Payment Forms definition
Examples of Payment Forms in a sentence
In partial consideration of the licenses granted hereunder, Otsuka shall pay to 4DMT a one-time, non-refundable, non-creditable upfront payment of eighty-five million Dollars ($85,000,000) within [ * ] ([ * ]) Business Days after receipt of 4DMT’s invoice for such amount and, subject to Section 8.10(b)(ii), Payment Forms for such payment received after the Effective Date.
For clarity, in the event that 4DMT does not provide any such Payment Forms together with its invoice, Otsuka shall make such upfront payment to 4DMT in accordance with Section 8.10(b)(ii).
For clarity, in the event that 4DMT does not provide any such Payment Forms together with its invoice, Otsuka shall make such royalty payments to 4DMT in accordance with Section 8.10(b)(ii).
Otsuka shall pay to 4DMT the royalties owed with respect to Net Sales for each Calendar Quarter, if any, and, if any sales milestone event under Section 8.7 has been achieved during such Calendar Quarter, the corresponding sales milestone payments under Section 8.7 within [ * ] ([ * ]) days after receiving 4DMT’s invoice therefor, issued after 4DMT’s receipt of the written statement for such Calendar Quarter and, subject to Section 8.10(b)(ii), updated Payment Forms if previous Payment Forms are expired.
If one or more Payment Forms previously provided has expired at the time of the applicable invoice, 4DMT shall provide such updated Payment Forms together with the invoice.