Annual Maintenance Fee. LICENSEE shall pay to HMGU an annual maintenance fee of € […***…] for each CONTRACT YEAR. The maintenance fee shall be credited against royalties due for the same CONTRACT YEAR. The maintenance fee for the first CONTRACT YEAR shall be due […***…] after the EFFECTIVE DATE and shall be calculated pro rata based upon the number of months in which this Agreement will be effective during that CONTRACT YEAR. The annual maintenance fees will be invoiced by HMGU at the end of January of each CONTRACT YEAR and shall be paid by LICENSEE within […***…] after receipt of the invoice.
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Samples: License Agreement (Poseida Therapeutics, Inc.), License Agreement (Poseida Therapeutics, Inc.), License Agreement (Poseida Therapeutics, Inc.)
Annual Maintenance Fee. LICENSEE shall pay to HMGU an annual maintenance fee of € […***…] for each CONTRACT YEAR. The maintenance fee shall be credited against royalties due for the same CONTRACT YEAR. The maintenance fee for the first CONTRACT YEAR shall be due […***…] after the EFFECTIVE DATE and shall be calculated pro rata based upon the number of months in which this Agreement AGREEMENT will be effective during that CONTRACT YEAR. The annual maintenance fees will be invoiced by HMGU at the end of January of each CONTRACT YEAR and shall be paid by LICENSEE within […***…] after receipt of the invoice.
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