Option Exercise Fee definition

Option Exercise Fee has the meaning set forth in Section 5.3.
Option Exercise Fee. The fee set forth in Section 4.05(c).
Option Exercise Fee shall have the meaning set forth in Section 10.2.

Examples of Option Exercise Fee in a sentence

  • Notwithstanding any requirements that would otherwise apply under Section 2.6 of the Agreement (all of which are deemed satisfied and waived as of the Amendment Effective Date), United Therapeutics’ exercise of the Option with respect to [***] shall be effective upon ▇▇▇▇▇▇▇▇’s timely receipt of this $5,000,000 Option Exercise Fee.

  • The Option Exercise Fee for [***] ($5,000,000) (as amended by Section 5(e) of this Amendment) shall be paid by United Therapeutics to MannKind within five (5) Business Days following the Amendment Effective Date.

  • For clarity, the exercise of the Withdrawal Option shall not release United Therapeutics from its obligation to pay, or deprive MannKind of its right to receive, an Option Exercise Fee, Milestone Payment or royalty payment that, prior to the exercise of the Withdrawal Option, has already accrued to such Party or which is attributable to a period prior to the exercise of the Withdrawal Option.


More Definitions of Option Exercise Fee

Option Exercise Fee means [***].
Option Exercise Fee means, with respect to each Optioned Agent, a non-refundable, non-creditable fee of $[***].
Option Exercise Fee means the fee payable by GSK on exercise of an Option as set out in Section 6.2.
Option Exercise Fee has the meaning given to it in the SAR Contract.
Option Exercise Fee is defined in Section 2.2(b).
Option Exercise Fee has the meaning set forth in the Development and Option Agreement.
Option Exercise Fee has the meaning given in Section 3.1 of this Agreement.