Payment Deadlines. Unless stipulated otherwise, all payments due UNIVERSITY hereunder shall be made within thirty (30) days after the end of each ROYALTY PERIOD. Late payments shall be subject to an interest charge of one and one half percent (1.5%) per month. LICENSEE shall also be responsible for payment of all bank transfer charges.
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Samples: License Agreement (Solid Biosciences Inc.), License Agreement (Solid Biosciences, LLC), License Agreement (Solid Biosciences, LLC)
Payment Deadlines. Unless stipulated otherwise, all payments due UNIVERSITY hereunder shall be made within thirty (30) [***] days after the end of each ROYALTY PERIOD. Late payments shall be subject to an interest charge of one and one half [***] percent (1.5[***]%) per month. LICENSEE shall also be responsible for payment of all bank transfer charges.
Appears in 1 contract
Samples: Exclusive License Agreement (Yield10 Bioscience, Inc.)
Payment Deadlines. Unless stipulated otherwise, all payments due UNIVERSITY hereunder shall be made within thirty sixty (3060) days after the end of each ROYALTY PERIODPERIOD other than year end, and ninety (90) days after year end. Late payments shall be subject to an interest charge of one and one half percent (1.5Libor +1%) per month. LICENSEE shall also be responsible for payment of all bank transfer charges.
Appears in 1 contract
