Milestone 2 definition

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 2 means the completion of the Pivotal Study for the Product and a finding that the data from such Pivotal Study meet the primary end point(s) with statistical significance as set forth in the protocol of such Pivotal Study.

Milestone 2. As regards profits arising form the technological development after the transformation of the crop of commercial interest and before the first field trial, ***% of the profits correspond to the COMPANY and the remaining ***% to CONICET and UNL, in equal shares, that is to say, ***% for CONICET and ***% for UNL. *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.

Examples of Milestone 2 in a sentence

• The Milestone 1 Payment, Milestone 2 Payment, Milestone 3 Payment, and Milestone 4 Payment set forth below (collectively, the “Milestone Payments”) shall be payable by Client to Schrödinger only upon the achievement of the applicable event (each, a “Milestone Event”) as set forth herein.

• Up to 10% of the Budget 2 Developer shall satisfactorily complete the Tasks outlined in the Progress Tracker and Construction Schedule for Milestone 2.

• Milestone 2 Payment, Milestone 3 Payment, and Milestone 4 Payment shall be payable, on a Target-by-Target basis, (i) the first time such Milestone Event is achieved by a first Collaboration Compound Primarily Active against such Target for a first Indication, and (ii) each time such Milestone Event is subsequently achieved by a different Collaboration Compound Primarily Active against such Target for a different Indication.

• Milestone Date Paid Payment Made by Commonwealth Milestone 1 June 2019 $2,249,794 Milestone 2 June 2020 $2,537,457 Milestone 3 June 2020 $6,263,263 Milestone 4 January 2021 $7,452,900 Total to date $18,503,414 Table 10: Summary of milestone 5 Financial Expenditure claimed and milestone deliverables to 31 October 2021 for the four projects now under the schedule “Accelerated funding: New South Wales supply and constraints projects” (1).

• Milestone 2 - 30% of per parcel fee Payable upon commencement of negotiations, being the first substantial contact with the property owner by phone conversation or in-person meeting.

More Definitions of Milestone 2

Milestone 2. As regards profits from technological development after reaching the transformation of the crop intended for commercial use and prior to the first field trial, ***% of the profits correspond to THE COMPANY and ***% to CONICET and UNL shared equally, that is ***% correspond to CONICET and, ***% to UNL.

Milestone 2 means the First Commercial Sale of an approved Acquired Product in any Major Market Country for any Indication.

Milestone 2 means the issuance by the FDA to the Company of a Priority Review Voucher (as defined in Section 529(a)(2) of the United States Federal Food, Drug and Cosmetic Act (21 U.S.C. 360ff(a)(2))) at any time on or after the date of the Transaction Agreement and on or prior to the relevant Milestone Deadline Date.

Milestone 2 means the first dosing of the first patient in the first clinical trial for a pharmaceutical product derived from a second Specified Program Antibody, which is different from the first Specified Program Antibody in Milestone #1. It is hereby acknowledged that a pharmaceutical product containing an antibody that is not a Specified Program Antibody but that targets the same antigen as a Specified Program Antibody shall not be considered to be derived from a Specified Program Antibody.

Milestone 2 means the first instance in which the aggregate Product Sales in the United States during any Milestone Measuring Period equals or exceeds a total of one billion one hundred million dollars ($1,100,000,000); provided that the final Milestone Measuring Period with respect to Milestone #2 shall end on the sixth anniversary of the Reference Date.

Milestone 2 means the first time that the Net Sales during a period of four (4) consecutive Fiscal Quarters ending on or prior to the Milestone 2 Deadline Date is equal to or exceeds $500,000,000.

Milestone 2 means, the first time that the Net Sales of the Company in any Calendar Year ending on or prior to the Milestone Deadline Date is equal to or exceeds $375,000,000.