Common use of Initial Fee Clause in Contracts

Initial Fee. In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date.

Appears in 3 contracts

Samples: License Agreement (Voyager Therapeutics, Inc.), License Agreement (Voyager Therapeutics, Inc.), License Agreement (Voyager Therapeutics, Inc.)

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Initial Fee. In consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 within [500,000, of which ***] after *will be paid upon the Effective Date and ****will be paid upon the **** of the ****provided that such **** portion of the initial fee will be immediately payable upon any termination of this Agreement prior to the **** of the Effective Date.

Appears in 2 contracts

Samples: License Agreement (REGENXBIO Inc.), License Agreement (REGENXBIO Inc.)

Initial Fee. In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] * after the Effective Date.

Appears in 2 contracts

Samples: License Agreement (REGENXBIO Inc.), License Agreement (REGENXBIO Inc.)

Initial Fee. In consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 within [2,000,000, which shall be payable as follows: (i) ***] * upon the Effective Date, (ii) **** within **** after the Effective Date, and (iii) **** within **** after the Effective Date; provided that any unpaid portion of the initial fee will be immediately payable upon any termination of this Agreement.

Appears in 2 contracts

Samples: License Agreement (AveXis, Inc.), License Agreement (AveXis, Inc.)

Initial Fee. In partial consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 7,000,000 within [***] after * * * of the Effective Date.

Appears in 1 contract

Samples: License Agreement (Rocket Pharmaceuticals, Inc.)

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Initial Fee. In partial consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 6,000,000, which shall be payable within [***] * after the Effective Date.

Appears in 1 contract

Samples: License Agreement (AveXis, Inc.)

Initial Fee. In partial consideration of the options and rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date600,000.

Appears in 1 contract

Samples: License Agreement (Prevail Therapeutics Inc.)

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