Up-Front Fee. Within [***] following the Effective Date, Vertex will pay Company a one-time up-front fee of [***], which fee will be non-refundable, non-creditable and not subject to set-off. The Parties hereby acknowledge that part of such up-front fee is reimbursement of past expenses of Company.
Appears in 3 contracts
Samples: Sublicense Agreement (Entrada Therapeutics, Inc.), Sublicense Agreement (Entrada Therapeutics, Inc.), Sublicense Agreement (Entrada Therapeutics, Inc.)
Up-Front Fee. Within [***] following the Effective Date, Vertex will pay Company a one-time up-front fee of [***]time, which fee will be non-refundable, non-creditable and creditable, up-front fee of $50,000,000 that is not subject to set-off. The Parties hereby acknowledge that part of such up-front fee is reimbursement of past expenses of Company.
Appears in 1 contract
Samples: Master Collaboration Agreement (Kymera Therapeutics, Inc.)
