Initial Option Fee. Upon execution and delivery of this Agreement, SB shall pay to Corixa a lump sum payment of [***] by wire transfer of immediately available funds, which payment shall be subject to credit, conversion or repayment as set forth in Section 4 below.
Appears in 2 contracts
Sources: Option Agreement (Corixa Corp), Option Agreement (Corixa Corp)
Initial Option Fee. Upon execution and delivery of this Agreement, SB shall pay to Corixa a lump sum payment of [***] One ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇lars (US$1,500,000) by wire transfer of immediately available funds, which payment shall be subject to credit, conversion or repayment as set forth in Section 4 below.
Appears in 1 contract
Sources: Option Agreement (Corixa Corp)