Fourth Milestone definition

Fourth Milestone has the meaning set forth in Section 1.3(a).

Fourth Milestone. Fifth Milestone", and "Sixth Milestone", respectively.

Fourth Milestone means the later to occur of: (i) the *** Successful implantation of a product within the PROW FUSION-V Product Family and (ii) the *** Successful implantation of a product within the PROW FUSION-L Product Family.

Examples of Fourth Milestone in a sentence

• The First Milestone and the Second Milestone are collectively the “Phase I Milestones.” The Third Milestone and the Fourth Milestone are collectively the “Phase II Milestones.” Each Milestone Fee is due and payable by the end of thirty (30) days of BAT’s or any BAT Affiliates achievement of the associated Milestone.

• With respect to each Milestone and until the occurrence of such Milestone, the Potential Partners shall cause each applicable JV Entity to maintain the records of its applicable JV Facility underlying its determination of, as applicable, [*****] (being the Second Milestone), [*****] (being the Third Milestone) and the [*****] (being the Fourth Milestone) (such records, as applicable to each such Milestone, “Applicable Milestone Records”).

• As used herein, the Fourth Milestone will be FDA approval of the Product for the SCI indication.

• In the event of payment in Parent Shares, Parent shall make available to the Representatives holding statements issued by the Parent’s share transfer agent representing the number of duly and validly authorized whole Parent Shares issuable in connection with the Fourth Milestone to be held for the benefit of holders of Company Common Stock, Preferred Stock and Senior Preferred Stock to be distributed in accordance with Section 2.01(c).

• September 30, 2022 $15,000 Fourth Milestone: Work with JCATS contractor to establish a secure connection with the data in order to build dashboards and other analytics.

More Definitions of Fourth Milestone

Fourth Milestone means the delivery to Parent or Surviving Corporation of FDA Approval for the Degradable Stent Product in the United States for coronary indications; provided that the manufacture, marketing and sale of such product by Parent or its Affiliates (excluding the Surviving Corporation) would infringe a valid and enforceable claim of enforceable claim of (i) any patent included in the Company Owned Intellectual Property or Company Licensed Intellectual Property issued at or prior to the Effective Time, or (ii) issued after the Effective Time pursuant to a patent claim included in any United States patent application included in the Company Owned Intellectual Property or Company Licensed Intellectual Property which has been filed prior to the Effective Time.

Fourth Milestone means the ***.

Fourth Milestone means the achievement by Parent of Adjusted EBITDA for the 2020 Fiscal Year of Parent of at least the applicable Adjusted EBITDA Threshold.

Fourth Milestone. FIFTH MILESTONE", "STAGE OF DEVELOPMENT", "FIRST STAGE OF DEVELOPMENT", "SECOND STAGE OF DEVELOPMENT", "THIRD STAGE OF DEVELOPMENT", and "FOURTH STAGE OF DEVELOPMENT", "FIFTH STAGE OF DEVELOPMENT" shall have the meaning ascribed to them in Exhibit 5.1.

Fourth Milestone has the meaning set forth in Section 3.1(d) of the Agreement.

Fourth Milestone means the achievement of all Fourth Milestone Components.

Fourth Milestone has the meaning given in Section 5.01(d).