Development Activities. NovaDel shall not be required to commence any Development Activities until Licensee has executed 100% of the non-refundable License Fee & Equity transaction described in Section 4.4.
Appears in 4 contracts
Samples: License and Development Agreement (Novadel Pharma Inc), License and Development Agreement (Hana Biosciences Inc), License and Development Agreement (Hana Biosciences Inc)
Development Activities. NovaDel shall not be required to commence any Development Activities until Licensee has executed 100% paid at least twenty-five percent (25%) of the non-refundable License Fee & Equity transaction described in Section 4.4.
Appears in 4 contracts
Samples: License and Development Agreement (Manhattan Pharmaceuticals Inc), License and Development Agreement (Manhattan Pharmaceuticals Inc), License and Development Agreement (Novadel Pharma Inc)