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Common use of Development Expenditures Clause in Contracts

Development Expenditures. In addition to the obligations set forth above, Prometheus will spend an aggregate of not less than $[***] for the development and marketing of Patent Products during the first 5 years of this Agreement.

Appears in 2 contracts

Sources: Exclusive License Agreement (Prometheus Laboratories Inc), Exclusive License Agreement (Prometheus Laboratories Inc)

Related Clauses

  • ▇▇▇▇▇▇’S EXPENDITURES
  • Development Costs
  • Expenditures
  • Capital Expenditures
  • AUTHORIZED EXPENDITURES

Parent Clauses

  • NEGATIVE COVENANTS
  • Operations After Program Term
  • PETROLEUM EXPENDITURES
  • VALUATION
  • Classification of Hydrocarbons Costs

Sub-Clauses

  • Pipelines and related facilities for transporting Hydrocarbons produced in the Contract Area to the Delivery Point
  • Recalculation of Interests At Time of Election
  • Extended Low-Income Housing Agreement
  • Compliance with Program Requirements
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