Research Funding Payment definition

Research Funding Payment shall have the meaning set forth in Section 5.03.
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Research Funding Payment shall have the meaning set forth in Article ------------------------ 6.
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Research Funding Payment shall have the meaning set forth in Section 8.1.
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Examples of Research Funding Payment in a sentence

  • The first Research Funding Payment shall be paid within ten (10) days of the Effective Date.

  • The amounts payable for each Research Year shall be paid by certified or bank check or wire transfer in United States dollars in four equal payments paid quarterly by the tenth (10th) business day of each calendar quarter, pro-rated as necessary for the first and last quarter (each such payment referred to as a "Research Funding Payment").

  • The amounts payable shall be paid by wire transfer in United States dollars in four equal payments paid Quarterly, in advance, by the tenth (10th) business day of each Quarter, pro-rated as necessary for the first and last Quarter (each such payment referred to as a "Research Funding Payment").

  • The first Research Funding Payment shall be paid within five (5) days of the Second Amendment Date.

  • CNSI shall keep complete and accurate records of its expenditures of Research Funding Payments received by it, which records CNSI shall retain for two (2) years after the end of the Research Year in which the Research Funding Payment was made.

  • If Cempra defaults in the making of any payment as and when due hereunder (including without limitation the payment the Initial License Fee, any Research Funding Payment, any Initial Milestone Payment, Second License Fee or Royalty Payment) MP shall have the right to terminate this Agreement by written notice to Cempra if such non-payment is not cured within thirty (30) Business Days of written notice given by MP to Cempra specifying such non-payment.

  • The first Research Funding Payment shall be paid within thirty (30) days of the commencement of the Research Phase.

  • Within [***] of Xxx’s receipt of an invoice issued by Xxxxxxxx after the Effective Date, Xxx will make an initial Research Funding Payment to Xxxxxxxx in the amount of Three Million, Three Hundred Seventy-Eight Thousand, Three Hundred and Five Dollars ($3,378,305), which amount consists of (i) [***] and (ii) [***], for each of (i) and (ii) as set forth in the Budget (the “Initial Research Funding Payment”).

  • For Research Funding which is not included in the Initial Research Funding Payment, Xxxxxxxx will provide to Xxx an updated forecast of quarterly Research Funding for [***] at each JRC meeting.

  • The first Research Funding Payment shall be paid within ten (10) days of the commencement of the Research Phase.

Related to Research Funding Payment

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Reimbursement Payment shall have the meaning given to that term in Subparagraph 2.02(c).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Minimum Funding Amount means, on any date of determination, the amount set forth in the table below: The date that is six months following the Effective Date December 20, 2018 60% of the Financing Commitment December 21, 2018 March 20, 2019 65% of the Financing Commitment March 21, 2019 Day prior to the last day of the Ramp-Up Period 75% of the Financing Commitment The last day of the Ramp-Up Period The last day of the Reinvestment Period 85% of the Financing Commitment

  • Development Contribution means the amount of money referred to in item 5 of the Schedule;

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Initial Payment means the dollar amount specified as the “Initial Payment” in the applicable Purchase Agreement.

  • 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.

  • Reverse Termination Fee shall have the meaning set forth in Section 9.2(b).

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

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

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Delta Payment means as it is described in this Agreement.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • Delayed contribution payment means an amount paid by an employee for purchase of current service. The amount shall be determined using the same formula in KRS 61.5525, and the payment shall not be picked up by the employer. A delayed contribution payment shall be deposited to the member's account and considered as accumulated contributions of the individual member. In determining payments under this subsection, the formula found in this subsection shall prevail over the one found in KRS 212.434;

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Interim Payment has the meaning specified in Section 10.1.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.