Development Cost Share definition

Development Cost Share means with respect to each Participant, the percentage of Development Costs payable by the Participant during the Development Period, determined by dividing the Participant’s Development Share by the sum of the Development Shares of all Participants. The Participant’s initial Development Cost Share will be set forth on SCHEDULE D.
Development Cost Share shall have the meaning set forth in Section 1.1.2 of Exhibit J-1.
Development Cost Share means [***] of the sum of the Direct Costs (a) incurred by GCC in relation to Preclinical Studies and the Korean Phase 1a/1b Trial, with no additional mark-up or margin by GCC, and (b) incurred by Artiva in relation to preclinical or clinical studies or activities in order to file a U.S. IND with no additional mark-up or margin by Artiva.

Examples of Development Cost Share in a sentence

  • The Party that incurs less than its share of the total actual Global Development Costs shall pay to the other Party a payment amount calculated so that each of the Parties bears its Development Cost Share after giving effect to such payment for such Calendar Quarter.

  • A Participant’s Development Cost Share shall not exceed [ ]1 percent, unless otherwise approved by the Project Management Committee.

  • Such Development costs incurred in accordance with this Section 2.3.6 in connection with the Celgene Co-Co Development Budget shall be included as a Worldwide Development Cost and be subject to the Development Cost Share in accordance with Schedule 2.3.4.

  • Any costs associated with Manufacturing (including Manufacturing Transition Costs), excluding Manufacture of Co-Co Products and Co-Co Diagnostic Products for sale for which such costs are included as “cost of goods sold” in the Profit & Loss Share, will be included in the calculation of Worldwide Development Costs, and shared by the Parties in accordance with the Development Cost Share.

  • During each Calendar Quarter during the Term, the Parties will share all Eligible Development Expenses at a ratio of 50:50 (ALJ:Evelo) (the “Eligible Development Cost Share Ratio”) in accordance with the procedures set forth in this Section 4.4 (Development Costs).

  • Each Party shall calculate and maintain records of Development Costs incurred by such Party for any activities that are subject to the Development Cost Share CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”.

  • In relation to shift assignments, the senior employee will be given preference when all other factors are relatively equal.

  • In the event that Development Costs are not refinanced by the issuance of long-term Bonds, the Participant shall pay its Development Cost Share of the amount necessary to repay the financed Development Costs.

  • As of May 31, 2022, the Company had a net receivable balance of $314,162 from its affiliate that was recorded within Receivables from affiliates, net in the Statement of Financial Condition.

  • Logan City, Utah By: Its Mayor [Seal] Attest and Countersign By: Title: City Recorder Utah Associated Municipal Power Systems By: Chairman [Seal] Attest and Countersign By: Assistant Secretary Schedule of Participants, Development Shares and Development Cost Shares Participant Development Share (kW) Development Cost Share (%)* Total 100.0000% * Column may not total due to rounding.


More Definitions of Development Cost Share

Development Cost Share means, with respect to each Participant and as of any date of determination, the percentage of Development Costs payable by the Participant during the Licensing Period, determined by dividing the Participant’s Entitlement Share (expressed as a decimal) by the sum (expressed as a decimal) of the Entitlement Shares of all Participants, including the Participant whose Development Cost Share is being determined. The Participant’s initial Development Cost Share is set forth on SCHEDULE I, and shall be adjusted from time to time to account for (i) increases or reductions in the Participant’s Entitlement Share elected by the Participant, (ii) increases or reductions in the Entitlement Shares of, and as elected by, other Participants, (iii) withdrawals by other Participants pursuant to Section 204 of the Power Sales Contracts, (iv) the Entitlement Shares of power purchasers that execute Power Sales Contracts and become Participants after the Effective Date of this Contract, and (v) transfers of Entitlement Shares pursuant to Section 1003.
Development Cost Share shall have the meaning set forth in Section 4.5.

Related to Development Cost Share

  • 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:

  • Cost Share means the member’s financial obligation for a covered Service. Depending on the plan type, Cost Share may include one or more of the following: deductible, Copay, Access Fee, and Coinsurance.

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.