Common use of Collaboration Fee Clause in Contracts

Collaboration Fee. Jinghua shall promptly notify Kadmon of the achievement of any of the events achieved in accordance with Section 7.2. All collaboration fees shall be due within *** days after achievement of the applicable event and are non-refundable and non-creditable against any other payments due hereunder.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Kadmon Holdings, LLC), Collaboration and License Agreement (Kadmon Holdings, LLC)