Upfront Consideration. At the Closing, Purchaser shall pay to Seller an amount in cash equal to Three Hundred Thousand Dollars ($300,000) (the “Upfront Consideration”), which shall be creditable against Purchaser’s obligation to make NIAID Payments under Section 1.05 below.
Appears in 3 contracts
Sources: Stock Purchase Agreement, Stock Purchase Agreement (Spero Therapeutics, Inc.), Stock Purchase Agreement (Spero Therapeutics, Inc.)