Common use of Costs of Development Clause in Contracts

Costs of Development. All Development expenses shall be borne by GS. Without limiting the foregoing, within 30 days after receipt of an appropriate invoice from LGLS, GS shall reimburse LGLS for Development expenses in the Territory incurred between * Confidential Treatment has been requested for the marked portions. August 23, 2002 and the Effective Date, as contemplated by the Memorandum of Understanding; provided, however, that the amount of reimbursement due for LGLS activities during such period in the Territory but outside of the United States of America shall not exceed ***** unless GS shall have previously approved such excess.

Appears in 1 contract

Sources: License Agreement (Oscient Pharmaceuticals Corp)

Costs of Development. All Development expenses shall be borne by GS. Without limiting the foregoing, within 30 days after receipt of an appropriate invoice from LGLS, GS shall reimburse LGLS for Development expenses in the Territory incurred between * Confidential Treatment has been requested for the marked portions. August 23, 2002 and the Effective Date, as contemplated by the Memorandum of Understanding; provided, however, that the amount of reimbursement due for LGLS activities during such period in the Territory but outside of the United States of America shall not exceed $***** unless GS shall have previously approved such excess.

Appears in 1 contract

Sources: License Agreement (Oscient Pharmaceuticals Corp)