Milestone Payment Amount definition

Milestone Payment Amount means, for a given Holder, the product of (a) the applicable Milestone Payment and (b) the number of CVRs with respect to such applicable Milestone held by such Holder as reflected on the CVR Register as of the close of business on the date of the applicable Milestone Notice.

Milestone Payment Amount means, for a given Holder, the product of (a) the Milestone Payment and (b) the number of CVRs held by such Holder as reflected on the CVR Register as of the close of business on the date of the Milestone Notice.

Milestone Payment Amount means, for a given Holder, with respect to any achievement of any Milestone during the Milestone Period for such Milestone, the product of (a) the applicable Milestone Payment for such Milestone and (b) the number of CVRs with respect to such Milestone held by such Holder as reflected on the CVR Register as of the close of business on the date of the Milestone Notice for such Milestone.

Examples of Milestone Payment Amount in a sentence

• Substantial Completion Milestone Payment Amount means the amount determined in accordance with Sections 4.1 and 4.2 of Exhibit 10 (Payment Mechanism) to the Agreement.

• Milestone Payment Amount means the amount of the Milestone Payment after the Milestone Payment Adjustments and the deductions and offsets identified in Section 4.9.4.5 of the Agreement.

• Goal-based performance requires that information be transmitted seamlessly as knowledge to the decision maker.

• Project Adjusted Costs means those costs and expenses that have actually been incurred by or on behalf of Developer directly in connection with the design, acquisition or construction of the Project, as well as in connection with Rehabilitation Work, less the Milestone Payment Amount actually paid by IFA.

• Payment of the respective Milestone Payment Amount for each Unit shall be due and payable by Purchaser to Seller within fifteen (15) Days of: (i) Seller achieving the applicable Milestone; and Purchaser's receipt of a properly prepared invoice for such Milestone Payment Amount, in accordance with the Milestone Payment Schedule set forth in Section 6.1.2. 6.1.2 Payment Milestones6.1.2 Payment Milestones.

More Definitions of Milestone Payment Amount

Milestone Payment Amount means if, as of the Regulatory Approval Payment Target Date, (1) neither FDA Preferred Product Label Approval, nor EMA Preferred Product Label Approval has been obtained, (a) $1.50 if the Four Hundred Million Dollar Sales Target is achieved and (b) an additional $1.25 if the Eight Hundred Million Dollar Sales Target is achieved, (2) EMA Preferred Product Label Approval has been obtained, but FDA Preferred Product Label Approval has not been obtained, (a) $0.50 if the Four Hundred Million Dollar Sales Target is achieved and (b) an additional $1.25 if the Eight Hundred Million Dollar Sales Target is achieved, and (3) FDA Preferred Product Label Approval has been obtained, but EMA Preferred Product Label Approval has not been obtained, $1.00 if the Eight Hundred Million Dollar Sales Target is achieved. For reference only, a summary of potential Milestone Payment Amounts has been attached as Appendix A to this Agreement.

Milestone Payment Amount has the meaning given to such term in the CVR Agreement.

Milestone Payment Amount means any of the First Milestone Payment Amount, the Second Milestone Payment Amount or the Third Milestone Payment Amount.

Milestone Payment Amount means the amount that becomes payable upon the achievement of a Milestone in accordance with Section 3.10(a)(i)-(iv), as applicable.

Milestone Payment Amount means the percentage of the Purchase Amount due to Seller from Purchaser as set forth in Section 6.1.2. Minimum Electrical Losses Guarantee. Shall have the meaning as set forth in Section 10.4.2. Net Cancellation Charge. Shall have the meaning as set forth in Section 5.4.1(b).

Milestone Payment Amount means, for a given Holder, with respect to the achievement of each Milestone (if at all), a one-time payment equal to the product of (a) the Milestone Payment and (b) the number of CVRs held by such Holder as reflected on the CVR Register as of the close of business on the date of the applicable Milestone Achievement Notice.

Milestone Payment Amount means, for a given Holder, with respect to the achievement of the Milestone, a one-time payment equal to the product of (a) the Milestone Payment (reduced, with respect to Holders of CVRs received in respect of Company Options pursuant to Section 2.9(a)(ii) of the Merger Agreement, by the amount by which the exercise price of such Company Option exceeds the Closing Amount) and (b) the number of CVRs held by such Holder as reflected on the CVR Register as of the close of business on the date of the Milestone Achievement Notice; provided, that, with respect to Holders of CVRs received in respect of Company Options pursuant to Section 2.9(a)(ii) of the Merger Agreement, the Milestone Payment Amount for such Holders will be reduced by an amount equal to the (a) aggregate exercise price across all such Company Options immediately prior to the Effective Time less (b) the product of (x) the Closing Amount and (y) the number of CVRs held by such Holder as reflected on the CVR Register as of the close of business on the date of the Milestone Achievement Notice.