Milestone 5 means the achievement of worldwide aggregate Net Sales of the Product (inclusive of all Indications) of at least two hundred fifty million U.S. dollars ($250,000,000), calculated on a cumulative basis for all Calendar Years (or portion thereof), provided that Milestone 3 is achieved by or before December 31, 2030.
Milestone 5 means FDA approval of a NDA for FX301.
Milestone 5 has the meaning provided in the Project Agreement.
Examples of Milestone 5 in a sentence
Up to 75% of the Budget 5 Developer shall satisfactorily complete the Tasks outlined in the Progress Tracker and Construction Schedule for Milestone 5.
More Definitions of Milestone 5
Milestone 5. [ ]* [ ]* Milestone 6: [ ]* [ ]*. Each milestone is independent, so that the achievement of any one milestone with respect to a Research Compound or Product does not require payment of lower numbered unachieved milestones with respect to that Compound or Product.
Milestone 5 means cumulative Net Sales of the Product Candidate exceeding three hundred million dollars ($300,000,000), inclusive of Milestone #4, but only if the foregoing Milestone is achieved no later than the Milestone Target Date.
Milestone 5. Program/Project 2 Sub Application Title 2: Scope of Work 2: Program/Project Matrix Code 2: Program/Project’s National Objective 2: Sub Award Number: Milestones: Milestone 1: Milestone 2: Milestone 3: Milestone 4:
Milestone 5. Clinical Trial Assay Build Completion (Including CTA QC and Control Specifications) This milestone entails activities required to complete development of the Clinical Trial Assay for use in Phase III Clinical Trial. The assay is planned to be presented to CDRH under an Investigational Device Exemption application. The following work packages will be competed; [**]. Confidential and Proprietary Information of TOKAI and QIAGEN
Milestone 5. CubeRover EM Integrated with Cable Reel Target Date: ATP + 10.5 Months Amount: $2,000,000.00 Entrance Criteria: 1. CubeRover, Cable, and Reel Engineering Model Integration and Test Plan has been drafted. 2. CubeRover, Cable, and Reel Master Build Reports are complete. Success Criteria: 1. CubeRover, Cable, and Reel Engineering Model Integration and Test report uploaded to NASA server. 2. CubeRover, Cable, and Reel Engineering Model Integration and Test report reflects the as assembled & integrated CubeRover EM / Cable and Reel EM.
Milestone 5. For New South Wales, Victoria and South Australia only, the State has provided a brief description of supply measure projects for which feasibility and business cases are being developed for consideration under the SDL adjustment mechanism
Milestone 5. If the Consumer Business Unit records $75 million in revenue for calendar 2023, the CVR Payment Amount for this Milestone will be $2,500,000 (as such amount may be adjusted pursuant to the Riders below). If the Consumer Business Unit achieves profitability from operations for calendar 2023, then the CVR Payment Amount for this Milestone will be increased by $2,500,000 (as such amount may be adjusted pursuant to the Riders below).