Event Milestone definition

Event Milestone shall have the meaning set forth in Section 5.2(a).
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Event Milestone has the meaning set forth in Section 4.2.
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Event Milestone shall have the meaning assigned to it in Section 9.2(a).
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Examples of Event Milestone in a sentence

  • If the first Event Milestone Payment payable under Section 7.4 in respect of any Additional Target is payable before the amount payable under this Section 7.3 in respect of such Additional Target is payable, such amount payable under this Section 7.3 shall be paid at the same time as such Event Milestone Payment is payable.

  • Milestone Event Milestone Amount ( CHF) CONFIDENTIAL TREATMENT REQUESTED UNDER RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED.

  • In SCA, both interface and binding definitions can be considered as metadata that decorates the definition of a port.

  • Milestone Event Milestone Fee If one or more milestone events set out above are skipped for any reason, the payment for such skipped milestone event(s) will be due at the same time as the payment for the next achieved milestone event.

  • For the avoidance of doubt, the Milestone Ceiling amount is exclusive of (i) the Event Milestone Payments set forth in Sections 5.1(a), (b) and (c) (ii) the Research Milestone Payments set forth in Section 5.1 (e) and (iii) the Commercial Milestone Payment (as defined in Section 5.2 below).

  • Following the payment by PFIZER to XXXXX of Regulatory Event Milestone Payments for all ProMune Products that, in the aggregate, equal the Milestone Ceiling, PFIZER shall have no further payment obligations to XXXXX under Section 5.1(d).

  • In addition to the Event Milestone Payments for the Product, in consideration of the rights granted hereunder, and subject to the terms and conditions of this Agreement, PFIZER shall pay to PSIVIDA the following one-time payments within forty-five (45) days * Confidential information has been omitted and filed separately with the Securities and Exchange Commission pursuant to a confidential treatment request.

  • PFIZER shall pay to XXXXX the applicable Regulatory Event Milestone Payments on or prior to the twentieth (20th) Business Day following the occurrence of the applicable Regulatory Event and will identify whether the ProMune Product for which the Regulatory Milestone Event Payment is due is a Product, Combination Product or Vaccine Product.

  • Dermelix will deliver written notice to Exicure within thirty (30) days after the end of the Calendar Year in which a Commercial Event Milestone occurs.

  • Milestone Event Milestone Payment --------------- ----------------- ************* ************* ************* ************* ************* ************* Notwithstanding the foregoing, a Milestone Payment shall only be due and payable *************.


More Definitions of Event Milestone

Event Milestone within thirty (30) days after the occurrence of such Event Milestone with respect to a Licensed Product *: Commencement of * * Successful Resolution of * * Commencement of * * Commencement of * * Acceptance for * * Acceptance for * * Acceptance for * * Acceptance for * * Acceptance for * * Acceptance for * * Launch of * * Launch of * * Launch of * * Launch of * * Launch of * * Launch of * * For purposes of this Section 5.3(a), “Successful Resolution of *” means *. Each Event Milestone Payment in the table above in this Section 5.3(a) shall be payable one time only even if the corresponding Event Milestone occurs or is achieved with respect to more than one Licensed Product *. Each Event Milestone Payment in the table above in this Section 5.3(a) corresponding to an Event Milestone that is described as * shall be payable one time only even if the corresponding Event Milestone occurs or is achieved *. For the avoidance of doubt: (i) each Event Milestone Payment in the table above in this Section 5.3(a) shall be payable only on the first occurrence of the corresponding Event Milestone; (ii) none of the Event Milestone Payments in the table above in this Section 5.3(a) shall be payable more than once; (iii) should a Licensed Product *, as the case may be, be replaced or succeeded in development by another Licensed Product *, then no additional Event Milestone Payments shall be due for Event Milestones already met with respect to any Licensed Product *; and (iv) the reference to *within an Event Milestone means the first Licensed Product * to reach such Event Milestone. Each Event Milestone Payment in the table above in this Section 5.3(a) shall be irrevocable, non-refundable and, except as provided in Section 15.5, non-creditable toward any other payment due Celldex under this Agreement.
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Related to Event Milestone

  • Development Milestone is defined in Section 5.3.

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Milestone Event has the meaning set forth in Section 8.2.1.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Performance Milestone means an act or event specified in section 5.1 and described in section 9 of the EPLA.

  • Milestone Events has the meaning set forth in Section 7.2.

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Project Milestones means the project milestones set forth in Schedule-G;

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

  • Milestone Payment has the meaning set forth in Section 4.2.

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • Milestone Failure means a failure by the Grant Recipient fully to achieve any Milestone by the relevant Milestone Date;

  • Milestone Notice has the meaning set forth in Section 2.4(a).

  • Milestone Schedule means Seller’s milestone schedule, the form of which is attached to this Agreement as Exhibit Q.

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Additional Accelerated Purchase Minimum Price Threshold means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, any minimum per share price threshold set forth in the applicable Additional Accelerated Purchase Notice.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Default under Specified Transaction provisions of Section 5(a)(v) will not apply to Party A and will not apply to Party B.

  • Notice-triggering PI means the PI identified in CCC § 1798.29(e) whose 25 unauthorized access may trigger notification requirements under CCC § 1709.29. For purposes of this 26 provision, identity shall include, but not be limited to, name, identifying number, symbol, or other 27 identifying particular assigned to the individual, such as a finger or voice print, a photograph or a 28 biometric identifier. Notice-triggering PI includes PI in electronic, paper or any other medium.

  • Potential Amortization Event means any occurrence or event which, with the giving of notice, the passage of time or both, would constitute an Amortization Event.

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.