Milestone Payment
Milestone Payment. The term "Milestone Payment" shall mean the payments from Spectrum to Chicago Labs under Section 4.4.
Milestone Payment. A payment to LICENSEE from a CORPORATE PARTNER due upon achievement of agreed upon regulatory or business milestones. Illustrative examples of these milestones include, but are not limited to: obtaining permission from the regulatory authority of a MAJOR COUNTRY to start human clinical trials with a LICENSED PRODUCT, and meeting agreed upon sales targets for a LICENSED PRODUCT.
Found in
Civitas Therapeutics, Inc. contract
Milestone Payment. The payment of an amount of [***].
Found in
IO Biotech, Inc. contract
Milestone Payment. The payment of an amount equalling [***]
All Definitions
Found in
IO Biotech, Inc. contract