Direct Development Cost definition

Direct Development Cost means (a) costs directly attributable to an activity (i.e., those costs which vary with such activity), including, but not limited to, direct labor and benefit expenses for such activity and consumable bulk and other materials, as determined in accordance with United States generally accepted cost accounting practices consistently applied, plus (b) fixed overhead costs allocable to the activity, including, but not limited to, direct benefit and labor expenses for technical services and support services, depreciation, maintenance and repairs and insurance costs associated with such activity, as determined in accordance with United States generally accepted cost accounting practices consistently applied. In no event shall any costs included in Direct Manufacturing Costs be included in Direct Development Costs.
Direct Development Cost means (i) actual Third Party charges and fees paid by ViaCell [**], (ii) ViaCell's labor cost directly [**], and (iii) ViaCell's labor cost and actual Third Party charges and fees paid by ViaCell [**]. All ViaCell labor costs included under "Direct Development Cost" shall be charged at [**].
Direct Development Cost means [**].

Examples of Direct Development Cost in a sentence

  • To the extent that IMPAX undertakes any additional development work which is not required for FDA approval of a Product, at WCH's written request, to support Regulatory Approval in the Territory outside the United States, WCH shall reimburse IMPAX for the Direct Development Cost thereof.

  • To the extent that IMPAX undertakes any additional development work which is not required for FDA approval of a Product, at WCH’s written request, to support Regulatory Approval in the Territory outside the United States, WCH shall reimburse IMPAX for the Direct Development Cost thereof.

  • MTPC and its Affiliates and Sublicensees on one hand, and ADCT and its Affiliates on the other hand, will maintain complete and accurate records in sufficient detail to permit the other Party to, or have an independent certified public accountant selected by the other Party to, confirm the accuracy of the calculation of royalty, Direct Development Cost, Manufacturing Cost and other payments under this Agreement.

  • Sobi and its Affiliates and Sublicensees on one hand, and ADCT and its Affiliates on the other hand, will maintain complete and accurate records in sufficient detail to permit the other Party to, or have an independent certified public accountant selected by the other Party to, confirm the accuracy of the calculation of any royalty, Direct Development Cost, Manufacturing Cost or other payments under this Agreement.

  • If, pursuant to Section 7.6.1 above, MI assumes the responsibility of filing, prosecuting and maintaining a patent application, all costs and fees associated with such filings made by MI shall be considered to be a VSC Direct Development Cost to the Company.


More Definitions of Direct Development Cost

Direct Development Cost means (i) actual Third Party charges and fees paid by ViaCell for the performance of clinical development of Cell Therapy Products, which become Collaboration Products upon Amgen exercising its Option, (ii) ViaCell's labor cost directly related to clinical development of Cell Therapy Products, which become Collaboration Products upon Amgen exercising its Option, and (iii) ViaCell's labor cost and actual Third Party charges and fees paid by ViaCell for the manufacture of Cell Therapy Products, which become Collaboration Products upon Amgen exercising its Option [**]. All ViaCell labor costs included under "Direct Development Cost" shall be charged at [**].