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.
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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 [**].
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Direct Development Cost means, with respect to any Development activities [**] conducted during the Term, (a) [**], and (b) [**].
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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.

  • 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.

  • 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.


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 [**].
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Related to Direct Development Cost

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • 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:

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • 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.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Project Developer means Bidding Company or a Bidding Consortium submitting the Bid. Any reference to the Bidder includes Bidding Company / Bidding Consortium/ Consortium, Member of a Bidding Consortium including its successors, executors and permitted assigns and Lead Member of the Bidding Consortium jointly and severally, as the context may require”;

  • Cluster development means a contiguous cluster or

  • FTE Cost means, for any period, the FTE Rate multiplied by the number of FTEs in such period.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • sustainable development means development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs;

  • Projects means the projects identified in Exhibit A to the Agreement and all other projects, any costs of which are included in a Transitional Capital Plan pursuant to the Act or are Recovery Costs, and financed, by payment or reimbursement, with the proceeds of Bonds or Notes.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Project means the goods or Services described in the Signature Document or a Work Order of this Contract.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • Development Project means a project for the development of land within a project area.

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Minimum Improvements means the acquisition of land and construction of a 152-unit market rate residential apartment building, construction of a stormwater pond and related improvements. The Minimum Improvements are more fully depicted in Exhibit B, which is attached hereto and incorporated herein.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Public improvement costs means the costs of:

  • Development Work means any work carried out in relation to the physical construction of a mine;