Common use of Upfront Payment Clause in Contracts

Upfront Payment. Within one (1) Business Days after the Effective Date, Adapt shall pay Lightlake an upfront amount equal to Five Hundred Thousand Dollars ($500,000). Such payment shall be nonrefundable and noncreditable against any other payments due hereunder.

Appears in 8 contracts

Sources: License Agreement (Emergent BioSolutions Inc.), License Agreement, License Agreement (Emergent BioSolutions Inc.)