Final Milestone Payment definition

Final Milestone Payment has the meaning contained in Section 4.2.
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Final Milestone Payment has the meaning ascribed to this terms in Article 3.2(a). "Financial Year" means the calendar year (1 of January-31 of December). "First Payment Date" means the Payment Date falling during the first Financial Year starting after Commercialization. "First Tranche" means the first tranche made or to be made available to the Company by the Bank pursuant to the Finance Contract. "Group" means the Group Companies, taken together as a whole. "Group Company" means the Company and its Subsidiaries. "Intellectual Property Rights" means intellectual property of every designation relating to NBTXR3 including therapeutic area, including immunology-oncology (including, without limitation, patents, utility patents, copyrights, design rights, trademarks, service marks and know how) whether capable of registration or not. "Independent Expert" means an internationally recognised independent expert to be appointed in accordance with Article 2.2. "Long Stop Date" means the date falling on 30 June 2029, irrespective of the Commercialization date. "Maturity Date" means:
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Final Milestone Payment means the Milestone Payment relating to the Final Milestone.
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Examples of Final Milestone Payment in a sentence

  • Upon the occurrence of the relevant events specified below with respect to each Product, Molecular Insight shall pay to Schering the following amounts: Milestone Amount --------- ------ Commencement of Phase II Clinical Trial USD ** Commencement of Phase III Clinical Trial USD ** Receipt of first Drug Approval for marketing of a Product from FDA or FDA Equivalent (the "Final Milestone Payment") USD ** A Clinical Trial will be deemed to have commenced upon the dosing of the first patient.

  • The Final Milestone Payment is payable in ** installments: The first installment in the amount of ** US dollars (USD ** ) shall be paid promptly after the first Drug Approval of a Product.

  • The linear foot cost for preparing and installing the geopolymer lining system to the extent shown on the project plans.

  • Pursuant to the original statement of ---------------------------------- work set forth as Exhibit C to the Agreement, SDTI agreed to pay VeriSign an amount equal to Three Hundred Sixty Thousand Dollars ($360,000) (the "Final Milestone Payment") upon completion of the final milestone of work due from VeriSign.

  • As a result of reprioritization of work that SDTI has requested that VeriSign complete, SDTI agrees to pay VeriSign the Final Milestone Payment upon occurrence of Release 1 as set forth in the revised Statement of Work attached hereto as Exhibit C.

  • This incentive shall be assessed for safety and spills specified for once each Calendar Quarter in the Approved Final Milestone Payment Schedule.


More Definitions of Final Milestone Payment

Final Milestone Payment has the meaning ascribed to this terms in Article 3.2(a).
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Final Milestone Payment. Pursuant to Section 4.5 of the License Agreement and Exhibit A thereto, we are making the Milestone Payment with respect to "First Commercial Sale" as 81 months have passed since the Effective Date, as defined therein. Simultaneously with your execution and delivery of this Letter Agreement, we shall deliver to you an aggregate of 169,735 shares (the "Shares") of Common Stock, $.001 par value, of Intrac, Inc. ("Intrac"), in the following names and amounts as full payment of such Milestone Payment: Holders No. of Shares ------- ------------- Stuart Weg 144,275 shs. Calgar Assocxxxxx 12,730 shs. Herbert Brotspies 12,730 shs.
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Related to Final Milestone Payment

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

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

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

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

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

  • 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).

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

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

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

  • Development Milestone is defined in Section 5.3.

  • 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;

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

  • 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.

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

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

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

  • 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.

  • Sublicense Revenue means [***].

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"