Common use of Progress Milestones Clause in Contracts

Progress Milestones. The term “Progress Milestones” shall mean those milestones specified in the Notice of Loan Award by which CIRM will measure Loan Recipient’s progress in achieving the aims of the CIRM-Funded Project.

Appears in 2 contracts

Sources: Loan Agreement (Capricor Therapeutics, Inc.), Loan Agreement (Stemcells Inc)

Progress Milestones. The term “Progress Milestones” shall mean those milestones specified in the Notice of Loan Award by which CIRM will measure Loan Recipient’s progress in achieving the aims of the CIRM-Funded Project. [****] Certain information has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to omitted portions.

Appears in 1 contract

Sources: Loan Agreement (Stemcells Inc)