Payment for Research Sample Clauses

Payment for Research. COMPANY will pay UNIVERSITY a total of ____________ dollars ($ ) within thirty (30) days of execution of this Agreement. COMPANY will have no obligation to pay UNIVERSITY for any costs beyond the amount specified in this Article unless there are costs associated with export control licenses as specified in Article 9. All payments shall be made to UNIVERSITY in United States Dollars. For converting payments into United States Dollars COMPANY shall use the average of the closing buying rates of the Xxxxxx Guaranty Trust Company of New York applicable to transactions under exchange regulations for the particular currency on the date payment is due. Invoices shall be sent to: Please Remit to: University of Delaware Cashiers Office, Office of Sponsored Programs 00 Xxxxxx Xxxxxx 116 Student Services Building Xxxxxx, XX 00000 Please make Checks Payable to the University of Delaware. Please include invoice number with your payment. Payment for Exclusivity COMPANY will, within thirty (30) days of execution of this agreement, pay UNIVERSITY $xxxxxxxx, which equals TO BE DETERMINED (TBD) percent (%) of the sponsored research agreement, inclusive of F&A costs. In exchange, UNIVERSITY will and hereby does grant COMPANY exclusive, irrevocable, sub-licensable, worldwide rights to all inventions arising from any of the sponsored research projects under the Agreement that are owned in whole or in part by UNIVERSITY, as specified in Article 8. Licenses are royalty free for COMPANY in each year in which annual sales by COMPANY (and sublicensees) using the inventions licensed hereunder are less than $10 million USD. COMPANY shall pay to UNIVERSITY a royalty equal to 1% of net sales in each year in which annual sales by COMPANY (and sublicensees) using the inventions licensed hereunder exceed $10 million USD. In the event that COMPANY sublicenses its exclusive license hereunder, or any portion thereof, COMPANY may collect royalties and freely assign such sublicenses without the consent of UNIVERSITY. Sublicensee net sales that incorporate the licensed inventions created under this Agreement are included in the determination of annual sales.
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Payment for Research. BioGeneriX shall compensate Neose for performance of the Research by making the following payments to Neose:
Sample 1Sample 2
Payment for Research. The Company will pay the Institute for the Research actually performed for the amount set forth in and based on the Fee Schedule detailed in Attachment B. The Company will make payments to the Institute as and when the Scope of Work in Attachment A is performed. All payments are due within thirty (30) days after Company’s receipt of Institute’s invoice or as otherwise required in the Fee Schedule described in Attachment B.
Sample 1
Payment for Research. In full consideration for CHOP’s performance of the Research, subject to the other terms of this Agreement, WaVe will pay CHOP for Research in accordance with the terms and conditions for compensation described in the relevant SOW. Unless otherwise provided in the “Modifications to Agreement Terms and Conditions” section of an SOW, payment for Research will be made to CHOP on a [***] basis in [***] days after WaVe’s receipt of a detailed invoice from CHOP itemizing all of CHOP’s fees, direct costs and indirect costs for Research. CHOP shall not be entitled to any payment by WaVe in excess of the budgeted amounts set forth in the relevant SOW, unless the excess amount has been approved in advance and in writing by WaVe. Invoices will be provided to WaVe on a [***] basis after work is performed. Invoices should be addressed to WaVe at the following address: Attn: Vice President, Finance Wave Life Sciences 000 Xxxxxxx Xxxxxx Xxxxxx, XX 00000 (USA) [***]
Sample 1
Payment for Research. In exchange for performing the Sponsored Research described herein, Sponsor agrees to pay University a total payment amount of US $128,000 (“Budget”), which payment includes all expense and other related direct costs due by Sponsor to University, but not any associated indirect cost, as consideration for the services provided by University and Investigator under this Agreement. No other amounts shall be due or payable by Sponsor to University or Investigator for performance of the Research. Sponsor does not cover or otherwise pay University overhead or indirect costs. University contributes to this project the sum of US$75,796, shown in Exhibit B, as cost-sharing for the indirect cost of the project, at the federally negotiated rate for performing research at the University that Sponsor is not covering.
Sample 1

Related to Payment for Research

  • Payment for Units If at any time Dairy Holdings elects or is required to purchase any Units pursuant to Section 7, Dairy Holdings shall pay the purchase price for the Units it purchases (i) first, by offsetting indebtedness, if any, owing from the Executive to Dairy Holdings (which indebtedness shall be applied pro rata against the proceeds receivable by each member of the Executive Group receiving consideration in such repurchase) and (ii) then, by Dairy Holdings' delivery of a check or wire transfer of immediately available funds for the remainder of the purchase price, if any, against delivery of the certificates or other instruments representing the Units so purchased, duly endorsed; provided that if such cash payment would result (A) in a violation of any law, statute, rule, regulation, policy, order, writ, injunction, decree or judgment promulgated or entered by any federal, state, local or foreign court or governmental authority applicable to the Company or any of its subsidiaries or any of its or their property or (B) after giving effect thereto, a Financing Default, or (C) if the Board determines in good faith that immediately prior to such purchase there shall exist a Financing Default which prohibits such purchase, dividend or distribution ((A) through (C) collectively the "Cash Deferral Conditions"), the portion of the cash payment so affected may be made by Dairy Holdings' delivery of preferred units of Dairy Holdings with a liquidation preference equal to the balance of the purchase price; which preferred units shall accrue yield annually at the "prime rate" published in The Wall Street Journal on the date of issuance, which yield shall be payable at maturity or upon payment of distributions by Dairy Holdings (other than tax distributions). Each such preferred unit shall as of its issuance be deemed to have basic contributions made with respect to such unit equal to (A) the portion of the cash payment paid by the issuance of such preferred units divided by (B) the number of preferred units so issued in the repurchase. Any such preferred units issued shall be promptly redeemed (i) when the Cash Deferral Condition which prompted their issuance no longer exists, (ii) upon consummation of an IPO of the Company or Holdings (or their successors) (to the extent allowed by the underwriters of such IPO), or (iii) upon a Sale of the Company from net cash proceeds, if any, payable to Dairy Holdings or its unitholders (other than proceeds required to be paid to Holdings); to the extent that sufficient net cash proceeds are not so payable, the preferred units shall be cancelled in exchange for such non-cash consideration received by unitholders in the Sale of the Company having a fair market value equal to the principal of and accrued yield on the preferred units. If a yield is required to be paid on any preferred units prior to maturity and any Cash Deferral Conditions exist, such yield may be cumulated and accrued until and to the extent that such prohibition no longer exists.

  • Payment for Consent Neither the Company nor any Affiliate of the Company shall, directly or indirectly, pay or cause to be paid any consideration, whether by way of interest, fee or otherwise, to any Holder for or as an inducement to any consent, waiver or amendment of any of the terms or provisions of this Indenture or the Securities unless such consideration is offered to be paid to all Holders that so consent, waive or agree to amend in the time frame set forth in solicitation documents relating to such consent, waiver or agreement.

  • Payment for Securities (a) Payment for the Securities in the amount of the Subscription Amount (less any amounts that the Subscriber elects to net against such amount pursuant to the terms of the Side Letter, dated as of the date of the Closing, between the Company, the Subscriber and the other parties thereto) shall be received by the Company from the Subscriber by wire transfer of immediately available funds to the account below prior to the Closing (such account, the “Company Account”). Such payment shall be received into the Company Account no later than December 22, 2011, or such other date thereafter as the Company may designate in writing. Wire Instructions: Bank: HSBC Bank USA 000 0xx Xxxxxx Xxx Xxxx, XX 00000 X.X.X. Swift Address: MRMD US33 Further Credit: HSBC Bank Bermuda Limited Head Office, Front Street Xxxxxxxx XX 11 Bermuda SWIFT: BBDA BMHM Final Credit: Third Point Reinsurance Ltd. Account No.: 000-000000-000 USD

  • Payment for Improvements If payment is made directly to contractors, Tenant shall (i) comply with Landlord's requirements for final lien releases and waivers in connection with Tenant's payment for work to contractors, and (ii) sign Landlord's standard contractor's rules and regulations. If Tenant orders any work directly from Landlord, Tenant shall pay to Landlord an amount equal to five percent of the cost of such work to compensate Landlord for all overhead, general conditions, fees and other costs and expenses arising from Landlord's involvement with such work. If Tenant does not order any work directly from Landlord, Tenant shall reimburse Landlord for Landlord's reasonable, actual, out-of-pocket costs and expenses actually incurred in connection with Landlord's review of such work.

  • Payment for the Notes Payment for the Notes shall be made at the Closing Date by wire transfer of immediately available funds to the order of the Company. It is understood that the Representatives have been authorized, for their own accounts and for the accounts of the several Underwriters, to accept delivery of and receipt for, and make payment of the purchase price for, the Notes that the Underwriters have agreed to purchase. The Representatives may (but shall not be obligated to) make payment for any Notes to be purchased by any Underwriter whose funds shall not have been received by the Representatives by the Closing Date for the account of such Underwriter, but any such payment shall not relieve such Underwriter from any of its obligations under this Agreement.

  • Payment for Securities Sold In its sole discretion and from time to time, the Custodian may credit the Fund Custody Account, prior to actual receipt of final payment thereof, with (i) proceeds from the sale of Securities which it has been instructed to deliver against payment, (ii) proceeds from the redemption of Securities or other assets of the Fund, and (iii) income from cash, Securities or other assets of the Fund. Any such credit shall be conditional upon actual receipt by Custodian of final payment and may be reversed if final payment is not actually received in full. The Custodian may, in its sole discretion and from time to time, permit the Fund to use funds so credited to the Fund Custody Account in anticipation of actual receipt of final payment. Any such funds shall be repayable immediately upon demand made by the Custodian at any time prior to the actual receipt of all final payments in anticipation of which funds were credited to the Fund Custody Account.

  • Payment for the Purchases (a) The Purchase Price for the Purchase of Receivables in existence on the close of business on the Business Day immediately preceding the date hereof (the “Initial Cutoff Date”) shall be payable in full by Buyer to Originator on the date hereof, and shall be paid to Originator in the following manner:

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