Milestone Payments definition

Milestone Payments means, collectively, the Development Milestone Payments and Sales Milestone Payments.
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Milestone Payments has the meaning set forth in Section 4.2.
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Milestone Payments means the portion of the Investment allocated to a Milestone as described in the Milestone, Reporting and Payment Schedule attached as Schedule D;
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Examples of Milestone Payments in a sentence

  • For as long as Milestone Events are outstanding, Seller shall, not more than [***], have the right to have an external independent registered public accounting firm of Seller’s choosing inspect Buyer’s records for the purpose of determining the accuracy of Milestone Payments for a period covering the Calendar Quarter to which they pertain and the [***] calendar years prior to the Calendar Quarter to which they pertain.

  • Each of the following Milestone Payments is payable, if at all, only a single time.

  • As additional consideration for the Purchased Assets, after the occurrence of the Closing, Buyer shall have the obligation to pay to Seller the Milestone Payments (as defined below) set forth in each table below in Section 1.5(b)(i) and Section 1.5(b)(ii) solely upon the first achievement of the corresponding Milestone Event (as defined below).

  • If multiple Sales Milestone Events are first achieved in a single Calendar Quarter during the same Calendar Year, the Sales Milestone Payments corresponding to all of such achieved Sales Milestone Events shall be payable within [***] after the end of such Calendar Quarter in accordance with Section 8.1.

  • For as long as Milestone Events are outstanding, Buyer shall keep, and shall cause Seller to keep, records that are necessary to ascertain the Milestone Payments due hereunder.


More Definitions of Milestone Payments

Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).
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Milestone Payments has the meaning set forth in Section 7.2.1.
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Milestone Payments shall have the meaning set forth in Section 6.2 hereof.
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Milestone Payments means payments under intellectual property licensing agreements based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).
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Milestone Payments has the meaning set forth in Section 3.3 (Milestone Payments).
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Milestone Payments has the meaning set forth in Section 2.6(b)(i).
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Milestone Payments shall have the meaning given in Section 3.1(b).
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