MAPPING ARRAY LIBRARY DELIVERY FEE Sample Clauses
MAPPING ARRAY LIBRARY DELIVERY FEE. In partial consideration of the delivery of up [*****] Mapping Array Libraries per calendar quarter from the Effective Date through March 31, 2003 (as described in Section 3.3.), Sankyo agrees to pay ArQule [*****] until the last payment is made on [*****]. If Sankyo does not request its full allocation of [*****] Mapping Array Libraries in a given calendar quarter, ArQule shall have no obligation to provide Sankyo with the shortfall in any subsequent calendar quarter. If Sankyo receives more than [*****] Mapping Array Libraries in a given calendar quarter, as requested by Sankyo, Sankyo agrees to pay ArQule [*****] for each such additional Mapping Array Library within thirty (30) days of receipt.
MAPPING ARRAY LIBRARY DELIVERY FEE. In partial consideration of the delivery of up to five (5) Mapping Array Libraries per calendar quarter from the Effective Date through March 31, 2003 (as described in Section 3.3.), Sankyo agrees to pay ArQule a delivery fee in the amount of $1,200,000 in eight (8) equal installments of $150,000, payable within two
