Examples of Phase I Milestone in a sentence
If (xi) Angiotech is the Discontinuing Party and has elected to decline payment of the Phase I Milestone Fee pursuant to Section 2.4(b), and (xii) Athersys has elected to receive a greater share of Profits pursuant to Section 2.4(b)(ii), then the royalty rate payable to Angiotech pursuant to clause (ii) above shall be [*] percent [*%] and the royalty rate payable to Angiotech pursuant to clause (iii) above shall be [*] percent [*%].
All of the members of the Team shall meet during each calendar month of the Phase I Milestone Schedule and the Phase II Milestone Schedule, unless the Parties mutually agree in writing otherwise.
While the Phase I Milestone Completion Date is targeted by UTGR to occur at the expiration of six (6) months following the Effective Date, such Phase I Milestone Completion Date shall in any event occur by the first anniversary of the Effective Date, subject, however, to extension as set forth in Section 4.2 or in this Section 4.3 above or in Section 4.3D below.
During the Phase I Milestone Schedule, Covad may also deploy or build out XGDSL Service equipment in any CO not included in the Phase I Areas unless such deployment or build out would materially interfere with, slow, or impair Covad’s ability to meet the Phase I Milestone Schedule.
The B Warrants will be exercisable for a period equal to the lesser of five years and 30 days after the first press release announcing satisfaction of the Phase I Milestone, but in no circumstances will the B Warrants expire in less than five years if the Phase 1 Milestone is not achieved and reported to the public by March 31, 2012.
While the Phase I Milestone Completion Date is targeted by UTGR to occur at the expiration of six (6) months following the Effective Date, such Phase I Milestone Completion Date shall in any event occur by the first anniversary of the Effective Date, subject, however, to extension as set forth in Section 4.2 or in this Section 4.3 above or in Section 4.3 D.
If Licensee chooses to proceed, Kineta will be paid, within thirty (30) days of such notification, a milestone payment of $3,500,000 prior to the initiation of such Phase Ib trial (the “Interim Phase I Milestone Payment”).
The reduction in profit was largely due to the US$15.0m (AU$15.4m) revenue from GLE for the successful completion of the Test Loop Program Phase I Milestone in the prior year ($nil in the current year).
Year ended 30 JuneEPSCentsSTI$Share price at 30 June$2009(2.6)-6.002010(12.3)85,0004.602011(19.6)13,7612.922012(21.6)304,0003.202013(0.1)140,0002.20 The decrease in the negative earnings per share in the current year was mainly due to the US$15.0m (AU$15.4m) revenue from GE- Hitachi Global Laser Enrichment (‘GLE’) for the successful completion of the Test Loop Program Phase I Milestone.
The milestones and payment amounts are: Phase I Milestone Dollar Amount T e s t E n v i r o n m e n t E s t a b l i s h e d $ 2 0 , 6 1 3 .