Common use of Initial License Payment Clause in Contracts

Initial License Payment. Calithera shall make a one-time payment to HPP of Six Hundred Thousand Dollars ($600,000) no later than thirty (30) days after the Effective Date as upfront consideration for the license granted hereunder.

Appears in 3 contracts

Sources: License and Research Agreement (vTv Therapeutics Inc.), License and Research Agreement (vTv Therapeutics Inc.), License and Research Agreement (Calithera Biosciences, Inc.)