Sales Milestone definition

Sales Milestone is defined in Section 5.4.2.

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Sales Milestone has the meaning set forth in Section 7.3.

Sales Milestone has the meaning set forth in Section 5.2.2.

Examples of Sales Milestone in a sentence

For the avoidance of doubt, each Sales Milestone Payment shall be made only one time, such that in all cases the total payable Sales Milestone Payments shall not exceed $22,000,000.
Rasayana shall provide Theriva with written notice of the achievement of each Sales Milestone within thirty (30) days after such milestone is achieved.
Rasayana shall make the Sales Milestone Payment within sixty (60) days after receipt of such invoice.
The records shall be reviewed solely to verify the accuracy and compliance with this Agreement of Rasayana’s Sales Milestone Payments and Royalty Payments.
After receipt of such notice, Theriva shall reasonably promptly thereafter, submit an invoice to Rasayana with respect to the corresponding Sales Milestone Payment.

More Definitions of Sales Milestone

Sales Milestone has the meaning set forth in Section 9.2.2.

Sales Milestone means cumulative Net Sales of the Product worldwide, other than in the Bayer Territories, during the Sales Milestone Period exceeding $125 million.

Sales Milestone is defined in Section 4.1.2 hereof.

Sales Milestone means the Four Hundred Million Dollar Sales Target or the Eight Hundred Million Dollar Sales Target, as applicable.

Sales Milestone has the meaning set out in Clause 13.4;

Sales Milestone means any of the First Sales Milestone, Second Sales Milestone, Third Sales Milestone or Fourth Sales Milestone.

Sales Milestone means, during the Sales Milestone Period, the first achievement in any Sales Measurement Period of worldwide Net Sales of the Product, exceeding $1,000,000,000. “Sales Milestone Payment “ means $18.07 per CVR.