Eligible Development Costs definition
Examples of Eligible Development Costs in a sentence
In addition to the foregoing, during the [*] period immediately following the receipt by the Parties of executed reports covering all aspects of [*] on a Product, JT and Tularik shall negotiate in good faith the terms and conditions under which JT may [*] the Aggregate Commitment, and the definition of Eligible Development Costs, to include Development Costs to be incurred in [*].
The Aggregate Commitment shall be used by Tularik to finance the portion of Development Costs to be borne by Tularik for [*] (or equivalent) pursuant to this Agreement [*], commencing with the initiation of [*] (or equivalent)(the "Eligible Development Costs").
Subject to the provisions of Section 7.1(b) (Supplies of PM8002 Licensed Products for Global CDP and Joint CDP), BioNTech will be responsible for the Eligible Development Costs incurred by Biotheus in the performance of Joint CDP Activities allocated to Biotheus under the Joint CDP, unless agreed otherwise by the Parties.
Notwithstanding anything to the contrary contained herein, ▇▇▇▇▇▇▇▇’s reimbursement of the Eligible Development Costs shall not be deemed to be the Payments or subject to any deduction or withholding of Taxes.
At the request of the other Party, the Party making the apportionment shall provide reasonable additional supporting documentation and make its personnel reasonably available to answer any questions, and if the other Party disputes the apportionment, then the JSC shall review, discuss, and determine what percentage of the total costs in question can be included as Commercialization Costs, Eligible Development Costs, Cost of Sales, Eligible Medical Affairs Costs, or Other Operating Expenses, as applicable.
The costs of such Joint Trials will be borne by BioNTech in accordance with Section 5.3(d) (Eligible Development Costs for the Joint CDP).
Developer covenants and agrees that the proceeds of the Developer Incentive Payment made available to the Developer and deposited in the Construction Escrow Fund shall be used solely by Developer to pay the Eligible Development Costs.
Each such invoice shall be accompanied by reasonable supporting documentation with respect to the Eligible Development Costs included in such invoice.
All withdrawals from the Construction Escrow Fund shall be subject to approval by the City Comptroller or its designee, who shall approve withdrawals and the Developer shall be entitled to withdrawals from the Construction Escrow Fund if it demonstrates that (i) it is in full compliance with this Agreement and (ii) the sums requested will be used solely for TID 6 Eligible Development Costs set forth in Exhibit B.
BioNTech shall have no obligation to reimburse Biotheus for Eligible Development Costs incurred by Biotheus that are not included in the budget set out in the Joint CDP.