Milestone Conditions. Each development and commercial milestone payment set forth above shall be due and payable (i) irrespective of whether such milestone event is achieved by Licensee, its Affiliates, or Sublicensee, and (ii) [***] The aggregate milestone payments under this Section 4.2 shall not exceed [***].
Appears in 1 contract
Milestone Conditions. (i) Each development and commercial milestone payment set forth above shall be due and payable (i) irrespective of whether such milestone event is achieved by Licensee, its Affiliates, or Sublicensee, and (ii) [***] The aggregate milestone payments under this Section 4.2 shall not exceed [***].
(ii) Notwithstanding the foregoing, if Licensee, its Affiliate, or Sublicensee first achieves any milestone in Part B of the table above (milestones 9-16 in the table above) with respect to a Product for [***].
(iii) [***].
Appears in 1 contract
Milestone Conditions. (i) Each development and commercial milestone payment set forth above shall be due and payable (i) irrespective of whether such milestone event is achieved by Licensee, its Affiliates, Affiliates or Sublicensee, and sublicensee.
(ii) Milestone [***] The aggregate milestone payments under this Section 4.2 shall not exceed be due and payable [***].
(iii) Milestone [***] shall be due and payable [***].
Appears in 1 contract
Sources: License Agreement (Genelux Corp)