Milestone 2 Amount means, with respect to the achievement of Milestone 2, an amount per CVR equal to the quotient of $4,500,000 divided by the aggregate number of CVRs issued pursuant to the Merger Agreement and this Agreement, without interest (it being understood and agreed that all Milestones or a combination of any two Milestones can be earned in the same year, in which case all such applicable Milestone Amounts shall be payable).
Milestone 2 Amount means, with respect to the achievement of Milestone 2, an amount per CVR equal to $2.00.
Milestone 2 Amount means USD$20.0 million.
More Definitions of Milestone 2 Amount
Milestone 2 Amount means, with respect to the achievement of Milestone 2, an amount per CVR equal to the quotient of $4,500,000, divided by the aggregate number of CVRs issued pursuant to the Merger Agreement and this Agreement, without interest (it being understood and agreed that all Milestones or a combination of any two Milestones can be earned in the same year, in which case all such applicable Milestone Amounts shall be payable). “Milestone 3 Amount” means, with respect to the achievement of Milestone 3, an amount per CVR equal to the quotient of $5,500,000, divided by the aggregate number of CVRs issued pursuant to the Merger Agreement and this Agreement, without interest (it being understood and agreed that all Milestones or a combination of any two Milestones can be earned in the same year, in which case all such applicable Milestone Amounts shall be payable). “Milestone Non-Achievement Certificate” has the meaning set forth in Section 2.4(e). “Milestone Notice” has the meaning set forth in Section 2.4(a)(i). “Milestone Payment Date” has the meaning set forth in Section 2.4(a).
Milestone 2 Amount means, with respect to the achievement of Milestone 2, an amount per CVR equal to$2.50.