Common use of Development Milestones Clause in Contracts

Development Milestones. AVROBIO will pay to BioMarin the following non-creditable, non-refundable milestone payments within [***] following the first achievement of the corresponding events described in the table below by the first Licensed Product being Developed by or on behalf of AVROBIO, its Affiliates or sublicensees to achieve such event. For clarity, each Development Milestone payment below shall be made only once, upon the first attainment of the applicable milestone event by any Licensed Product being Developed by or on behalf of AVROBIO, its Affiliates or sublicensees. MILESTONE EVENT MILESTONE PAYMENT 1. [***] $[***]

Development Milestones. AVROBIO will pay to BioMarin GenStem the following non-creditable, non-refundable milestone payments within [***] following the first achievement of the corresponding events described in the table below by the first Licensed Product being Developed Developed, either directly or indirectly, by or on behalf of AVROBIO, its Affiliates or sublicensees to achieve such event. For clarity, each Development Milestone payment below shall be made only once, upon the first attainment of the applicable milestone event by any such Licensed Product being Developed by or on behalf of AVROBIO, its Affiliates or sublicenseesProduct. MILESTONE EVENT MILESTONE PAYMENT 1. [***] $[***]

Development Milestones. AVROBIO will pay to BioMarin the following non-creditable, non-refundable milestone payments within [***] following the first achievement of the corresponding events described in the table below by the first Licensed Product being Developed by or on behalf of AVROBIO, its Affiliates or sublicensees to achieve such event. For clarity, each Development Milestone payment below shall be made only once, upon the first attainment of the applicable milestone event by any Licensed Product being Developed by or on behalf of AVROBIO, its Affiliates or sublicensees. MILESTONE EVENT MILESTONE PAYMENT PAYMENT 1. [***] $[***] 2. [***] $[***] 3. [***] $[***] 4. [***] $[***] [***].