Milestone Notice Date definition
Milestone Notice Date has the meaning set forth in Section 2.4(a).
Milestone Notice Date means, (a) with respect the Net Sales Milestone, the date that is forty-five (45) days following the last day of the (i) 2028 Measurement Period or (ii) the Fiscal Quarter in the 2028–29 Measurement Period, as applicable, in which the Net Sales Milestone is achieved and (b) with respect to the FDA Approval Milestone and the Clinical Recommendation Milestone, the date that is ten (10) Business Days following the achievement of the applicable Milestone.
Milestone Notice Date means March 31, 2027.
Examples of Milestone Notice Date in a sentence
Prior to the applicable Milestone Notice Date, Parent shall have compiled a Gross Revenue Statement.
More Definitions of Milestone Notice Date
Milestone Notice Date as defined in Section 1.6(c).
Milestone Notice Date in any case, will mean the date on which the Milestone Notice was delivered by Buyer to Seller. If a dispute arises between Buyer and Seller as to whether an Earnout Milestone has been satisfied, such dispute will be resolved pursuant to Section 1.6(f).
Milestone Notice Date means, (a) with respect the Qualitative Milestones, the date that is ten (10) business days following the achievement of the applicable Milestone or (b) with respect to the Revenue Milestones, the date that is ninety (90) days following the applicable Milestone Expiration Date.
Milestone Notice Date means with respect to each Net Sales Milestone, the date that is 90 days following the last day of the calendar year in which the applicable Net Sales Milestone occurs or is achieved.
Milestone Notice Date in any case, will mean the date on which the Milestone Notice was communicated by DTS to Seller. If a dispute arises between DTS and Seller as to whether an Earnout Milestone has been achieved, such dispute will be resolved pursuant to Section 1.7(d) below, and notwithstanding anything herein to the contrary, the applicable Milestone Notice Date will be deemed to be the date of resolution of such dispute.
Milestone Notice Date has the meaning ascribed to such term in the CVR Agreement.