Milestone 1 definition

Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.
Milestone 1. As regards profits arising from technological development occurred before obtaining transgenic events in the crop intended for commercial use, ***% of THE COMPANY’s profits corresponds to CONICET and UNL on equal basis, that is, ***% to CONICET, ***% to UNL, and ***% to THE COMPANY.
Milestone 1 means the first milestone in the Initial Scope of Work, as set forth in Exhibit J to the Agreement.

Examples of Milestone 1 in a sentence

  • The date for Milestone 1 will be 60 days after execution of the CDA.

  • Payment Date Execution of Grant Agreement Not applicable 790,333 On or about 4 weeks after approval of Annex On or about 4 Milestone 1: - Design of project evaluation.

  • The delivery date/deadline for each Developer Milestone will be determined as a part of the Developer’s submittal of the schedule for the Initial Scope of Work (Milestone 1).


More Definitions of Milestone 1

Milestone 1 means an approval issued by the FDA for Filsuvez, with any such approval to include a labelled indication related to wound healing in patients with recessive dystrophic epidermolysis bullosa (or a broader indication) at any time on or after the date of the Transaction Agreement or prior to the relevant Milestone Deadline Date; provided that such approval is not granted by the FDA under 21 C.F.R. §§ 314.510 of FDA’s regulations (i.e., accelerated approval).
Milestone 1 means the completion of the last patient’s last visit in the Pivotal Study for the Product.
Milestone 1 has the meaning set out in Section 4.2(a);
Milestone 1 means, the first time that the Net Sales of the Company in any Calendar Year ending on or prior to the Milestone Deadline Date is equal to or exceeds $250,000,000.
Milestone 1 means the first instance in which the aggregate Product Sales in the United States during any Milestone Measuring Period equals or exceeds a total of eight hundred million dollars ($800,000,000); provided that the final Milestone Measuring Period with respect to Milestone #1 shall end on the fifth anniversary of the Reference Date.
Milestone 1 means the first time that the Net Sales in any Fiscal Year ending on or prior to the Milestone 1 Deadline Date is equal to or exceeds $100,000,000.
Milestone 1 means the first achievement of Successful Completion with respect to any Acquired Product for one or more Indication(s).