Upfront, Annual License Maintenance Fee and Milestone Payments. In consideration of the license granted hereunder, Licensee shall pay UM the following non-refundable payments: (a). One-Time Upfront Payment - *** within fifteen (15) days of the Effective Date of this Agreement. Such payments will be paid in four equal installments (each equal to $***), each due on the first day of each of the first four (4) calendar months after the Effective Date.
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Samples: License Agreement (Nemus Bioscience, Inc.), License Agreement (Nemus Bioscience, Inc.), License Agreement (Nemus Bioscience, Inc.)
Upfront, Annual License Maintenance Fee and Milestone Payments. In consideration of the license granted hereunder, Licensee shall pay UM the following non-refundable payments:
(a). One-Time Upfront Payment - *** Two hundred thousand dollars ($200,000) within fifteen (15) days of the Effective Date of this Agreement. Such payments will be paid in four equal installments (each equal to $***), each due on the first day of each of the first four (4) calendar months after the Effective Date.
Appears in 2 contracts
Samples: License Agreement (Emerald Bioscience, Inc.), License Agreement (Emerald Bioscience, Inc.)
Upfront, Annual License Maintenance Fee and Milestone Payments. In consideration of the license granted hereunder, Licensee shall pay UM the following non-refundable payments:
(a). One-Time Upfront Payment - [*** *] ($[***]) within fifteen (15) days of the Effective Date of this Agreement. Such payments will be paid in four equal installments (each equal to $[***]), each due on the first day of each of the first four (4) calendar months after the Effective Date.
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Upfront, Annual License Maintenance Fee and Milestone Payments. In consideration of the license granted hereunder, Licensee shall pay UM the following non-refundable payments:
(a). One-Time Upfront Payment - *** One hundred thousand dollars ($100,000) within fifteen (15) days of the Effective Date of this Agreement. Such payments will be paid in four equal installments (each equal to $***), each due on the first day of each of the first four (4) calendar months after the Effective Date.
Appears in 1 contract
Upfront, Annual License Maintenance Fee and Milestone Payments. In consideration of the license granted hereunder, Licensee shall pay UM the following non-refundable payments:
(a). One-Time Upfront Payment - Payment. *** within fifteen (15) days of the Effective Date of this Agreement. Such payments will be paid in four equal installments (each equal to $***), each due on the first day of each of the first four (4) calendar months after the Effective Date.
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