Second Milestone Payment definition

Second Milestone Payment means the payment by Nordic of an additional $1,250,000 to Newco after the satisfaction of the Second Payment Milestone (as defined in the Contribution Agreement).
Second Milestone Payment shall have the meaning set forth in Section 2.8(a)(ii).
Second Milestone Payment has the meaning given in Section 5.01(b).

Examples of Second Milestone Payment in a sentence

  • All payments pursuant to this Article 2 shall be made by wire transfer to a single account designated by the Town, and, except for the First Milestone Payment and the Second Milestone Payment, which shall each be distributed 50% to the Town and 50% to the Trustees, shall be distributed from such account to the Town and Trustees in accordance with the separate agreement, dated , 20 , between the Town and the Trustees with respect to such payments.

  • For the avoidance of doubt, each of the foregoing First Milestone Payment and Second Milestone Payment shall be payable only once and shall be due irrespective of whether AP611074 or any rights related thereto have been licensed or assigned by Biota to any Person.

  • A copy of these regulations, a referendum ballot, and voting procedures are available for review in any USDA Service Center.Executive Order 12866 and 12988This proposed rule has been determined to be not significant for purposes of Executive Order 12866, and, therefore, has not been reviewed by the Office of Management and Budget.This rule has been reviewed underExecutive Order 12988, Civil Justice Reform.

  • For the avoidance of doubt, any such Royalty Payments shall be made regardless of whether the First Milestone Payment, the Second Milestone Payment and/or the Third Milestone Payment have previously been made).

  • He took a year off before hitting graduate school.Because we were in different classes, we did not spend a great deal of time together in grad school.


More Definitions of Second Milestone Payment

Second Milestone Payment means an amount equal to $[ ] per CVR, payable in cash.(2)
Second Milestone Payment has the meaning set forth in Annex A.
Second Milestone Payment means $25,000,000.
Second Milestone Payment means a sum equal to $7,000,000 reduced by the greater of (i) the amount of the consideration paid by the Buyer to the Sellers for the First Option Shares or (ii) $1,750,000;
Second Milestone Payment shall have the meaning set forth in Section 5.5 hereof.
Second Milestone Payment means an amount equal to The Second Milestone Payment shall not be payable more than once.
Second Milestone Payment has the meaning provided in Section 1.6(d)(ii) of the Agreement.