Research Payments Sample Clauses
The Research Payments clause defines the terms and conditions under which payments are made for research-related activities or services. Typically, this clause outlines the schedule, method, and documentation required for disbursing funds, such as milestone achievements, submission of invoices, or completion of specific research tasks. Its core practical function is to ensure that both parties have a clear understanding of when and how payments will be made, thereby reducing the risk of disputes and ensuring smooth financial management throughout the research project.
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Research Payments. In support of Tularik's activities in the Research Program, JT shall pay Tularik (i)(A) [ * ]; and, unless the Research Program is previously terminated as provided in Section 2(g), [ * ]. Any payments made by JT to Tularik pursuant to this Section 10(a) shall not affect in any way the calculation of [ * ].
Research Payments. No later than [***] after the conclusion of each Calendar Quarter, HMI will provide to NVS a report of the HMI Research Costs actually incurred in performing its activities under each Research Plan during the most recently completed Calendar Quarter, which will include a breakdown of Internal Costs and External Costs actually incurred by HMI during such Calendar Quarter, including the applicable Manufacturing Costs along with a written invoice for the amount due in accordance with this Section 3.8 (Research Funding) for such Calendar Quarter. NVS will pay to HMI the undisputed amounts set forth in any such invoice within [***] of NVS’ receipt of such invoice.
Research Payments. Each Party shall be solely responsible for all costs it incurs to conduct its activities under the Research Plan, except as follows. For each time during the Research Term in which PeptiDream supplies to RayzeBio more than a cumulative total of [***] of any particular Selected Conjugate pursuant to Section 5.1, RayzeBio shall pay to PeptiDream the amount agreed by the Parties for such supply within [***] after receipt of an invoice issued by PeptiDream following the end of each Calendar Quarter in which such supply is provided.
Research Payments. In consideration of the Research to be performed by Geron pursuant to this Agreement, P&U shall pay to Geron the following non-refundable amounts as payment for the expenses related to such Research on the dates such payments are due:
(a) U.S. $1.25 million in cash due within ten (10) business days after the Effective Date of this Agreement for research expenses to be incurred from the Effective Date of this Agreement until June 30, 1997; and * Certain portions of this Exhibit have been omitted for which confidential treatment has been requested and filed separately with the Securities and Exchange Commission. 40
(b) U.S. $1.25 million in cash due quarterly on July 1, October 1, January 1 and April 1 thereafter during the Research Term for research expenses to be incurred for the calendar quarter following such date.
Research Payments. If Archemix agrees to perform work pursuant to Section 3.2, the following provisions will apply:
Research Payments. Pfizer shall pay Archemix the aggregate FTE Cost for all FTEs expended by Archemix in activities under this Section 3.5.1, based on the FTE Rate, such payments to be made [***] as agreed to in the Research Plan. At the time(s) agreed to by the parties, Archemix shall provide Pfizer with reconciliation statements that specify the actual number of FTEs used by Archemix.
Research Payments. (a) Subject to the terms and conditions of this Agreement, and due diligence and good faith efforts of RPI in meeting the goals of the Research Plan, Schering shall pay RPI US$2,000,000 ("Research Payments") per year of the Term at the rate of US$500,000 at the beginning of each quarter.
(b) Except for the last quarter of the Term, Research Payments shall be made quarterly at the beginning of each quarter. The last quarterly Research Payment shall be made thirty (30) days after receipt by Schering of the final written research report from RPI.
Research Payments. In support of Terrapin's activities under the Research Program, Sanwa shall pay Terrapin (i) [ * ] within five (5) business days after the [ * ] (ii) [ * ] within five (5) business days after the [ * ] and (iii) [ * ] within five (5) business days after the [ * ] In the event this Agreement shall be terminated within a [ * ] period following any of the foregoing payment dates, then Terrapin shall [ * ] under this Section 5.3 in respect of such payment date. Such [ * ] shall equal [ * ] where X equals [ * ] [ * ] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 406 of the Securities Act of 1933, as amended.
Research Payments. During the Research Term, Bracco shall make quarterly research payments to Dyax with an annual minimum of $3,000,000. Such payments shall be based on the number of FTEs assigned to Bracco, at the rate of $***** per year for each of the first ***** FTEs assigned to Bracco, and $***** per year for any FTE assigned above the first *****. Payments shall be due within sixty (60) days of receipt of an invoice from Dyax showing the number of FTEs assigned to Bracco during the previous quarter. In addition, Bracco shall reimburse Dyax for any mutually agreed upon out-of-pocket external expenses incurred during the Research Term. Dyax shall maintain records of the FTEs assigned to Bracco and shall require the FTEs to report on an ongoing basis the results of their work.
Research Payments. On or before (a) March 15 of 2015, (b) on March 15 of each subsequent calendar year during the term of this Agreement, and (c) within thirty (30) days following the expiration or earlier termination of this Agreement, Researcher shall deliver to Pioneer a properly prepared and accurate invoice (with reasonable supporting documentation) for the amount to be paid by Pioneer (each, a "Research Payment") for the Services provided by Researcher during the Research Year ending in such calendar year or, in the event of the expiration or earlier termination of this Agreement, for the remaining outstanding amounts due thereon, as applicable, which amount for each such Research Year or portion thereof shall be calculated in accordance with Exhibit C. Payment terms for the Services provided hereunder shall be net fifteen (15) days from Pioneer's receipt of the properly prepared and accurate invoice (with reasonable supporting documentation). All payments by Pioneer pursuant to this Agreement may be offset by Pioneer in accordance with the Production Agreement.