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Research and Development Funding definition

Research and Development Funding. Research and Development Funding shall mean the funding paid by Purdue to Infinity in accordance with Section 5.1 of the Strategic Alliance Agreement during the Prior Term, in the amount of $15,908,706.
Research and Development Funding. Research and Development Funding shall mean the funding to be provided by Purdue to Infinity in accordance with Section 5.1 prior to the FAAH Transition Date.
Research and Development Funding. Research and Development Funding shall mean the funding paid by MICL to Infinity in accordance with Sections 2.2(d) and/or 5.1 of the Strategic Alliance Agreement during the Prior Term, in the amount of $244,547,850.

Examples of Research and Development Funding in a sentence

  • Unless otherwise agreed by the Steering Committee, Licensee's obligation to continue funding Licensor's research and development for uveitis, DME and ARMD shall not continue past December 31, 2003, although Licensee shall still pay remaining Milestone Payments, post-commercialization Research and Development Funding, and Regulatory Approval Expenses (described below in Article 7).

  • Infinity shall pay to Purdue a royalty of five percent (5%) of Net Sales of Opt-Out Products in the Territory until such time as Purdue has recovered one hundred percent (100%) of all Research and Development Funding paid to Infinity by Purdue for such Opt-Out Products in the Territory.

  • After Purdue has recovered one hundred percent (100%) of all Research and Development Funding and MICL has recovered one hundred percent (100%) of all Ex-U.S. Research and Development Funding, Infinity shall pay to Purdue a royalty of one percent (1%) on Net Sales of FAAH Products by Infinity, its Affiliates and Sublicensees in the Territory.

  • Production payments reward electricity suppliers with a subsidy payment per unit of electricity produced, hence reducing the risk of investment in tidal energy technologies.• Research and Development Funding- It is well understood that sustained R&D for tidal energy technologies is critical to their successful utilisation.

  • In June 2008 the Department of Employment and Learning (DEL) announced the ‘Cross-border Research and Development Funding Programme–Strengthening the All-Ireland Research base’ to create critical mass in areas of strategic interest to both governments.

  • Sargent Jr., “Federal Research and Development Funding: FY2013” (Washington: Congressional Research Service, 2013), available at https://www.fas.org/sgp/crs/misc/R42410.pdf.

  • After MICL has recovered one hundred percent (100%) of all Research and Development Funding and Purdue has recovered one hundred percent (100%) of all FAAH U.S. Research and Development Funding, Infinity shall pay to MICL a royalty of one percent (1%) on Net Sales of Products (other than FAAH Products) by Infinity, its Affiliates and Sublicensees in the Infinity Territory.

  • NYSERDA Transportation Program Case Study: Public Transit Research and Development Funding for Alstom Transportation.

  • Any requests by BH for adjustments to invoice amounts (for example, to cover changes in currency exchange rates or cost-of-living compensation adjustments for employees) will constitute proposed changes to the development budget and, as such, will require approval of the RSVC Development Committee under the Research and Development Funding Agreement between RSVC and Astellas.

  • CURRENT ALL-ISLAND PRIORITIESExample: Cross-border Research and Development Funding Programme–‘Strengthening the all-Ireland Research base’The National Development Plan 2007-2013 refers to proposals for Irish Government investment in North/ South projects and initiatives for mutual benefit.


More Definitions of Research and Development Funding

Research and Development Funding means funding received from third parties for (1) LICENSEE's direct or indirect cost (purchase or lease) of materials, equipment and facilities used in research and development; (2) salaries, wages, benefits and other related costs of personnel engaged in or supporting the research and development activity; (3) the cost to LICENSEE of services performed by others in connection with LICENSEE's research and development activity; (4) the cost to LICENSEE of payments to third parties (other than LICENSOR) for patent or other rights utilized in research and development; (5) a reasonable allocation of general, administrative and other indirect and overhead costs to research and development activities; (6) debt or equity investments in LICENSEE and (7) research and development milestone payments paid to LICENSEE for completion of research and development activities associated with ribozyme technology and product development. Determinations with respect to research and development funding shall be made in accordance with generally accepted accounting principles. Costs associated with selling Confidential portions ( [ ] ) have been omitted pursuant to regulation 240.25b-2(b) of the Securities Exchange Act of 1934 and have been filed separately with the Commission. 10 products and costs associated with facilities and equipment unrelated to research and development activities shall not be included in "research and development funding." LICENSOR shall be advised of any agreement which provides for such research funding in the semi-annual summaries submitted in accordance with paragraph 2 of Article V, and LICENSOR shall be furnished with a true and correct copy of any such agreement. LICENSOR shall have the right, upon prior reasonable notice, to inspect the books and records of LICENSEE or a sublicensee, as applicable, in accordance with the provisions of paragraph 2 of Article VII to verify the nature of such research funding. In the event of any disagreement between the parties with respect to the foregoing, representatives of LICENSOR and LICENSEE or sublicensee shall meet and seek to resolve any such disagreement, as applicable; and if the parties are unable to reach agreement, then any such disagreement under this paragraph shall be submitted to arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association then in effect before a panel of one arbitrator. The place of arbitration shall be New York, New York. Any award ren...
Research and Development Funding. Research and Development Funding shall mean (a) the funding to be provided by MICL to Infinity in accordance with Section 5.1 and (b) fifty percent (50%) of any clinical study costs and expenses borne by MICL pursuant to, and subject to the conditions of, Section 2.2(d).
Research and Development Funding means funding received from third parties for (1) LICENSEE's direct or indirect cost (purchase or lease) of materials, equipment and facilities used in research and development; (2) salaries, wages, benefits and other related costs of personnel engaged in or supporting the research and development activity; (3) the cost to LICENSEE of services performed by others in connection with LICENSEE's research and development activity; (4) the cost to LICENSEE of payments to third parties (other than LICENSOR) for patent or other rights utilized in research and development; (5) a reasonable allocation of general, administrative and other indirect and overhead costs to research and development activities; (6) debt or equity investments in LICENSEE and (7) research and development milestone payments paid to LICENSEE for completion of research and development activities associated with ribozyme technology and product development. Determinations with respect to research and development funding shall be made in accordance with generally accepted accounting principles. Costs associated with selling products and costs associated with facilities and equipment unrelated to research and development activities shall not be included in "research and development funding."
Research and Development Funding means funding received from third parties for (1) LICENSEE's direct or indirect cost (purchase or lease) of materials, equipment and facilities used in research and development; (2) salaries, wages, benefits and other related costs of personnel engaged in or supporting the research and development activity; (3) the cost to LICENSEE of services performed by others in connection with LICENSEE's research and development activity; (4) the cost to LICENSEE of payments to third parties (other than LICENSOR) for patent or other rights utilized in research and development; (5) a reasonable allocation of general, administrative and other indirect and overhead costs to research and development activities; (6) debt or equity investments in LICENSEE and (7) research and development milestone payments paid to LICENSEE for

Related to Research and Development Funding

  • 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.

  • 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.

  • 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;

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

  • 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.

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

  • 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;

  • 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).

  • 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:

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

  • 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;

  • Michigan economic development corporation means the public body corporate created under section 28 of article VII of the state constitution of 1963 and the urban cooperation act of 1967, 1967 (Ex Sess) PA 7, MCL 124.501 to 124.512, by a contractual interlocal agreement effective April 5, 1999, as amended, between local participating economic development corporations formed under the economic development corporations act, 1974 PA 338, MCL 125.1601 to 125.1636, and the Michigan strategic fund. If the Michigan economic development corporation is unable for any reason to perform its duties under this act, those duties may be exercised by the Michigan strategic fund.

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

  • 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;

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

  • Global Development Plan has the meaning set forth in Section 3.1.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • 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.

  • 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.

  • Integrated Development Plan means a plan formulated and approved as envisaged in Section 25 of the Municipal Systems Act 2000, as amended.

  • Collaboration Technology means all Collaboration Patents and Collaboration Know-How.

  • 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.

  • 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.