Cost Advance definition
Cost Advance shall have the meaning set forth in Section 5.2(b).
Cost Advance means an advance of moneys to the Indemnified Party of Costs before the final disposition of any Proceeding.
Cost Advance means, for each Qualified Property (i) during the Tier 1 Period, seventy percent (70%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent, (ii) during the Tier 2 Period, sixty-five percent (65%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent, and (iii) during the Tier 3 Period, sixty percent (60%) of the Acquisition Costs of such Qualified Property as reasonably determined by Administrative Agent.
Examples of Cost Advance in a sentence
Paragon’s request for the Cost Advance for an upcoming Calendar Quarter will be made by delivering an invoice to Damora prior to the start of such Calendar Quarter, and Damora will pay the Cost Advance within [***] after receipt of Paragon’s invoice.
For clarity, the Research Initiation Fee is nonrefundable, non-creditable, and separate from any Development Costs (including the Pre-Effective Date Development Costs) or Cost Advance paid or owing with respect to a particular Research Program.
For clarity, the CMC Fee is separate from any Development Costs or Cost Advance paid or owing with respect to a Research Program.
More Definitions of Cost Advance
Cost Advance has the meaning set out in the Purchase Agreement;
Cost Advance means a sum equal to Fifty Thousand Dollars ($50,000).