Milestone Fees definition

Milestone Fees means all fees identified as Milestone Fees in Section 3.1(b) of the Patent & Technology License Agreement.
Milestone Fees means all fees identified as Milestone Fees in Section 3.1(b).
Milestone Fees shall have the meaning as set forth in Section 6.3. *** Confidential treatment has been requested for redacted portions of this exhibit. This copy omits the information subject to the confidentiality request. Omissions are designated as [***]. A complete version of this exhibit has been provided separately to the Securities and Exchange Commission.

Examples of Milestone Fees in a sentence

  • Licensee will pay Milestone Fees indicated in Section 3.1(b) of the Patent & Technology License Agreement by the Quarterly Payment Deadline for the Contract Quarter in which the milestone events set forth in Section 3.1(b) of the Patent & Technology License Agreement are achieved.

  • For a period of six (6) years after the Contract Quarter to which the records pertain, Licensee agrees that it and its Affiliates and Sublicensees will each keep complete and accurate records of their Sales, Net Sales, Milestone Fees, and Non-Royalty Sublicensing Consideration in sufficient detail to enable such payments to be determined and audited.

  • Licensee will pay Milestone Fees indicated in Section 3.1(b) of the Patent License Agreement by the Quarterly Payment Deadline for the Contract Quarter in which the milestone events set forth in Section 3.1(b) of the Patent License Agreement are achieved.

  • For a period of six years after the Contract Quarter to which the records pertain, Licensee agrees that it and its Affiliates and Sublicensees will each keep complete and accurate records of their Sales, Net Product Sales, Net Service Sales, Milestone Fees, and Non-Royalty Sublicensing Consideration in sufficient detail to enable such payments to be determined and audited.

  • All other Milestone Fees shall be paid by NN to ZGI for each Zid Embodiment within each ZSS that proceeds through clinical development.


More Definitions of Milestone Fees

Milestone Fees has the meaning set forth in Section 6.4.
Milestone Fees means all fees payable by Licensee pursuant to Section 3.2 of the Patent License Agreement.
Milestone Fees means each of the milestone fees applicable to a Milestone, as listed in the second or third column (as applicable) of the table in Schedule 2.
Milestone Fees means all Fees identified as Milestone fees in Sections 2.4, 3 of the PTLA.
Milestone Fees and replacing such definition with the following words:
Milestone Fees has the meaning specified in Section 5.03(c). -------------- "Minimum Direct International Selling Price" means, for each Product ------------------------------------------ in each Direct Sales Country, the minimum direct international selling price for such Product in such Country expressed in the official currency unit of such Country.
Milestone Fees. Licensee shall pay University the following one-time Milestone fees upon the first achievement of the corresponding milestone event by Licensee, or any of its Affiliates or Sublicensees for each of the First Licensed Product and the Second Licensed Product: [***] [***] [***] [***] [***] [***] [***] Each of the foregoing milestone payments shall be paid no more than once for each of the First Licensed Product and the Second Licensed Product and no amounts shall be due hereunder for any subsequent or repeated achievement of any such milestone event by Licensee or any of its Affiliates or Sublicensees. In no event shall the aggregate amount to be paid to University pursuant to this