Milestones Payable Only Once. The Parties understand and agree that each of the Milestone Payments referenced under Section 2.10(a), shall be payable only once, upon the first occurrence of the applicable Milestone, and are subject to the terms and conditions set forth in this Section 2.10; provided, [***]. *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Valeant Pharmaceuticals International), Agreement and Plan of Merger (Valeant Pharmaceuticals International)
Milestones Payable Only Once. The Parties understand and agree that that, except as otherwise noted in Section 2.6(a) above, each of the Milestone Payments referenced under Section 2.10(a2.6(a), shall be payable only once, upon the first occurrence of the applicable Milestone, and are subject to the terms and conditions set forth in this Section 2.10; provided, [***]. *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION2.6.
Appears in 1 contract
Samples: Membership Interest Purchase Agreement (Valeant Pharmaceuticals International)
Milestones Payable Only Once. The Parties understand and agree that that, except as otherwise noted in Section 2.4(a) above, each of the Milestone Payments referenced under Section 2.10(a2.4(a), shall be payable only once, upon the first occurrence of the applicable Milestone, and are subject to the terms and conditions set forth in this Section 2.10; provided, [***]. *** CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH THE COMMISSION2.4.
Appears in 1 contract
Samples: Asset Purchase Agreement (Xenon Pharmaceuticals Inc.)