Common use of Milestone Fees Clause in Contracts

Milestone Fees. In consideration of the rights and licenses granted to Licensee under Section 2.1 with respect to the exercise of a given Commercial Option, Licensee shall pay Licensor the following one-time milestone payments, on a per Licensed Indication basis, for the first Licensed Product for each Licensed Indication in the Field to achieve such milestone event:

Appears in 7 contracts

Samples: Option and License Agreement (REGENXBIO Inc.), Option and License Agreement (REGENXBIO Inc.), Option and License Agreement (Dimension Therapeutics, Inc.)

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Milestone Fees. In consideration of the rights and licenses granted to Licensee under Section 2.1 with respect to the exercise of a given Commercial Optionthis Agreement, Licensee shall pay Licensor the following one-time milestone payments, payments on a per Licensed per-Disease Indication basis, basis for the first Licensed Product for each Licensed Indication in the Field to achieve such milestone event:

Appears in 3 contracts

Samples: License Agreement (REGENXBIO Inc.), License Agreement (Adverum Biotechnologies, Inc.), License Agreement (REGENXBIO Inc.)

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Milestone Fees. 3.3.1 In partial consideration of the rights and licenses granted to Licensee under Section 2.1 with respect to the exercise of a given Commercial Option2.1, Licensee shall pay Licensor the following one-time milestone payments, on a per Licensed Indication basis, payments within **** after the achievement of each event for only the first Licensed Product for in each Licensed Indication in the Field to achieve such each of the following milestone eventevents:

Appears in 1 contract

Samples: License Agreement (AveXis, Inc.)

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