Common use of Financial Milestones Clause in Contracts

Financial Milestones. Company shall pay to University the following non- cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee.

Appears in 3 contracts

Samples: Patent License Agreement (Genocea Biosciences, Inc.), Patent License Agreement (Genocea Biosciences, Inc.), Patent License Agreement (Genocea Biosciences, Inc.)

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Financial Milestones. Company shall will pay to University the following non-cumulative, non- cumulative creditable, and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee.: Milestone $ $ $ $

Appears in 3 contracts

Samples: Fast Start License Agreement, License Agreement, License Agreement

Financial Milestones. Company shall pay to University the following non- non-cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee: A3.4.1 $35,000.00 USD within 30 days after achieving Milestone 2 A.4.2. $70,000.00 within 30 days after achieving $1 Million in Net Sales of Licensed Products.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (HyperSciences, Inc.)

Financial Milestones. Company shall will pay to University the following non-cumulative, non- cumulative creditable, and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee.: Milestone [$**] [$**] [$**] [$**] [$**]

Appears in 1 contract

Samples: Faster Flight Startup License Agreement

Financial Milestones. Company shall pay to University the following non- non-cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee.. For clarity, payments will be due only once in respect of the first achievement of the milestones below for a Licensed Product, regardless of the number of Licensed Products to achieve the milestone. A3.5.2. [XXX] A3.5.3. [XXX] A3.5.4. [XXX] A3.5.5. [XXX]

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Solid Biosciences, LLC)

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Financial Milestones. Company shall will pay to University the following non- cumulative non-cumulative, non-creditable, and non-refundable milestone achievement payments within 30 [***] days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee.. [***]

Appears in 1 contract

Samples: Up License Agreement (Sana Biotechnology, Inc.)

Financial Milestones. Company shall pay to University the following non- non-cumulative and non-refundable milestone achievement payments within 30 days of achieving the corresponding milestone, whether achieved by Company or a Sublicensee. For clarity, payments will be due only once in respect of the first achievement of the milestones below for a Licensed Product, regardless of the number of Licensed Products to achieve the milestone.

Appears in 1 contract

Samples: Exclusive Patent License Agreement (Solid Biosciences Inc.)

Financial Milestones. Company shall pay to University the following non- cumulative noncreditable, non-cumulative, and non-refundable milestone achievement payments within 30 thirty (30) days of achieving the corresponding milestone, whether achieved by Company or a its Sublicensee.:

Appears in 1 contract

Samples: Patent License Agreement (Phaserx, Inc.)

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