Second Target definition

Second Target has the meaning set forth in Section 2.8(d).

Second Target is defined in Section 2.1.3.

Second Target has the meaning set forth in Section 3.6.

Examples of Second Target in a sentence

• In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be reduced in the same proportion that the distribution had to the fair market value of the Common Units prior to the announcement of the distribution.

• During the Second Target Window, if Pfizer desires to nominate a second Target, Pfizer shall provide CytomX with a Proposed Target Notice (each such proposed Target, a “Second Target”).

• To the extent such exclusive Commercial License is Available, then such Second Target shall automatically be considered a Research Project Target on the date CytomX so notifies Pfizer (such date, the “Second Target Designation Date” for such Second Target), and the Parties shall adopt a Research Plan for such Second Target in accordance with Section 2.3.1.

• For the avoidance of doubt, if any Development Milestone Payment is paid for an Agreement PDC or Licensed Product Targeting the Second Target, such Development Milestone Payment will not be owed by Pfizer if an Agreement PDC or Licensed Product Targeting a Replacement Target (but not an Additional Target) later achieves the same Development Milestone.

• First Target Distribution and Second Target Distribution shall also be subject to adjustment pursuant to Section 6.8.

More Definitions of Second Target

Second Target means the Target described in Appendix I.

Second Target means [ ] of the revenue (Company recognizable) forecast for the Big Mac Business in the Second Performance Period.

Second Target has the meaning set forth in the definition of “Directed to”.

Second Target has the meaning given such term in Section 3(b)(iii).

Second Target has the meaning set forth in Section 2.9(c).

Second Target means cumulative revenues and cumulative operating income (loss) of $12,510,000 and ($1,087,000), respectively, by March 31, 1999; the "THIRD TARGET" means cumulative revenues and cumulative operating income of $24,925,000 and $656,000, respectively, by December 31, 1999; and "CUMULATIVE REVENUES" and "CUMULATIVE OPERATING INCOME (LOSS)" shall be calculated based on revenues and operations of the Company commencing on January 1, 1998 and ending on the applicable measurement date.

Second Target means a level of Distributions equal to £57,500,000;