Common use of Notice of Achievement; Payment Clause in Contracts

Notice of Achievement; Payment. With respect to each event listed in Section 6.3.1 above, Immunocore shall promptly (and in any event within [***] of such Net Sales Event being met) inform GNE following the achievement of such event by either Immunocore or its Sublicensees. On or after GNE’s receipt of such notice of achievement, GNE shall submit a written invoice to Immunocore for the corresponding Milestone Payment. Each such invoice shall specify the applicable Net Sales Event, and shall be payable within [***] of receipt of an invoice from GNE with respect thereto. To the extent Immunocore elects to have GNE send an invoice to an address other than that specified in Section 15.2, Immunocore shall . provide written notice to GNE thereof.

Notice of Achievement; Payment. With respect to each event listed in Section 6.3.1 13.4.1 above, Immunocore GNE shall promptly (and in any event within [***] of such Net Sales Event being met) inform GNE Immunocore following the achievement of such event by either Immunocore GNE or its Sublicensees. On or after GNEImmunocore’s receipt of such notice of achievement, GNE Immunocore shall submit a written invoice to Immunocore GNE for the corresponding Milestone Payment. Each such invoice shall specify the applicable Net Sales Event, and shall be payable within [***] of receipt of an invoice from GNE Immunocore with respect thereto. To the extent Immunocore GNE elects to have GNE Immunocore send an invoice to an address other than that specified in Section 15.222.2, Immunocore GNE shall . provide written notice to GNE Immunocore thereof.