Common use of Settlement of Payment Clause in Contracts

Settlement of Payment. SBL shall be compensated no later than sixty (60) days after a termination for: (i) all Service Fees incurred up to the date of termination including the Service Fees for completing the Manufacture of Product-in-process, subject however to Section 14.3.3(b) below; (ii) all costs incurred through the date of termination, including the costs of procuring Raw Materials used or purchased for use in connection with Services; and (iii) any unreimbursed procurement fee of additional equipment that SBL has purchased on behalf of Client pursuant to Section 4.4.

Appears in 1 contract

Samples: Master Services Agreement (Environmental Impact Acquisition Corp)

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Settlement of Payment. SBL shall be compensated no later than sixty (60) [* * *] days after a termination for: (i) all undisputed Service Fees incurred up to the date of termination including the undisputed Service Fees for completing the Manufacture of Product-in-process, subject however to Section 14.3.3(b) below; (ii) all costs incurred through the date of termination, including the costs of procuring Raw Materials used or purchased for use in connection with Services; and (iii) any unreimbursed procurement fee of additional equipment that SBL has purchased on behalf of Client pursuant to Section 4.4.

Appears in 1 contract

Samples: Master Services Agreement (Immunovant, Inc.)

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Settlement of Payment. SBL shall be compensated no later than sixty (60) [***] days after a termination for: (i) all Service Fees incurred up to the date of termination including the Service Fees for completing the Manufacture of Product-in-process, subject however to Section 14.3.3(b) below;; ​ (ii) all costs incurred through the date of termination, including the costs of procuring Raw Materials used or purchased for use in connection with Services; and (iii) any unreimbursed procurement fee of additional equipment that SBL has purchased on behalf of Client pursuant to Section 4.4.

Appears in 1 contract

Samples: Master Services Agreement (Kiniksa Pharmaceuticals International, PLC)

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