Commercialization Fee Clause Samples
Commercialization Fee. In consideration of services or activities performed or rendered by HMRI in connection with commercialization of the Product, COPLEY agrees to pay HMRI $[*] up▇▇ ▇▇▇cution of this Agreement.
Commercialization Fee. In partial consideration for the rights and licenses granted by Aduro to JBI hereunder, JBI shall pay, or cause to be paid, to Aduro a single non-refundable, non-creditable milestone payment of [*] upon the achievement of the [*] (the “Commercialization Fee”). JBI shall notify Aduro promptly in writing (and in any event within [*] days of the achievement of such milestone event). Aduro shall invoice JBI promptly upon receipt of such notice and JBI shall make the payment within [*] days of receipt thereof.
Commercialization Fee. Leprino shall pay Dyadic a Commercialization Fee in the amount stated in Schedule 1 for timely completion and achievement of the Commercial Goal or Deliverable as defined in Schedule 1, following notification by Dyadic to Leprino, and Leprino’s confirmation of, such completion and achievement.