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Common use of Initial Fee Clause in Contracts

Initial Fee. Pieris shall pay to Enumeral an initial fee of $250,000, which shall be due upon execution of this Agreement and paid within fifteen (15) days of the Effective Date.

Appears in 4 contracts

Sources: License and Transfer Agreement (Pieris Pharmaceuticals, Inc.), License and Transfer Agreement (Enumeral Biomedical Holdings, Inc.), License and Transfer Agreement (Enumeral Biomedical Holdings, Inc.)

Parent Clauses

  • Fees
  • Consideration
  • Payments
  • Financial Provisions
  • Definitions

Sub-Clauses

  • Initial Fee Refundability
  • ROYALTY ON SALES BY LICENSEE
  • PROSECUTION AND MAINTENANCE OF LICENSED PATENTS
  • ROYALTIES ON SUBLICENSE PAYMENTS
  • PROSECUTION AND MAINTENANCE OF SUPPLEMENTAL PATENT RIGHTS
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