Examples of Milestone Payment in a sentence
The Milestone Payment system applies to psychiatric rehabilitation programs that maintain fidelity to the Evidence Based Practice in Supported Employment model.
In the event that the day on which any Milestone Payment is due shall not be a Business Day, then, notwithstanding any provision of this Agreement to the contrary, any payment required to be made in respect of the CVRs on or prior to such date need not be made on or prior to such date, but may be made on the next succeeding Business Day with the same force and effect as if made on the last day on which such Milestone Payment is due.
Development Milestone Event Development Milestone Payment (USD) Any [***] Lead Candidate Product 1 [***] $[***] 2 [***] $[***] 3 [***] $[***] 4 [***] $[***] 5 [***] $[***] 6 [***] $[***] Total $76,000,000 Any TARP8 Development Candidate Product other than a [***] Lead Candidate Product 7 [***] $[***] 8 [***] $[***] Total $25,000,000 Licensee will provide Xxxxxxx with written notice of the first achievement of each development milestone event for each TARP8 Product within [***].
Sales Milestone Event Sales Milestone Payment (USD) Any [***] Lead Candidate Product 1 [***] $[***] 2 [***] $[***] Total $40,000,000 Any TARP8 Development Candidate Product other than a [***] Lead Candidate Product 3 [***] $[***] 4 [***] $[***] Total $42,000,000 Licensee will provide Xxxxxxx with written notice of the achievement of each sales milestone event within [***].
Lxxxx Xxxxxxxxx Milestone Payment (USD) [**] [**] Dollars ($[**]) [**] [**] Dollars ($[**]) Notwithstanding anything to the contrary, (i) each of the foregoing Lxxxx Xxxxxxxxx payments will be payable only once (i.e., no additional payment will be due for subsequent or repeated achievements of a given Lxxxx Xxxxxxxxx) and (ii) the total amount due under this Section 7.3 shall not exceed thirty million Dollars ($30,000,000) in any event.