Common use of Payment of Milestone Payments Clause in Contracts

Payment of Milestone Payments. Parent shall duly and promptly deposit with the Rights Agent for payment to each Holder the Milestone Payments, if any, in the manner provided for in Section 2.4 and in accordance with the terms of this Agreement.

Appears in 8 contracts

Samples: Value Rights Agreement, Contingent Value Rights Agreement (Sientra, Inc.), Contingent Value Rights Agreement (Miramar Labs, Inc.)

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Payment of Milestone Payments. Parent shall duly and promptly deposit with the Rights Agent for payment to each Holder the Holders the Milestone Payments, if any, in the manner provided for in Section 2.4 2.04 and in accordance with the terms of this Agreement.

Appears in 3 contracts

Samples: Contingent Value Rights Agreement (Actavis PLC), Contingent Value Rights Agreement (Omthera Pharmaceuticals, Inc.), Agreement and Plan of Merger (Omthera Pharmaceuticals, Inc.)

Payment of Milestone Payments. If a Milestone has been achieved in accordance with this Agreement, Parent shall duly and promptly deposit with the Rights Agent Agent, for payment to each Holder the Milestone Payments, if any, in the manner provided for in Section 2.4 and Holders in accordance with Section 2.4(a), the terms of this Agreementaggregate amount necessary to pay the applicable Milestone Payment to all Holders.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Applied Genetic Technologies Corp), Contingent Value Rights Agreement (Applied Genetic Technologies Corp)

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Payment of Milestone Payments. Parent shall duly and promptly deposit with the Rights Agent for payment to each Holder the Holders the Milestone Payments, if any, in the manner provided for in Section 2.4 11.04 and in accordance with the terms of this Agreement.

Appears in 2 contracts

Samples: Contingent Value Rights Agreement (Actavis PLC), Agreement and Plan of Merger (Durata Therapeutics, Inc.)

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