Upfront Payment and Equity Investment. (a) BMS shall pay CytomX a signing payment of fifty million Dollars ($50,000,000) within [***] after the Effective Date. Such payment shall be noncreditable and nonrefundable.
Appears in 3 contracts
Samples: Collaboration and License Agreement (CytomX Therapeutics, Inc.), Collaboration and License Agreement (CytomX Therapeutics, Inc.), Collaboration and License Agreement (CytomX Therapeutics, Inc.)
Upfront Payment and Equity Investment. (a) BMS shall pay CytomX a signing payment of fifty million Dollars ($50,000,000) within [***] ten (10) Business Days after the Effective Date. Such payment shall be noncreditable and nonrefundable.
Appears in 2 contracts
Samples: Collaboration and License Agreement (CytomX Therapeutics, Inc.), Collaboration and License Agreement (CytomX Therapeutics, Inc.)
