Common use of Issue Royalty Clause in Contracts

Issue Royalty. Medicenna will pay to Stanford a noncreditable, nonrefundable license issue royalty of $[***] due upon signing this Agreement to be paid in equal quarterly installments of $[***].

Appears in 2 contracts

Sources: Exclusive Equity Agreement (Medicenna Therapeutics Corp.), Exclusive Equity Agreement (Medicenna Therapeutics Corp.)

Issue Royalty. Medicenna will pay to Stanford a noncreditable, nonrefundable license issue royalty of $[***] $ due upon signing this Agreement to be paid in equal quarterly installments of $[***]$ .

Appears in 1 contract

Sources: Exclusive Equity Agreement