{"component": "clause", "props": {"groups": [{"snippet": "For each Isis Reserved Target for which Isis exercises its option granted pursuant to Section 6.2, Isis will pay Alnylam an irrevocable, noncreditable and non-refundable option fee of $[**] due upon the date of exercise. Isis may credit any $[**] payment made under Section 6.4(a) for the Target Slot occupied by such Reserved Target against this option fee. 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In the event that Purchaser exercises the Option, the Option Fee shall not be applied to the purchase price of the Premises. 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Such payment shall be payable within [***] ([***]) Business Days after receipt by Novartis of an original invoice from Akcea for such amount and in the form attached hereto as Exhibit X, which original invoice shall be issued no earlier than the Effective Date.", "size": 5, "snippet_links": [{"key": "granted-to", "type": "clause", "offset": [32, 42]}, {"key": "pay-to", "type": "definition", "offset": [78, 84]}, {"key": "execution-by-the-parties", "type": "clause", "offset": [96, 120]}, {"key": "this-agreement", "type": "clause", "offset": [124, 138]}, {"key": "payment-of", "type": "definition", "offset": [150, 160]}, {"key": "upfront-option-fee", "type": "clause", "offset": [212, 230]}, {"key": "payable-within", "type": "definition", "offset": [256, 270]}, {"key": "by-novartis", "type": "clause", "offset": [313, 324]}, {"key": "original-invoice", "type": "definition", "offset": [331, 347]}, {"key": "attached-hereto-as-exhibit", "type": "definition", "offset": [391, 417]}, {"key": "the-effective-date", "type": "clause", "offset": [476, 494]}], "samples": [{"hash": "6vY4nP7xmDX", "uri": "/contracts/6vY4nP7xmDX#option-fee", "label": "Collaboration and Option Agreement", "score": 35.0734024048, "published": true}, {"hash": "lwg6mb8rfTi", "uri": "/contracts/lwg6mb8rfTi#option-fee", "label": "Strategic Collaboration, Option and License Agreement (Ionis Pharmaceuticals Inc)", "score": 28.3511295319, "published": true}, {"hash": "cIfi7ZSFifj", "uri": "/contracts/cIfi7ZSFifj#option-fee", "label": "Strategic Collaboration, Option and License Agreement (Akcea Therapeutics, Inc.)", "score": 28.2717323303, "published": true}], "hash": "e8577be805dbd27f950d87225e91dcd7", "id": 5}, {"snippet": "(1) The Joint Venturers will pay the Option Fee to the Water Authority in accordance with the provisions of this clause.\n(2) No Option Fee will be payable in respect of the Option Term prior to 1 January 1995.\n(3) Subject to the provisions of this Part, the Option Fee will be payable by the Joint Venturers to the Water Authority quarterly in advance, with the first quarterly payment of the Option Fee being due in respect of the Quarter commencing on 1 January 1995.", "size": 27, "snippet_links": [{"key": "joint-venturers", "type": "definition", "offset": [8, 23]}, {"key": "the-option", "type": "clause", "offset": [33, 43]}, {"key": "water-authority", "type": "definition", "offset": [55, 70]}, {"key": "in-accordance-with", "type": "definition", "offset": [71, 89]}, {"key": "this-clause", "type": "clause", "offset": [108, 119]}, {"key": "no-option", "type": "clause", "offset": [125, 134]}, {"key": "in-respect-of", "type": "definition", "offset": [155, 168]}, {"key": "option-term", "type": "definition", "offset": [173, 184]}, {"key": "prior-to", "type": "clause", "offset": [185, 193]}, {"key": "january-1995", "type": "clause", "offset": [196, 208]}, {"key": "subject-to-the-provisions", "type": "clause", "offset": [214, 239]}, {"key": "in-advance", "type": "clause", "offset": [341, 351]}, {"key": "payment-of-the", "type": "clause", "offset": [378, 392]}, {"key": "commencing-on", "type": "clause", "offset": [440, 453]}], "samples": [{"hash": "9MUjy77n7Q7", "uri": "/contracts/9MUjy77n7Q7#option-fee", "label": "Morley Shopping Centre Redevelopment Agreement", "score": 31.3390369415, "published": true}, {"hash": "iPIwokpkaJg", "uri": "/contracts/iPIwokpkaJg#option-fee", "label": "Morley Shopping Centre Redevelopment Agreement Act 1992", "score": 31.2678661346, "published": true}, {"hash": "iYSXhB5Ty2N", "uri": "/contracts/iYSXhB5Ty2N#option-fee", "label": "Morley Shopping Centre Redevelopment Agreement Act 1992", "score": 31.2651290894, "published": true}], "hash": "76c84fed2fb2477b265897462790357b", "id": 1}, {"snippet": "No later than three (3) calendar days after the ---------- execution of this Agreement by Optionor and Optionee, Optionee shall pay to Optionor the sum of One Hundred Dollars ($100) (the \"OPTION FEE\"). The Option Fee is non-refundable (except as otherwise expressly provided in this Agreement); provided that, the Option Fee shall be credited against the Purchase -------- ---- Price (as defined in Section 3 below) payable at Closing (as defined in Section --------- ------- 4(a) below). ----", "size": 4, "snippet_links": [{"key": "days-after", "type": "definition", "offset": [33, 43]}, {"key": "execution-of-this-agreement", "type": "clause", "offset": [59, 86]}, {"key": "by-optionor", "type": "clause", "offset": [87, 98]}, {"key": "pay-to", "type": "definition", "offset": [128, 134]}, {"key": "sum-of", "type": "clause", "offset": [148, 154]}, {"key": "the-option", "type": "clause", "offset": [202, 212]}, {"key": "in-this-agreement", "type": "definition", "offset": [275, 292]}, {"key": "provided-that", "type": "clause", "offset": [295, 308]}, {"key": "the-purchase", "type": "clause", "offset": [351, 363]}, {"key": "in-section-3", "type": "clause", "offset": [396, 408]}, {"key": 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