Common use of Payment Due Dates Clause in Contracts

Payment Due Dates. Royalties shall accrue commencing upon the first Sale of a Licensed Product in the Licensed Field of Use in any country in the Licensed Territory. Royalties and sublicense fees payable to EMORY on behalf of the LICENSOR as a result of activities occurring during the period covered by each royalty report provided for under Article 4 of this Agreement shall be due and payable on the date such royalty report is due. All other payments required under this Agreement, if not specified otherwise in this Agreement, shall be payable within [*****] of the receipt by Company of payment or other due date of each payment.

Appears in 3 contracts

Samples: Exclusive License Agreement (In8bio, Inc.), Exclusive License Agreement (In8bio, Inc.), Exclusive License Agreement (In8bio, Inc.)

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Payment Due Dates. Royalties shall accrue be due commencing upon the first Sale of a Licensed Product in the Licensed Field of Use in any country in the Licensed Territory. Royalties and sublicense fees payable to EMORY on behalf of the LICENSOR as a result of activities occurring during the period covered by each royalty report provided for under Article 4 of this Agreement shall be due and payable on the date such royalty report is due. All other payments required under this Agreement, if not specified otherwise in this Agreement, shall be payable within [***** * *] days of the receipt by Company of payment or other due date of for each payment.

Appears in 3 contracts

Samples: License Agreement (Clearside Biomedical, Inc.), License Agreement (Clearside Biomedical, Inc.), License Agreement (Clearside Biomedical, Inc.)

Payment Due Dates. Royalties shall accrue be due commencing upon the first Sale of a Licensed Product in the Licensed Field of Use in any country in the Licensed Territory. Royalties and sublicense fees payable to EMORY on behalf of the LICENSOR as a result of activities occurring during the period covered by each royalty report provided for under Article 4 of this Agreement shall be due and payable on the date such royalty report is due. All other payments required under this Agreement, if not specified otherwise in this Agreement, shall be payable within [*****] thirty (30) days of the receipt by Company of payment or other due date of for each payment.

Appears in 2 contracts

Samples: License Agreement, License Agreement

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Payment Due Dates. Royalties shall accrue be due commencing upon the first Sale of a Licensed Product in the Licensed Field of Use in any country in the Licensed Territory. Royalties and sublicense fees payable to EMORY on behalf of the LICENSOR as a result of activities occurring during the period covered by each royalty report provided for under Article 4 of this Agreement shall be due and payable on the date such royalty report is due. All other payments required under this Agreement, if not specified otherwise in this Agreement, shall be payable within [*****] thirty (30) days of the receipt by Company of payment or other due date of each payment.

Appears in 1 contract

Samples: License Agreement

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