Upfront Amount. No later than thirty (30) days following the Effective Date, Licensee shall pay Licensor an upfront amount equal to One Hundred and Fifty Million Dollars ($150,000,000). Such payment shall be noncreditable against any other payments due hereunder.
Appears in 3 contracts
Sources: License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc), License Agreement (Reata Pharmaceuticals Inc)