One-Time Payments. Each individual milestone payment (whether a Development Milestone or Product Milestone) is payable one time only regardless of the number of Products developed and/or commercialized and regardless of the number of times any of the applicable events occurs with respect to any Product. Where any milestone event is not achieved the relevant Product Milestone or Development Milestone shall not be due and owing.
Appears in 2 contracts
Sources: Research Collaboration and License Agreement (Adaptimmune Therapeutics PLC), Research Collaboration and License Agreement (Adaptimmune Therapeutics PLC)