Common use of Payment Date; Forest’s Election to [*] Clause in Contracts

Payment Date; Forest’s Election to [*]. Upon payment by Forest or its designee to Adamas of all Milestone Payments that have or may come due under Section 6.3 (the date Adamas receives the last of such payments, the “Payment Date”), Forest shall have the right (but not the obligation) to request that [*] and [*] and [*] and [*], and Forest shall make such request by providing written notification to Adamas thereof within [*] after the Payment Date. In the event Adamas receives such written notification from Forest within [*] after the Payment Date, Adamas shall: (i) promptly [*] within [*] of receipt of written notification from Forest requesting [*]; and (ii) cooperate fully with Forest [*] or [*] and [*] as contemplated in this Section 2.1(b), including [*]. For any [*] and [*] (either [*] or [*], or [*]), the [*] shall [*] following the Payment Date and [*].

Appears in 2 contracts

Samples: License Agreement (Adamas Pharmaceuticals Inc), License Agreement (Adamas Pharmaceuticals Inc)

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Payment Date; Forest’s Election to [*]. Upon payment by Forest or its designee to Adamas of all Milestone Payments that have or may come due under Section 6.3 (the date Adamas receives the last of such payments, the “Payment Date”), Forest shall have the right (but not the obligation) to request that [*[ * ] and [*[ * ] and [*[ * ] and [*[ * ], and Forest shall make such request by providing written notification to Adamas thereof within [*[ * ] after the Payment Date. In the event Adamas receives such written notification from Forest within [*[ * ] after the Payment Date, Adamas shall: (i) promptly [*[ * ] within [*[ * ] of receipt of written notification from Forest requesting [*[ * ]; and (ii) cooperate fully with Forest [*[ * ] or [*[ * ] and [*[ * ] as contemplated in this Section 2.1(b), including [*[ * ]. For any [*[ * ] and [*[ * ] (either [*[ * ] or [*[ * ], or [*[ * ]), the [*[ * ] shall [*[ * ] following the Payment Date and [*[ * ].

Appears in 1 contract

Samples: License Agreement (Adamas Pharmaceuticals Inc)

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Payment Date; Forest’s Election to [*]. Upon payment by Forest or its designee to Adamas of all Milestone Payments that have or may come due under Section 6.3 (the date Adamas Xxxxxx receives the last of such payments, the “Payment Date”), Forest shall have the right (but not the obligation) to request that [*] and [*] and [*] and [*], and Forest shall make such request by providing written notification to Adamas thereof within [*] after the Payment Date. In the event Adamas Xxxxxx receives such written notification from Forest within [*] after the Payment Date, Adamas shall: (i) promptly [*] within [*] of receipt of written notification from Forest requesting [*]; and (ii) cooperate fully with Forest [*] or [*] and [*] as contemplated in this Section 2.1(b), including [*]. For any [*] and [*] (either [*] or [*], or [*]), the [*] shall [*] following the Payment Date and [*].

Appears in 1 contract

Samples: Development, Licensing and Marketing Agreement

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