Examples of Milestone Termination Date in a sentence
Any extension of a Milestone Termination Date under this Section 2.6(e) shall not be effective if an extension to the applicable Milestone Termination Date has already been effected pursuant to Section 2.6(b)(ii).
Notwithstanding clause (f) of this Section 2.2, Seller shall not, and it shall cause its Affiliates not to, market, sell, distribute or otherwise commercialize in the Buyer Territory a version of the Product that is available for use by humans on a non-prescription basis prior to the later of (x) the last to expire of the Valid Claims covering the Product under the Licensed Patents and Assigned Patents and (y) the Milestone Termination Date.
To the extent that any portion of the Sales Milestone, Growth Milestone or Licensing Milestone are not earned by the Revenue Milestone Termination Date, such unearned Milestone Payments or portions thereof shall be forfeited and retained permanently by Parent.
The “First Annual Period” shall mean the twelve month period beginning with the first day of the first quarter following the quarter, if any, in which the Sales Milestone is achieved and “Annual Periods” shall mean the First Annual Period and each consecutive twelve month period thereafter, provided that the last Annual Period shall be the Annual Period during which the Revenue Milestone Termination Date occurs.
Effective July 1, 2000, registered nurses employed in any department of the County shall be eligible to receive the premium pay described in the immediately preceding sentence.
Based on those events, the Net Sales Milestone Termination Date is August 28, 2019.
Notwithstanding clause (f) above, Seller shall not, and it shall cause its Affiliates not to, market, sell, distribute or otherwise commercialize in the Buyer Territory a version of the Product that is available for use by humans on a non-prescription basis prior to the later of (x) the last to expire of the Valid Claims covering the Product under the Licensed Patents and (y) the Milestone Termination Date.
In seeking to analyse the differences, we also need to know what is behind the word ‘other’.
For the avoidance of doubt, the Sales Milestone may only be earned, if at all, one time and no payment of the amount associated with the occurrence of the Sales Milestone will be made based on any sales of Catheter Heart Valve Systems that are recognized after the Revenue Milestone Termination Date.
Therefore, except as provided in Sections 1.7(d) or 1.7(i), the Participating Securityholders shall have no right to receive any particular Milestone Payment (or any portion thereof) unless and until the particular Milestone Event that must be achieved in order for the Participating Securityholders to receive such Milestone Payment is achieved by the applicable Milestone Termination Date as determined pursuant to this Section 1.7.