Multiple Milestone Payments. With respect to Licensed Products, each Milestone Payment shall be paid only the first time that a Licensed Product achieves such milestone. Elpiscience shall give Inhibrx prompt notice of the achievement of each milestone event. All Milestone Payments shall be made within thirty (30) days following Elpiscience’s achievement of the corresponding milestone.
Appears in 2 contracts
Sources: License Agreement (Inhibrx, Inc.), License Agreement (Inhibrx, Inc.)