Common use of SCOPE OF AGREEMENT AND CLOSING DELIVERABLES Clause in Contracts

SCOPE OF AGREEMENT AND CLOSING DELIVERABLES. 2.1 Subject to the terms and conditions hereof, solely with respect to the Program, NovaQuest shall pay Dermavant the NovaQuest Expense-Sharing Payment in exchange for the Quarterly Interest Payments and the right to receive Sales Milestone Interest Payments (when and if earned) from Dermavant as set forth herein.

SCOPE OF AGREEMENT AND CLOSING DELIVERABLES. 2.1 Subject to the terms and conditions hereof, solely with respect to the Program, NovaQuest shall pay Dermavant the NovaQuest Expense-Sharing Payment and the NovaQuest First Subsequent Closing Expense-Sharing Payment in exchange for the Quarterly Interest Payments and the right to receive Sales Milestone Interest Payments (when and if earned) from Dermavant as set forth herein. For the avoidance of doubt, it is agreed that both the Closing and the First Subsequent Closing have occurred.