Milestone Notice Date definition

Milestone Notice Date has the meaning set forth in Section 2.04(b).
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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.
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Milestone Notice Date is defined in Section 2.6(d).
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Examples of Milestone Notice Date in a sentence

  • The Milestone Cash Payment to be paid pursuant to the foregoing, shall be paid by check mailed to the address of each Holder as reflected in the CVR Register as of the close of business on the last Business Day prior to such Milestone Notice Date.

  • Parent will promptly deposit with the Rights Agent, for payment to each Holder, the applicable CVR Payment Amount, if any, prior to or on the applicable Milestone Notice Date.

  • Parent shall cause each Milestone Payment to be distributed to the Paying Agent for distribution to the Company Securityholders within seven (7) Business Days following a Milestone Notice Date relating thereto; provided, that any such Milestone Payment shall be net of any expenses of the Paying Agent incurred or reasonably expected to be incurred (as estimated in good faith by the Paying Agent) by Parent with respect thereto.

  • If Seller disagrees as to whether or not an Earnout Milestone set forth in Section 1.6(b) has been satisfied, Seller shall give written notice (a "Dispute Notice") to Buyer with a reasonable description of the basis for such disagreement within 15 days following the applicable Milestone Notice Date.

  • The "Milestone Notice Date," in any case, will mean the date on which the Milestone Notice was communicated by Buyer to the Stockholder Representative.

  • Subject to Acquiror’s right to offset pursuant to Section 10.7, Acquiror shall cause each Milestone Payment, if any, to be distributed to the Member Representative for further distribution to the Members in accordance with Section 11.13(g) within seven (7) Business Days following a Milestone Notice Date relating thereto.

  • 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.

  • The "Milestone Notice Date," in any case, will mean the date on which the Milestone Notice was delivered by Buyer to Seller.

  • Parent will promptly deposit with the Rights Agent, for payment to each Holder, the applicable CPR Payment Amount, if any, prior to or on the applicable Milestone Notice Date or Final Notice Date, as applicable.

  • If a dispute arises between Buyer and the Stockholder Representative as to whether the Company has achieved an Earnout Milestone, such dispute will be resolved pursuant to Section 2.4(c)(ii), and notwithstanding anything herein to the contrary, the applicable Milestone Notice Date will be deemed to be the date of resolution of such dispute.


More Definitions of Milestone Notice Date

Milestone Notice Date has the meaning ascribed to such term in the CVR Agreement.
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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.
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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).
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Milestone Notice Date shall have the meaning set forth in Section 2.4(c)(i).
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Related to Milestone Notice Date

  • Milestone Notice has the meaning set forth in Section 2.4(a).

  • Milestone Date means the date set against the relevant Milestone in the Implementation Plan;

  • Notice Date has the meaning specified in Section 2.14(b).

  • Advance Notice Date means each date the Company delivers to the Investor an Advance Notice requiring the Investor to advance funds to the Company, subject to the terms of this Agreement. No Advance Notice Date shall be less than seven (7) Trading Days after the prior Advance Notice Date.

  • Milestone means an event or task described in the Implementation Plan which must be completed by the corresponding date set out in such plan;

  • Milestone 2 means achievement of annual Net Sales of at least $35,000,000 during any Calendar Year ending on or before December 31, 2024.

  • Non-Extension Notice Date has the meaning specified in Section 2.03(b)(iii).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.