Research and Development Fee definition

Research and Development Fee means as such term is defined in Section 5.1.
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Examples of Research and Development Fee in a sentence

  • The Parties shall negotiate in good faith an appropriate and reasonable adjustment based upon Xxxxxx’x Incurred Fees and Seattle Genetics’ Research and Development Fee payments previously made following such termination.

  • The Parties shall negotiate in good faith an appropriate and reasonable adjustment based upon Xxxxxx’x Incurred Fees and ZymoGenetics’ Research and Development Fee payments previously made following such termination.

  • At execution of this agreement, MHTX has paid Novint the first $300,000 of the Research and Development Fee (consisting of the first $100,000 paid on April 28, 2000 and an additional $200,000 paid contemporaneously with execution of this Agreement), receipt of which is hereby acknowledged by Novint.

  • The Parties understand and agree that the Research and Development Fee is composed of, in part, by the Reservation Rate described in Section 2.3. The Research and Development Fee, shall be paid to Abbott as outlined in the Delivery and Payment Schedule identified in the Project (Exhibit C).

  • MHTX shall pay Novint the balance of the Research and Development Fee in accordance with the Milestone Timetable (as hereinafter defined).

  • In case of shortfall, AKM Suzhou shall be responsible for further input of research and development fees subject to a maximum of 10% of the Research and Development Fee.

  • The Parties understand and agree that the Research and Development Fee is comprised of, in part, on a dollar for dollar basis, the [*] described in Section 2.3. The Research and Development Fee shall be paid to Abbott as outlined in the Payment Schedule.

  • The Parties understand and agree that the Research and Development Fee is comprised of, in part, on a dollar for dollar basis, the Reservation Rate described in Section 2.3. The Research and Development Fee shall be paid to Abbott as outlined in the Payment Schedule.

  • The Parties understand and agree that the Research and Development Fee is comprised of, in part, on a [***], the [***] described in Section 2.3. The Research and Development Fee shall [***] to Abbott as outlined in the Payment Schedule.

  • The Research and Development Fee has been determined and agreed between the parties on an arm’s length basis based on the scale of works to be undertaken and the projected costs and expenses to be incurred for the Project.

Related to Research and Development Fee

  • Research and development facility means an establishment engaged in laboratory, scientific, or experimental testing and development related to new products, new uses for existing products, or improving existing products. The term does not include an establishment engaged in efficiency surveys, management studies, consumer surveys, economic surveys, advertising, promotion, banking, or research in connection with literary, historical, or similar projects.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • spatial development framework means the Mhlontlo Municipal Spatial Development Framework prepared and adopted in terms of sections 20 and 21 of the Act and Chapter 2 of this By-Law;

  • land development area means an erf or the land which is delineated in an application submitted in terms of this By-law or any other legislation governing the change in land use and “land area” has a similar meaning;

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • Commercial Development Plan means the written commercialization plan attached as Appendix E.

  • Clinical Development means the conduct of clinical trials in humans to assess the dosing, safety and/or efficacy of the Product, including but not limited to Phase I Clinical Trials, Phase II Clinical Trials, Phase Ill Clinical Trials and Phase IV Clinical Trials.

  • land development application means the application for a land development permit on a form provided by [local jurisdiction] along with the supporting documentation required in Section [Y]-10(a).

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Initial Development Plan has the meaning set forth in Section 3.2(b).

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.

  • scientific research means any activity in the field of natural or applied science for the extension of knowledge;

  • Economic development incentive means a financial incentive,

  • Land development means the erection of buildings or structures on land, or the change of use of land, including township establishment, the subdivision or consolidation of land or any deviation from the land use or uses permitted in terms of an applicable land use scheme;

  • Development Fees means fees imposed to offset capital costs of providing public infrastructure, public safety or other public services to a development and authorized pursuant to A.R.S. Section 9-463.05, A.R.S. Section 11-1102 or A.R.S. Title 48 regardless of the jurisdiction to which the fees are paid.

  • Transit-oriented development means infrastructure improvements that are located within 1/2 mile of a transit station or transit-oriented facility that promotes transit ridership or passenger rail use as determined by the board and approved by the municipality in which it is located.

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Development Phase means the period before a vehicle type is type approved.

  • Development Area means that area to which a development plan is applicable.

  • Social development company means a company whose primary purpose in Sudan is to provide humanitarian goods or services, including medicine or medical equipment, agricultural supplies or infrastructure, educational opportunities, journalism-related activities, information or information materials, spiritual-related activities, services of a purely clerical or reporting nature, food, clothing, or general consumer goods that are unrelated to oil-related activities, mineral extraction activities, or power production activities.

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Development Officer means the Development Officer appointed by the Council of the Municipality.