Common use of Moderna Collaboration In-License Payments Clause in Contracts

Moderna Collaboration In-License Payments. If any In-License Payments previously disclosed to Merck pursuant to Section 7.3 or 7.4, as applicable, become due during the Term under any Moderna Collaboration In-License, Moderna will be responsible for such payments, provided, that Merck will reimburse Moderna for [***] such In-License Payment within [***] days of Merck’s receipt of Moderna’s invoice therefor (a) that [***].

Appears in 6 contracts

Samples: Master Collaboration and License Agreement, Master Collaboration and License Agreement, Master Collaboration and License Agreement (Moderna, Inc.)

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Moderna Collaboration In-License Payments. If any In-License Payments previously disclosed to Merck pursuant to Section 7.3 or 7.4, as applicable, become due during the Term under any Moderna Collaboration In-License, Moderna will be responsible for such payments, provided, that Merck Xxxxx will reimburse Moderna for [***] such In-License Payment within [***] days of Merck’s receipt of Moderna’s invoice therefor (a) that [***].

Appears in 1 contract

Samples: Master Collaboration and License Agreement

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