Subsequent Development Costs definition

Subsequent Development Costs means any Development Costs specifically identifiable or allocable to the Subsequent Development of a Product.
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Subsequent Development Costs means any Development Costs specifically identifiable or allocable to the Subsequent Development of a
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Examples of Subsequent Development Costs in a sentence

  • Following the issue of such notice of termination in accordance with this Article 13.4, no further milestone payments shall be due and payable by Lilly and Lilly shall not be obligated to fund or pay any Subsequent Development Costs.

  • Where needed in order to reflect such allocated Joint Subsequent Development Costs, corresponding “true up” payments will be made by the Party underpaying its share of Joint Subsequent Development Costs to the Party having overpaid its share, quarterly within [ * ] following the end of each calendar quarter.

  • All activities undertaken by the Parties pursuant to the Joint Subsequent Development Plan shall be funded by the Parties in the following proportion : Ipsen shall be responsible for [ * ] of all Joint Subsequent Development Costs and GTx shall be responsible for [ * ] of all Joint Subsequent Development Costs, only to the extent the foregoing Joint Subsequent Development Costs are set forth in the Joint Subsequent Development Budget or revisions thereof.

  • All Initial and Subsequent Development Costs shall be determined in accordance with GAAP and Transition’s then-current accounting methodology, consistently applied.

  • Within [ * ] of the end of each calendar quarter, each Party will notify the JDC in writing of the Joint Subsequent Development Costs incurred by such Party during such calendar quarter, and the JDC shall aggregate such Joint Subsequent Development Costs and allocate them to the Parties in accordance with the percentages set forth in the foregoing sentence.

  • Transition shall track and calculate all Initial Development Costs and Subsequent Development Costs incurred by it.

  • Any payments to be made to this Third Party under the Third Party License during the Joint Subsequent Development shall be included in the Joint Subsequent Development Budget as Joint Subsequent Development Costs.

  • Within thirty (30) days after the end of each Calendar Quarter, Transition shall submit to Lilly a report setting forth in reasonable detail the Initial and Subsequent Development Costs incurred by it during such Calendar Quarter, with an allocation of such costs between the Parties consistent with Sections 3.4 and 3.5, along with such supporting documentation as Lilly may reasonably request, and provide Lilly an invoice for any amounts due from Lilly.

Related to Subsequent Development Costs

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Development Expenses means, with respect to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.), usual and customary operating and financial costs, such as the compliance monitoring fee, the financial monitoring fee, replacement reserves, the servicing fee and the debt service reserves. As it relates to SAIL Developments as well as HOME Developments when the HOME Development is also at least partially financed with a MMRB Loan (as defined in rule Chapter 67-21, F.A.C.) and to the application of Development Cash Flow described in subsections 67-48.010(5) and (6), F.A.C., as it relates to SAIL Developments or in paragraph 67-48.020(3)(b), F.A.C., as it relates to HOME Developments, the term includes only those expenses disclosed in the operating pro forma on an annual basis included in the final credit underwriting report, as approved by the Board, and maximum of 20 percent Developer Fee per year.

  • Total Development Cost means the total of all costs incurred in the completion of a Development, all of which shall be subject to the review and approval by the Credit Underwriter and the Corporation pursuant to this rule chapter, and as further described in Rule 67-48.0075, F.A.C.

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.