Payments and Royalties for Licenses. (a) One-Time Fee. Company shall pay to CyDex a non-refundable, one-time fee of three hundred thousand dollars ($300,000) in partial consideration of the rights granted Company under this License and Supply Agreement, which amount shall be due and payable in full upon the Effective Date.
Payments and Royalties for Licenses. (a) One-Time Fee. Within [***] ([***]) business days after the Effective Date, Spectrum shall pay to CyDex a non-refundable, one-time fee of Three Million Dollars (US$3,000,000) in partial consideration of the rights granted Spectrum under this Agreement.
Payments and Royalties for Licenses. (a) One-Time Fee. Company shall within 10 days after the Effective Date pay CyDex [***] in cash as an upfront license fee for this Agreement. Such upfront license fee shall be non-refundable and shall be deemed to be in partial consideration of the rights granted to Company under this Agreement.
Payments and Royalties for Licenses. (a) One-Time Fee. Proteolix shall pay to CyDex a [ ** ] one-time fee of [ ** ] dollars ($[ ** ]) in partial consideration of the rights granted Proteolix under this Agreement, which amount shall be due and payable in full upon the Effective Date.
Payments and Royalties for Licenses. (a) [***]
(b) [***] Upon Company’s filing of an NDA with the FDA for a Licensed Product $200,000 Upon Company’s receipt of Marketing Approval in the United States for a Licensed Product $1,000,000 Upon Company’s receipt of Marketing Approval in the European Union for a Licensed Product $550,000 Upon Company’s receipt of Marketing Approval in Japan for a Licensed Product $200,000 [***]
(c) No Royalties. Company shall not be required to make royalty payments to CyDex during the Term.
Payments and Royalties for Licenses. (A) ONE-TIME FEE. Company shall pay to CyDex a non-refundable, non-creditable, one-time fee of FIFTY THOUSAND U.S. DOLLARS ($50,000) in partial consideration of the rights granted Company under this Agreement, which amount shall be due and payable in full upon the Effective Date.
Payments and Royalties for Licenses. (a) One-Time Fee. Upon the exercise of its option under the License Agreement to enter into this Agreement and the related Supply Agreement, Sage has paid to CyDex a non-refundable, one-time option exercise fee. Receipt of such fee is hereby acknowledged.
Payments and Royalties for Licenses. (a) [***]
Payments and Royalties for Licenses. (a) One-Time Fee. Company shall forthwith (but in no event later than 10 days after delivery of the corresponding invoice sent by CyDex after the Effective Date) pay to CyDex a non-refundable, non-creditable, one-time cash fee of $*** in partial consideration of the rights granted to Company under this Agreement. CERTAIN CONFIDENTIAL PORTIONS OF THIS EXHIBIT WERE OMITTED AND REPLACED WITH “[***]”. A COMPLETE VERSION OF THIS EXHIBIT HAS BEEN FILED SEPARATELY WITH THE SECRETARY OF THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO AN APPLICATION REQUESTING CONFIDENTIAL TREATMENT PURSUANT TO RULE 24B-2 PROMULGATED UNDER THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.
Payments and Royalties for Licenses. (a) One-Time Fee. Within [***] ([***]) business days after the Effective Date, Spectrum shall pay to CyDex a non-refundable, one-time fee of Three Million Dollars (US$3,000,000) in partial consideration of the rights granted Spectrum under this Agreement. (b) Milestone Payments. Within [***] ([***]) days following the occurrence of each of the milestone events listed below with respect to the Licensed Product, Spectrum shall provide written notice to CyDex of the achievement of such milestone event, and within [***] ([***]) days of the occurrence of each of the milestone events, pay to CyDex the applicable non-refundable milestone fee listed next to each such event in further consideration of the rights granted Spectrum under this Agreement. The milestone payments (each payable only one time regardless of the number of times achieved by the Licensed Product and regardless of the number of the Licensed Products there may be) are as follows: MILESTONE MILESTONE PAYMENT
(i) Upon receipt of the first Marketing Approval from the FDA US$[***]
(ii) Annual Net Sales in the Territory exceed US$[***] US$[***]
(iii) Annual Net Sales in the Territory exceed US$[***] US$[***]
(iv) Annual Net Sales in the Territory exceed US$[***] US$[***]