Execution Payment. Within [***] Business Days after the Effective Date, Mersana shall pay to Recepta a non-creditable, non-refundable license fee of one million dollars (US$1,000,000).
Appears in 2 contracts
Sources: License, Development and Commercialization Agreement (Mersana Therapeutics, Inc.), License, Development and Commercialization Agreement (Mersana Therapeutics, Inc.)
Execution Payment. Within [***] Business Days after the Effective Date, Mersana shall pay to Recepta a non-creditable, non-refundable license fee of one million dollars (US$1,000,000).
Appears in 1 contract
Sources: License, Development and Commercialization Agreement (Mersana Therapeutics, Inc.)