Initial Fee. In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date.
Initial Fee. In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor an initial fee of $2,000,000, which shall be payable as follows: (i)**** upon the Effective Date, (ii) **** within **** after the Effective Date, and (iii) **** within **** after the Effective Date; provided that any unpaid portion of the initial fee will be immediately payable upon any termination of this Agreement.
Initial Fee. In consideration of the license granted to Licensee under Section 2.1, Licensee shall issue to Licensor 10,000 shares of Common Stock of Licensee pursuant to that certain Dimension Therapeutics, Inc. Common Stock Purchase Agreement of even date herewith.
Initial Fee. 4.1 The initial fee shall be payable no later than within two working days from the date of the Contract coming into force, in accordance with the provisions of § 17 section 1 of the Contract. The amount of the initial fee is set forth in the Price Table and it varies with the selected option and additional services.
4.2 The initial fee shall be reimbursed if the Parents terminate the Contract prior to initiating the acquisition of Biological Material and where the acquisition of Biological Material is not performed due to reasons on the part of the PBKM or persons to whom PBKM entrusted the acquisition. The initial fee shall be reimbursed to the Parents on the condition that they deliver to PBKM the unused and intact Biological Material acquisition kit.
Initial Fee. In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor an initial fee of $600,000 upon the Effective Date. One-half of the amount paid by Licensee to Licensor under this Section 3.1 may be paid by Licensee in the form of shares of Licensee’s common stock, which will be issued in accordance with Section 3.8.
Initial Fee. SPV shall be entitled to an initial fee of [(pound)17,500] (together with VAT thereon) in consideration of the services provided by it under this Agreement, payment of which shall be made on the Ninth Issuer Closing Date.
Initial Fee. In consideration of the rights and licenses granted to LICENSEE under this AGREEMENT on EFFECTIVE DATE, ORTHO shall pay KOSAN an initial fee of one million dollars ($1,000,000) to reimburse KOSAN for past research and development. Such fee shall not be refundable nor creditable against other amounts due KOSAN under this AGREEMENT.
Initial Fee. Area Developer will pay Liberty $ upon execution of this Agreement, which shall be deemed fully earned by Liberty upon payment.
Initial Fee. On or before the Effective Date of this Agreement, You will pay Libre an initial