Common use of Discovery Tools Clause in Contracts

Discovery Tools. TDCC will make payments to Symyx DTools for Discovery Tools Systems purchased as set forth in Article 7, with * of the anticipated Tools Price due within * after execution of a definitive agreement for a particular Discovery Tools System as described in Section 7.3, and the remainder of the actual Tools Price due within * after the delivery and validation of such Discovery Tools System as described in Section 7.3, unless otherwise agreed.

Appears in 2 contracts

Sources: Alliance, Technology Transfer, Research and License Agreement (Accelrys, Inc.), Alliance, Technology Transfer, Research and License Agreement (Symyx Technologies Inc)