Common use of Notice of Event Milestone Achievement; Milestone Payments Clause in Contracts

Notice of Event Milestone Achievement; Milestone Payments. Licensee shall notify Inhibrx in writing within [***] following the achievement of each milestone event set forth in Section 4.4. Inhibrx shall submit an invoice to Licensee for each milestone payment that corresponds to the achievement of any milestone event upon receipt of such notifications, and Licensee shall make the corresponding milestone payment within [***] after receipt of such invoice.

Appears in 2 contracts

Samples: Option and License Agreement (Inhibrx, Inc.), Option and License Agreement (Inhibrx, Inc.)

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Notice of Event Milestone Achievement; Milestone Payments. Licensee shall notify Inhibrx in writing within [***] ([***]) [***]following the achievement of each milestone event set forth in Section 4.45.2. Inhibrx shall submit an invoice to Licensee for each milestone payment that corresponds to the achievement of any milestone event upon receipt of such notifications, and Licensee shall make the corresponding milestone payment within [***] ([***]) [***] after receipt of such invoice.

Appears in 2 contracts

Samples: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)

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