Fee upon Satisfaction of Clinical Supply by Required Supply Dates Sample Clauses

Fee upon Satisfaction of Clinical Supply by Required Supply Dates. Subject to the following two sentences, if Kiniksa supplies (a) the Initial Drug Supply by no later than its Required Supply Date; and (b) the DP Resupply by no later than its Required Supply Date; then within thirty (30) days after GNE’s receipt of an invoice from Kiniksa therefor (to be issued no earlier than the date that the DP Resupply is delivered and accepted by GNE in accordance with Section 6.1.2 (Kiniksa Responsibility for Certain Clinical Supply of Lead Antibody)), GNE shall pay Kiniksa twenty million US dollars (US$20,000,000) (such amount being the “Clinical Supply Fee”). With respect to the Initial Drug Supply only, if Xxxxxxx fails to deliver the Initial Drug supply by its Required Supply Date, or if the Initial Drug Supply fails to comply with the delivery or release requirements of Section 6.1.2.5 (Additional Clinical Supply Obligations and Specifications), then (i) GNE will notify Kiniksa of such noncompliance, (ii) Kiniksa will have [***] days to complete delivery of, or cure any nonconformance with respect to the Initial Drug Supply, and (iii) if Kiniksa so completes the delivery or cures the nonconformance of the Initial Drug Supply within such [***] day period, then Kiniksa will have satisfied the Required Supply Date for the Initial Drug Supply for the purposes of this Section 9.2 (Fee upon Satisfaction of Clinical Supply by Required Supply Dates). If there is a GNE Caused Required Date Failure for the Initial Drug Supply or the DP Resupply, then, to the extent the Clinical Supply Fee is not already payable by GNE under this Section 9.2 (Fee upon Satisfaction of Clinical Supply by Required Supply Dates), GNE shall pay the Clinical Supply Fee within [***] days after the date that Xxxxxxx completes the delivery of both the Initial Drug Supply and the DP Resupply in accordance with Section 6.1.2 (Kiniksa Responsibility for Certain Clinical Supply of Lead Antibody) and GNE’s receipt of an invoice from Kiniksa therefor (to be issued no earlier than the date that both the Initial Drug Supply and the DP Resupply are delivered and accepted by GNE in accordance with Section 6.1.2 (Kiniksa Responsibility for Certain Clinical Supply of Lead Antibody)).
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Related to Fee upon Satisfaction of Clinical Supply by Required Supply Dates

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