Research and Development Costs definition
Research and Development Costs means the cost of the activities undertaken pursuant to this Agreement, determined in accordance with Exhibit A hereto.
Research and Development Costs means, with respect to an Optioned Program: […***…].
Research and Development Costs means the cost of activities undertaken pursuant to the Research and Development Agreement with respect to the Licensed Product, determined in accordance with Exhibit A thereto.
Examples of Research and Development Costs in a sentence
ASTI shall pay to Allergan monthly, in arrears, all such Research and Development Costs incurred by Allergan during the preceding calendar month, within 30 days after Allergan's invoice therefor.
The costs of obtaining any such Proprietary Rights shall be included in the calculation of Research and Development Costs paid by ASTI pursuant to this Agreement.
ASTI shall also reimburse Allergan for (i) Research and Development Costs incurred with respect to the initial ASTI Products referred to in Section 1.4 and (ii) Pre-Selection Work described in Exhibit B, which costs are incurred from the date on which ALRT ceased such funding (October 23, 1997) through March 31, 1998 in accordance with the Allergan approved Work Plans therefor in effect as of the date hereof.
Allergan and ASTI shall review each such Work Plan from time to time, and with respect to a Work Plan for an ASTI Product no less often than at the end of each stage of research and development, and shall revise each Work Plan as appropriate such that each Work Plan remains a best estimate of the work to be performed to complete the development objectives identified therein and of the Research and Development Costs thereunder.
ASTI shall not be obligated to pay Research and Development Costs in excess of those provided for in approved Work Plans, and Allergan shall not be obligated to perform work which would result in Research and Development Costs exceeding those in approved Work Plans.
More Definitions of Research and Development Costs
Research and Development Costs means costs of or in support of or related to the implementation of research and development purposes including, without limitation, capital formation, direct operating costs, costs of research and facilities, including interests in real property therefor, and other support, and costs of making grants, loans, including loans to lenders or the purchase of loans, subsidies, contributions, advances or guarantees, or direct investments in, or payment, or reimbursement from available moneys for, implementing research and development purposes consistent with Section 2p of Article VIII, Ohio Constitution, and the investment policy adopted by the venture capital authority pursuant to section 150.03 of the Revised Code, and includes financing charges, amounts necessary to establish the reserves required pursuant to the bond proceedings, interest on loans including loans purchased for cancellation, interest on the obligations from their date until the time determined in the bond proceedings wheninterest is to be paid from sources other than the proceeds of obligations, legal expenses and other costs of or related to the issuance of obligations, estimates of costs and revenues or other expenses necessary or incident to determining the feasibility or practicability of the financing of any research and development costs with proceeds of obligations or other sources, administrative expenses related to obligations, and the application of the proceeds of obligations, including fees of the issuing authority, any trustee, and any other costs and expenses reasonably necessary or incident thereto or to the financing of research and development costs, and costs described in this division incurred prior to the issuance of obligations and paid, advanced, or borrowed by an issuing authority, the venture capital authority, the program fund or other public or private person or entity, which costs may be reimbursed from the proceeds of such obligations. "Research and development costs" does not include any otherwise qualifying costs that are in support of the purposes provided for in Section 15 of Article VIII, Ohio Constitution.
Research and Development Costs means the fully-burdened cost of activities undertaken pursuant to this Agreement plus five percent (5%) of such costs, including research expenses, general and administrative expenses, capital asset costs, costs for licenses or acquisition of technology, products or therapeutic agents from third parties for the CliniChem Programs and costs of third-party collaborations or contract research undertaken for the CliniChem Programs, determined in accordance with Exhibit B hereto.
Research and Development Costs means all RevMed R&D Costs and Sanofi R&D Costs.
Research and Development Costs means the fully-burdened cost of activities undertaken pursuant to the Research and Development Agreement with respect to the Acquired Products plus five percent (5%), as detailed in the Research and Development Agreement.
Research and Development Costs means all direct and indirect costs, fees and out-of-pocket or other expenses incurred, paid or accrued by IRIS in connection with performing the Research and Development for PSI under the Development Agreement, determined in accordance with Section 2.3 thereof, but excluding in all events any such costs, fees or expenses paid by PSI to IRIS under the Administration and Services Agreement.
Research and Development Costs means the costs, fees and out-of- pocket or other expenses incurred by the Company or Members in the course of performing research and development activities or a Feasibility Study as specified in a Work Plan.
Research and Development Costs. Research and Development Costs shall mean:
(a) All out-of-pocket expenses, including specific use capital costs to the extent incurred for Collaboration projects and not applicable for commercial scale uses, incurred by a Party and its Affiliates and the FTE Costs incurred by such Party and its Affiliates, fairly allocable to the performance of its obligations under R&D Plans and Budgets, determined in accordance with GAAP and calculated in United States dollars;
(b) Expenses incurred by either Party and its Affiliates for prosecution, maintenance, enforcement and defense of Patent Rights incurred after the Effective Date and fairly allocable to the Collaboration, including without limitation costs and expenses of outside counsel; and
(c) Fully Burdened Manufacturing Costs incurred with respect to pre-clinical and clinical supplies of Collaboration Products for use in research and development activities in accordance with an R&D Plan and Budget, as applicable, determined in accordance with GAAP and calculated in United States dollars.
Section (a) shall include all out-of-pocket license fee, milestone and similar payments, and royalties actually paid by a Party to a Third Party in consideration for obtaining or maintaining Chiron Background IP, XOMA Background IP and Collaboration IP licensed to either Party under this Agreement, to the extent fairly allocable to the Collaboration, including, for example, Useful Third Party IP. In no event shall any expense be double-counted or included in Research and Development Costs if such expense has already been accounted for elsewhere in this definition or this Agreement.