Common use of Upon Approval Clause in Contracts

Upon Approval. Within ten (10) Business days of receipt by Auxilium, its Affiliate or Sublicensee of the first Regulatory Approval from the FDA for an Exercised Indication, Auxilium shall make the following milestone payments to BTC on a per Indication basis: $[**] [**] $[**] [**] $[**] [**] $[**] [**] $[**] [**]

Appears in 3 contracts

Sources: Development, Commercialization and Supply Agreement (Auxilium Pharmaceuticals Inc), Development, Commercialization and Supply Agreement (Auxilium Pharmaceuticals Inc), Development and License Agreement (Auxilium Pharmaceuticals Inc)

Upon Approval. Within ten (10) Business days of receipt by Auxilium, its Affiliate or Sublicensee Auxilium of the first Regulatory Approval from the FDA for an Exercised Indication, Auxilium shall make the following milestone payments to BTC on a per Indication basis: $[**] [**] $[**] [**] $[**] [**] $[**] [**] $[**] [**]Each Additional Indication

Appears in 2 contracts

Sources: Development and License Agreement (Auxilium Pharmaceuticals Inc), Development and License Agreement (Auxilium Pharmaceuticals Inc)

Upon Approval. Within ten (10) Business days of receipt by Auxilium, its Affiliate or Sublicensee of the first Regulatory Approval from the FDA for an Exercised Indication, Auxilium shall make the following milestone payments to BTC on a per Indication basis: $[***] $[***] [***] $[***] $[***] $[**] [**] $[**] [**] $[**] [**]

Appears in 1 contract

Sources: Development and License Agreement (Biospecifics Technologies Corp)