Common use of Milestone Conditions Clause in Contracts

Milestone Conditions. Each sales milestone payment set forth above shall be due and payable only once, regardless of how many times such milestone event is achieved. The aggregate milestone payments under this Section 9.3 shall not exceed [*]. For clarity, the sales milestone payments in this Section 9.3 are [*], then the milestone payments for [*] shall be payable.

Appears in 2 contracts

Samples: License and Collaboration Agreement (Cytokinetics Inc), License and Collaboration Agreement (Cytokinetics Inc)

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Milestone Conditions. Each sales milestone payment set forth above shall be due and payable only once, regardless of how many times such milestone event is achieved. The aggregate milestone payments under this Section 9.3 8.4 shall not exceed [*[ * ]. For clarity, the sales milestone payments in this Section 9.3 8.4 are [*]additive, such that if more than one sales milestone set forth above is achieved in the same time period, then the milestone payments for [*] all such sales milestones shall be payable.

Appears in 1 contract

Samples: License and Collaboration Agreement (Oyster Point Pharma, Inc.)

Milestone Conditions. Each sales milestone payment set forth above shall be due and payable only once, regardless of how many times such milestone event is achieved. For clarity, the milestone payments in this Section 4.4 shall be additive, such that if more than one sales milestone specified above is achieved in the same calendar year, then the milestone payments for all such milestones shall be payable. The aggregate milestone payments under this Section 9.3 4.4 shall not exceed [*]. For clarity, the sales milestone payments in this Section 9.3 are [**], then the milestone payments for [*] shall be payable.

Appears in 1 contract

Samples: License Agreement (Genelux Corp)

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Milestone Conditions. Each sales milestone payment set forth above shall be due and payable only once, regardless of how many times such milestone event is achieved. The aggregate milestone payments under this Section 9.3 8.4 shall not exceed [*]. For clarity, the sales milestone payments in this Section 9.3 8.4 are [*]additive, such that if more than one sales milestone set forth above is achieved in the same time period, then the milestone payments for [*] all such sales milestones shall be payable.

Appears in 1 contract

Samples: License and Collaboration Agreement (Milestone Pharmaceuticals Inc.)

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