Net Sales Milestone Payment definition

Net Sales Milestone Payment shall have the meaning set forth in Section 9.3(a).
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Net Sales Milestone Payment has the meaning set forth in Section 3.1(c).
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Net Sales Milestone Payment is defined in Section 8.2.3 (Net Sales Milestone Payments).
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Examples of Net Sales Milestone Payment in a sentence

  • In no event will the Net Sales Milestone Payment become payable on account of sales of the Product consummated after the Net Sales Milestone Payment Termination Date.

  • Parent shall, and shall cause its controlled Affiliates and any other Selling Entity to, use Diligent Efforts to achieve the Third Net Sales Milestone as promptly as practicable prior to the Net Sales Milestone Payment Termination Date.

  • At such time as the cumulative Net Sales by Company and its Affiliates and Sublicensees over the term of this Agreement first reach the Net Sales sums set forth below, Company will pay to Licensor the following milestone payments: Cumulative Net Sales Milestone Payment US $[*] US $[*] US $[*] US $[*] US $[*] US $[*] Said payment shall be made within [*] ([*]) months after the end of the fiscal quarter of Company in which the cumulative Net Sales milestone was achieved.

  • Each Net Sales Milestone Payment is payable only once with respect to the Products.

  • In no event shall the total Net Sales Milestone Payment exceed $10,000,000.

  • Each Personalised Net Sales Milestone Payment shall be paid only once regardless of how many, or how many times, Collaboration Personalised T-Cell Therapies generate, individually or collectively, Annual Net Sales at or beyond the thresholds below, and in no event will GNE pay [***] in Personalised Net Sales Milestone Payments.

  • The Net Sales Milestone Payment shall be paid within 90 days after the end of the calendar year in which such Net Sales Milestone Event is achieved.

  • For the avoidance of doubt, each Net Sales Milestone Payment is payable only one-time, and the maximum aggregate amount payable by Buyer pursuant to this Section エラー! 参照元 が見つかりません。 is $2,000,000,000 [***].

  • In the event of the occurrence of an event described in (a), (b), (c), (d) or (e) below (each, a "Net Sales Milestone Event"), the Buyer shall pay to the Stockholders, in the aggregate, pursuant to the terms and conditions of this Agreement, the corresponding amount set forth next to such Net Sales Milestone Event under the heading "Net Sales Milestone Payment" below (each, a "Net Sales Milestone Payment").

  • The issuance of any shares of Buyer Common Stock comprising a First Commercial Sale Payment or Net Sales Milestone Payment will not be registered under the Securities Act at the time of delivery and the Buyer shall have no obligation to register the future sale, transfer or distribution of such shares under the Securities Act at any time.


More Definitions of Net Sales Milestone Payment

Net Sales Milestone Payment means $1.00 per CVR, which shall become payable upon the occurrence of the Net Sales Milestone.
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Related to Net Sales Milestone Payment

  • Sales Milestone Payment has the meaning set forth in Section 7.3.

  • Development Milestone Payment has the meaning set forth in Section 6.1(b) (Development Milestone Payment).

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Payments has the meaning set forth in Section 4.2.

  • 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 Payment Date has the meaning set forth in Section 2.4(a).

  • Development Milestone Event has the meaning set forth in Section 7.2.1.

  • 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.

  • Milestone Event shall have the meaning set forth in Section 4.2.

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

  • Milestone Events has the meaning set forth in Section 7.2.

  • Net Sales means [***].

  • Sublicense Revenue means [***].

  • Milestone Date means the target date set out against the relevant Milestone in the Implementation Plan by which the Milestone must be Achieved;

  • Milestones means control points in the project that help to chart progress. Milestones may correspond to the completion of a key deliverable, allowing the next phase of the work to begin. They may also be needed at intermediary points so that, if problems have arisen, corrective measures can be taken. A milestone may be a critical decision point in the project where, for example, the consortium must decide which of several technologies to adopt for further development.

  • Project Milestone means the project milestone set forth in Schedule-J;

  • Sublicense Fees shall have the meaning set forth in Section 7.6 below.

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Sublicensing Revenue means all fees, royalties and other compensation paid to LICENSEE by any Sublicensee for performing any rights or licenses which are subject to this Agreement. If the compensation is other than cash, then the Sublicensing Revenue shall be the cash equivalent of such other than cash compensation.

  • Milestone Dates means the dates for completion of specified Project activities as contained in the Project Schedule.

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