to Leprino’s payment of the Commercialization Fee and Royalties, Dyadic shall gxxxx Xxxxxxx a [***] license to utilize the [***] developed during the research and development Phases of the Project solely for purposes of producing the [***] for inclusion in [***].

Related to Commercialization Fee

  • Commercialization Costs means the out-of-pocket costs and expenses incurred by Adapt or its Affiliates directly attributable to, or reasonably allocable to, the Commercialization of a Product. Commercialization Costs for a Product shall include, preparation of promotional, advertising, communication, medical, and educational materials relating to the Product and other Product literature and selling materials, activities directed to marketing of the Product, including purchase of market data, development and conduct of market research, advertising, public relations, public affairs and other communications with Third Parties regarding the Product; development and conduct of sales force training (including materials, programs and travel to and attendance at training programs) for medical representatives responsible for promoting the Product; and development and maintenance of sales bulletins, call reporting and other monitoring/tracking, sales force targeting, validation and alignment programs and documentation.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • Commercialization or “Commercialize” means activities directed to marketing, promoting, research and development as required, manufacturing for sale, offering for sale, distributing, importing or selling a product, including sub-licensing or sub-contracting of these activities.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Commercialization Plan has the meaning set forth in Section 6.2.

  • Licensed Program means the executable processing programs of licensed information, which is composed of various modules in the Licensed Software package provided by the Licensor.

  • Development Activities means those activities which are normally undertaken for the development, construction, repair, renovation, rehabilitation or conversion of buildings for residential purposes, including the acquisition of property;

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Development Plan has the meaning set forth in Section 3.2.

  • Development Program means the implementation of the development plan.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Research Program Term has the meaning set forth in Section 2.2.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Development Activity means any activity defined as Development which will necessitate a Floodplain Development Permit. This includes buildings, structures, and non-structural items, including (but not limited to) fill, bulkheads, piers, pools, docks, landings, ramps, and erosion control/stabilization measures.

  • Development Data means all non-clinical, clinical, technical, chemical, safety, and scientific data and information and other results, including relevant laboratory notebook information, screening data, and synthesis schemes, including descriptions in any form, data and other information, in each case, that is generated by or resulting from or in connection with the conduct of Development of Products.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Research Program has the meaning set forth in Section 3.1.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Commercializing means to engage in Commercialization and “Commercialized” has a corresponding meaning.

  • Licensed Product means a product or part of a product in the Licensed Field of Use: (A) the making, using, importing or selling of which, absent this license, infringes, induces infringement, or contributes to infringement of a Licensed Patent; or (B) which is made with, uses or incorporates any Technology.

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • Development Phase means the period before a vehicle type is type approved.

  • Licensed Programs means, collectively, NeoSystems’ and any Third Party Vendor computer software programs to be provided to Client for use on certain hardware on Client’s premises or a third party’s premises as set forth in an Agreement. The Licensed Programs shall include any fixes, work-arounds, updates, revisions, modifications, enhancements and any derivative works that are provided to Client by NeoSystems under an Agreement.