Common use of FEE AND MILESTONE PAYMENTS Clause in Contracts

FEE AND MILESTONE PAYMENTS. 4.1 Initial Fee. In connection with the funding of research of Collaboration Product, Aventis shall pay to Avalon * within * of signing of this Agreement by the Parties, which amount is non-refundable and non-creditable.

Appears in 2 contracts

Sources: Collaboration and License Agreement (Avalon Pharmaceuticals Inc), Collaboration and License Agreement (Avalon Pharmaceuticals Inc)