Program Milestone definition

Program Milestone has the meaning set forth in Section 7.2.
Program Milestone means, with respect to a particular Program, the occurrence of the selection of the first Research Antibody (as such term is defined in the Collaboration Agreement); provided, that notwithstanding anything to the contrary in the Collaboration
Program Milestone means the program milestones agreed upon between you and IOTA.

Examples of Program Milestone in a sentence

  • While each Program Milestone and Commercial Milestone is payable once only, more than one Commercial Milestone may be payable with respect to Annual Net Sales achieved in the same Calendar Year.

  • For purposes of determining whether a milestone event has been achieved under Section 7.2 (CNS Program Milestone) or Section 7.3 (Peripheral Program Milestones), (a) an Indication shall only be deemed a “Distinct Indication” if such disease or condition has [***], and (b) an Indication shall be deemed to be “Different” [***].

  • Each Research Program Milestone Payment shall be payable only once per Target for the achievement of the applicable Research Program Milestone Event for such Target.

  • This proposal is subject to a mutually agreed milestone payments being added to the current Program Milestone Payment schedule.

  • Owner shall submit any comments or changes that are unique to its Facility which it may have, arising out of regulatory requirements associated with the Facility and its COL, directly to Contractor; provided, that if such change increases Contractor’s costs or impacts the Milestone Performance Schedule or the Incentive Program Milestone Dates, Contractor shall be entitled to a Change Order under Article 9.

  • Notwithstanding the foregoing, Contractor shall not be required to change the certified design of the Standard Plant or any documents submitted with the COL, except to the extent required by differences in applicable Laws, the COL, or specific Site and/or Nearby Work Area related requirements provided, that if such change increases Contractor’s costs or impacts the Milestone Performance Schedule or the Incentive Program Milestone Dates, Contractor shall be entitled to a Change Order under Article 9.

  • For clarity, each [ * ] Program Milestone Payment is payable once only for the first [ * ] to reach the applicable milestone event, and each [ * ] Program Milestone Payment is non-refundable, and is not an advance against royalties due to Institute or any other amounts due to Institute.

  • In the event that (i) BioPartners has not given written notice to DURECT within the Option Period stating that it is exercising its option or (ii) BioPartners has failed to meet a Clinical Program Milestone within the applicable timeframe set forth under Section 4.2, such option shall be terminated and DURECT shall no longer have any obligations to BioPartners under such option.

  • Development Milestone Events for the GSK-5 Program Milestone Payment *[***].

  • Each of the Research Program Milestone Payments shall be payable to DICERNA by ALEXION within [***] days of the receipt of such corresponding Invoice.

Related to Program Milestone