Initial License Payment. Calithera shall make a one-time payment to HPP of Six Hundred Thousand Dollars ($600,000) no later than thirty (30) days after the Effective Date as upfront consideration for the license granted hereunder.
Initial License Payment. ROCHE will make a non-refundable, non-creditable payment to SYNTA of sixteen million dollars ($16,000,000) within ten (10) Business Days after the Effective Date and receipt of invoice from SYNTA.
Initial License Payment. In consideration of the rights to MacroGenics Intellectual Property granted herein within *** of the later of the Effective Date and receipt of Invoice and duly signed original of the Agreement, BI shall pay to MacroGenics a non-creditable and non-refundable sum of Fifteen Million Dollars ($15,000,000).
Initial License Payment. Sanofi will, within ten (10) Business Days of the Effective Date, make a non-refundable, non-creditable payment to Rib-X of Ten Million Dollars ($10,000,000).
Initial License Payment. On the Effective Date, and in partial consideration of the grant by Millennium to Bayer of the licenses set forth in Article III, Bayer shall make an initial license payment to Millennium of Thirty-Three Million Four Hundred Thousand Dollars ($33,400,000).
Initial License Payment. In consideration of the rights to 4DMT Intellectual Property granted herein, uniQure shall pay to 4DMT non-creditable and non-refundable sums of:
(a) One Hundred Thousand Dollars ($100,000) within [***] ([***]) Business Days after the later of (i) the Effective Date and (ii) receipt of an Invoice for such amount and a duly signed original of this Agreement and, thereafter, (b) One Hundred Thousand Dollars ($100,000) within [***] ([***]) Business Days after the later of (i) the JRSC’s approval of the initial Research Plan (including its associated budget) and (ii) receipt of an Invoice for such amount.
Initial License Payment. In partial consideration of the grant by Emory of the License set forth in Section 2.1, Achillion shall pay Emory a non-refundable, non-creditable, initial License fee of one hundred thousand dollars ($100,000), payable within thirty (30) days of the Effective Date.
Initial License Payment. In consideration of the rights to 4DMT Intellectual Property granted herein, uniQure shall pay to 4DMT non-creditable and non-refundable sums of: (a) One Hundred Thousand Dollars ($100,000) within [**] Business Days after the later of (i) the Effective Date and (ii) receipt of an Invoice for such amount and a duly signed original of this Agreement and, thereafter, (b) [**] Dollars ($[**]) within [**] Business Days after the later of (i) the JRSC’s approval of the initial Research Plan (including its associated budget) and (ii) receipt of an Invoice for such amount.
Initial License Payment. The Licensee shall pay the Licensor for consideration in granting said license to the Licensee the sum of $100,000.00 dollars. This payment is to be received by the Licensor in payments as per the schedule below.
(a) Initial payment of $25,000 upon signing of this agreement.
(b) 10% of investment funds raised as received by P.E.R., Inc., with the balance of 25% raised as each benchmark of subsequent $100,000 is raised for P.E.R. until the $100,000 licensing fee is paid to the Licensor, no later then six (6) months after the signing of this agreement.
Initial License Payment. Upon execution of this Agreement, VFMCRP shall make a non-refundable, non-creditable cash payment of fifty million U.S. dollars (USD $50,000,000) to Cara.
