Payment for Additional Beta-Thal Lentiviral Vector Batches Sample Clauses

Payment for Additional Beta-Thal Lentiviral Vector Batches. As of this Amendment No. 2 Effective Date, the agreed-upon development plan for the Beta-Thal Program includes a total of [***] batches of lentiviral vector for the development activities to be conducted by Telethon-HSR for the Beta-Thal Program. [***]. In the event *** Confidential Treatment Requested *** 147 that Telethon-HSR determines that additional batches of lentiviral vector (i.e. more than [***]) are needed to conduct the Beta-Thal Program clinical studies through to the conclusion of the [***] Study, Telethon-HSR will notify GSK in writing via the JSC and the Parties will discuss and agree upon the timing and number of additional lentiviral vector to be ordered for the Beta-Thal Program. If the Parties agree that additional batches of vector are needed, then Telethon-HSR will be responsible for the order and payment of any such additional agreed-upon lentiviral vector batches for the Beta-Thal Program. GSK will reimburse Telethon-HSR for the costs of each such agreed upon additional lentiviral vector batch at a rate of [***] per batch, as follows: Telethon-HSR will invoice GSK for the costs of such additional lentiviral vector batch following payment of such batch by Telethon-HSR. GSK will pay such invoiced amount within the first [***] of the month that is [***] following receipt of such invoice by Telethon-HSR. GSK will thereafter deduct [***] of such amounts paid by GSK (the “Telethon-HSR portion”) from future royalty payments due from GSK to Telethon-HSR for the Beta-Thal Program, such amounts to be deducted from each future royalty payment until the total Telethon-HSR portion has been exhausted. For the avoidance of doubt, in the event that the Option is not exercised by GSK with respect to the Beta-Thal Program, GSK shall not be entitled to request Telethon-OSR to refund the Telethon-HSR portion.
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Payment for Additional Beta-Thal Lentiviral Vector Batches. As of this Amendment No 6 Effective Date:
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Related to Payment for Additional Beta-Thal Lentiviral Vector Batches

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