Common use of INITIAL SYSTEM PURCHASE PRICE; PAYMENT Clause in Contracts

INITIAL SYSTEM PURCHASE PRICE; PAYMENT. 4.1 Initial System Purchase Price. The total purchase price (the "Initial System Purchase Price") payable by BMS in consideration of IRORI's manufacture, delivery and instillation of the Initial System by IRORI, and the Right and License with respect thereto that will be effective upon the Acceptance Date with respect to the Initial System, shall be $4,000,000. Notwithstanding any other provision of this Agreement, IRORI shall not be entitled to receive any consideration beyond the amount of the Initial System Purchase Price in connection with such manufacture, delivery and installation, except pursuant to Section 5.4.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Discovery Partners International Inc)

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INITIAL SYSTEM PURCHASE PRICE; PAYMENT. 4.1 Initial System Purchase Price. The total purchase price (the "Initial System Purchase Price") payable by BMS RPR in consideration of IRORI's manufacture, delivery and instillation installation of the Initial System by IRORI, and the Right and License with respect thereto that will be effective upon the Acceptance Date with respect to the Initial System, shall be $4,000,000*** . Notwithstanding any other provision of this Agreement, IRORI shall not be entitled to receive any consideration beyond the amount of the Initial System Purchase Price in connection with such manufacture, delivery and installation, except pursuant to Section 5.4.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Discovery Partners International Inc)

INITIAL SYSTEM PURCHASE PRICE; PAYMENT. 4.1 Initial System Purchase Price. The total purchase price (the "Initial System Purchase Price") payable by BMS in consideration of IRORI's manufacture, delivery and instillation of the Initial System by IRORI, and the Right and License with respect thereto that will be effective upon the Acceptance Date with respect to the Initial System, shall be $4,000,000*** . Notwithstanding any other provision of this Agreement, IRORI shall not be entitled to receive any consideration beyond the amount of the Initial System Purchase Price in connection with such manufacture, delivery and installation, except pursuant to Section 5.4.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Discovery Partners International Inc)

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INITIAL SYSTEM PURCHASE PRICE; PAYMENT. 4.1 Initial System Purchase Price. The total purchase price (the "Initial System Purchase Price") payable by BMS RPR in consideration of IRORI's manufacture, delivery and instillation installation of the Initial System by IRORI, and the Right and License with respect thereto that will be effective upon the Acceptance Date with respect to the Initial System, shall be $4,000,000. Notwithstanding any other provision of this Agreement, IRORI shall not be entitled to receive any consideration beyond the amount of the Initial System Purchase Price in connection with such manufacture, delivery and installation, except pursuant to Section 5.4.

Appears in 1 contract

Samples: Strategic Alliance Agreement (Discovery Partners International Inc)

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