Common use of Product Development Milestones Clause in Contracts

Product Development Milestones. Licensee agrees to pay and shall pay to CSMC the following non-creditable, non-refundable product development milestone payments within sixty (60) days of the first occurrence of the following milestones (or their equivalents):

Appears in 2 contracts

Samples: Exclusive License Agreement (Kairos Pharma, LTD.), Exclusive License Agreement (Kairos Pharma, LTD.)

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Product Development Milestones. Licensee agrees to pay and shall pay to CSMC the following non-creditable, non-refundable product development milestone payments within sixty (60) days of the first occurrence of the following milestones a milestone (or their equivalentsits equivalent):

Appears in 2 contracts

Samples: Exclusive License Agreement (9 Meters Biopharma, Inc.), Exclusive License Agreement (Synthetic Biologics, Inc.)

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