Common use of Milestone Events Clause in Contracts

Milestone Events. Xxxxxxx shall make the non-refundable, non-creditable payments (each, a “Milestone Payment”) to Legend set forth in the table below not later than [***] after Legend delivers an invoice to Xxxxxxx upon the first occurrence of the corresponding milestone event set forth below (each, a “Milestone Event”), subject to Sections 7.2.2 through 7.2.8 below. Xxxxxxx shall provide notice to Legend within [***] after Xxxxxxx’x or its Affiliates’ achievement of any of the Milestone Events. [***]

Appears in 2 contracts

Samples: Collaboration and License Agreement (Legend Biotech Corp), Collaboration and License Agreement (Legend Biotech Corp)

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Milestone Events. Xxxxxxx shall make the non-refundable, non-creditable payments (each, a “Milestone Payment”) to Legend set forth in the table below not later than [***] after Legend delivers an invoice to Xxxxxxx upon the first occurrence of the corresponding milestone event set forth below (each, a “Milestone Event”), subject to Sections 7.2.2 through 7.2.8 below. Xxxxxxx shall provide notice to Legend within [***] after Xxxxxxx’x or its Affiliates’ achievement of any of the Milestone Events. [***].

Appears in 2 contracts

Samples: Collaboration and License Agreement (Legend Biotech Corp), Collaboration and License Agreement (Legend Biotech Corp)

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