Common use of Upfront Consideration Royalty Clause in Contracts

Upfront Consideration Royalty. (a) In partial consideration of the right and license granted to ACORDA hereunder, ACORDA shall pay MAYO a fee of [**], due within thirty (30) days after the Effective Date. Such fee shall be non-refundable, and non-creditable against any other royalty or fee payable under this Agreement.

Appears in 4 contracts

Samples: License Agreement (Acorda Therapeutics Inc), License Agreement (Acorda Therapeutics Inc), Option Agreement (Acorda Therapeutics Inc)

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Upfront Consideration Royalty. (a) In partial consideration of the right and license granted to ACORDA hereunder, ACORDA shall pay MAYO a fee of [**]thirty-five thousand dollars ($35,000), due within thirty (30) days after the Effective Date. Such fee shall be non-refundable, and non-creditable against any other royalty or fee payable under this Agreement.

Appears in 1 contract

Samples: License Agreement (Acorda Therapeutics Inc)

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