License Issue Fee. Licensee agrees to pay and shall pay to TSRI a noncreditable, nonrefundable license issue fee in the amount of Ten Thousand U.S. Dollars (U.S. $10,000) within fifteen (15) days of the Effective Date (the “License Issue Fee”). Failure of Licensee to make this payment shall render this Agreement null and void (ab initio).
Appears in 6 contracts
Samples: License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc), License Agreement (Fate Therapeutics Inc)
License Issue Fee. Licensee agrees to pay and shall pay to TSRI a noncreditable, nonrefundable license issue fee in the amount of Ten Thousand two hundred and fifty thousand U.S. Dollars (U.S. $10,000250,000) within fifteen sixty (1560) days of the Effective Date (the “License Issue Fee”)Date. Failure of Licensee to make this payment shall render this Agreement null and void (ab initio).
Appears in 2 contracts
Samples: License Agreement (Immunomedics Inc), License Agreement (Immunomedics Inc)
