Upfront Payments. Within two (2) Business Days after the Effective Date, Jazz shall pay to Pfenex a one-time, non-refundable (i) upfront payment of [***] Dollars ($[***]) in consideration of the licenses and related rights granted under this Agreement for HemOnc-NextGen; and (ii) option payment of [***] Dollars ($[***]) in consideration of the Option granted under Section 2.4 (together, such amounts, the “Upfront Payments”).
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Samples: License and Option Agreement, License and Option Agreement (Pfenex Inc.)
Upfront Payments. (a) Within two (2) Business Days after the Effective Date, Jazz shall pay to Pfenex a one-time, non-refundable (i) upfront payment of [***] Dollars ($[***]) in consideration of the licenses and related rights granted under this Agreement for HemOnc-NextGen; and (ii) option payment of [***] Dollars ($[***]) in consideration of the Option granted under Section 2.4 2.4. The Parties acknowledge and agree that Jazz paid to Pfenex [***] Dollars (together, such amounts, $[***]) pursuant to this Section 6.1(a) under the “Upfront Payments”)Original Agreement.
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Upfront Payments. (a) Within two (2) Business Days after the Effective Date, Jazz shall pay to Pfenex a one-time, non-refundable (i) upfront payment of [***] Dollars ($[***]) in consideration of the licenses and related rights granted under this Agreement for HemOnc-NextGen; and (ii) option payment of [***] Dollars ($[***]) in consideration of the Option granted under Section 2.4 2.4. The Parties acknowledge and agree that Jazz paid to Pfenex fifteen million Dollars (together, such amounts, $15,000,000) pursuant to this Section 6.1(a) under the “Upfront Payments”)Original Agreement.
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