Initial Option Payment Sample Clauses
Initial Option Payment. BMS shall pay AlderHoldings a license fee of [***] within ten (10) Business Days after the Effective Date, in consideration for the Option under Section 7.9 and BMS’ right of negotiation under Section 7.10 with respect to the Cancer Field. Such payment shall be noncreditable and nonrefundable.
Initial Option Payment. Optionee shall pay Optionor an initial non-refundable option payment of Agreement. REDACTED as consideration upon signing of this REDACTED REDACTED
Initial Option Payment. BMS shall pay AlderHoldings a license fee of [***], in consideration for the Option under Section 7.9 and BMS’ right of negotiation under Section 7.10 with respect to the Cancer Field. Such payment shall be noncreditable and nonrefundable.