Initial Upfront Payment definition
Examples of Initial Upfront Payment in a sentence
No later than ten (10) Business Days after the Effective Date, Partner shall pay to Atara an additional upfront fee of Twenty Million Dollars ($20,000,000) in partial consideration for the additional licenses granted hereunder (the “Additional Upfront Payment”; and together with the Initial Upfront Payment, the “Upfront Payments”).
Parking Company shall wire the Initial Upfront Payment to bank account(s) and in increments designated by Metro.