Skipped Milestones. If at the time any given milestone payment set forth in Section 4.2 is due and one or more preceding milestone payments for logically antecedent milestones have not been paid, then such unpaid antecedent milestone payments shall be paid at such time as well. For example, if at the time an [***] milestone payment is due for a Licensed Product, an [***] milestone payment has not been paid for a Licensed Product, then such [***] milestone payment shall be paid at such time as well.
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Samples: Exclusive License Agreement (Nitromed Inc), Research License and Option Agreement (Nitromed Inc)
Skipped Milestones. If at the time any given milestone payment set forth in Section 4.2 4.4.2 is due and due, one or more preceding milestone payments for logically antecedent milestones have not been paid, then such unpaid antecedent milestone payments shall be paid at such time as well. For example, if at the time an a [***] milestone payment is due for [***] Indication, a Licensed Product, an [***] milestone payment has not been paid for a Licensed Product[***] Indication, then such [***] milestone payment shall be paid at such time as well.
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Samples: Exclusive License Agreement (Nitromed Inc), Exclusive License Agreement (Archemix Corp.)
Skipped Milestones. If at the time any given milestone payment set forth in Section 4.2 4.4.2 is due and due, one or more preceding milestone payments for logically antecedent milestones have not been paid, then such unpaid antecedent milestone payments shall be paid at such time as well. For example, if at the time an [***] milestone payment is due for a Licensed Product, an [***] milestone payment has not been paid for a Licensed Product, then such [***] milestone payment shall be paid at such time as well.
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