Examples of Milestone Fee in a sentence
Each Milestone Fee shall be payable by NN to ZGI within ten (10) business days after achievement of the corresponding milestone.
Each Milestone Fee shall be paid only one time per Collaboration Program regardless of how many Licensed Products or Therapies achieve the corresponding milestone event and no Milestone Fee shall be payable for any milestone event which is not achieved, except as otherwise provided below.
Fee Calculation:The Schedule Milestone Fee dollars from the Maximum Fee amount (i.e. max fee date achievement through the min fee date) to the Min Fee amount will be calculated on a sliding scale per calendar day basis.
Fee Calculation:The Schedule Milestone Fee dollars from the Maximum Fee amount (i.e. max fee date achievement through the target fee date) to the Target Fee amount will be calculated on a sliding scale per calendar day basis.
Prior to May 29, 2003, if Licensee notifies Licensor that it does not wish to cause Licensor to seek a Reissue Patent, then such notification shall trigger the milestone fee, requiring Licensee to pay to Licensor the Milestone Fee.