Common use of Development Milestone Payments Clause in Contracts

Development Milestone Payments. During the Term, upon the achievement by or on behalf of Lian or its Affiliates or Sublicensees of any milestone event set forth in Table 9.3 for the Licensed Product, Lian will notify Nanobiotix promptly after the occurrence thereof, and Lian will pay Nanobiotix the corresponding milestone payment set forth in Table 9.3 no later than [***] days after its achievement of such milestone event. Table 9.3 – Development Milestones Development Milestone Event Development Milestone Payment (in USD) 1. [***] [***]

Appears in 2 contracts

Samples: License, Development and Commercialization Agreement, License, Development and Commercialization Agreement (LianBio)

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Development Milestone Payments. During the Term, upon the achievement by or on behalf of Lian or its Affiliates or Sublicensees of any milestone event set forth in Table 9.3 for the Licensed Product, Lian will notify Nanobiotix promptly after the occurrence thereof, and Lian will pay Nanobiotix the corresponding milestone payment set forth in Table 9.3 no later than [***] days after its achievement of such milestone event. Table 9.3 – Development Milestones Development Milestone Event Development Milestone Payment (in USD) 1. [***] [***].

Appears in 2 contracts

Samples: License, Development and Commercialization Agreement (Nanobiotix S.A.), License, Development and Commercialization Agreement (Nanobiotix S.A.)

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