Flow Through License Payments Clause Samples
Flow Through License Payments. Medarex shall pay to NeXstar the amounts set out below in this subparagraph (b) required to be paid by NeXstar to Regents under the Regents License. Provided that NeXstar has given Medarex at least ten days advance notice of the date that each payment is due, Medarex shall make the payment to NeXstar at the time these payments are to be paid by NeXstar to Regents (so that there is no out of pocket expense to NeXstar for these payments).
(i) All Related Patent Costs,
(ii) A non-refundable license fee of [*****] at the time of execution of the Regents License in a form reasonably acceptable to Medarex,
(iii) Milestone payments as follows: [******]
