Retroactive Milestone Payments. For each Licensed Product, if Denali achieves a Milestone Event , or a , without having achieved the Milestone Event(s) of any , Denali shall owe the milestone payment(s) due retroactively at the time of achieving the subsequent Milestone Event(s) (the Retroactive Payment). Any Retroactive Payment due shall correspond to the for which a subsequent Milestone Event has been achieved. For example, .
Milestone Payments for Licensed Products. Subject to [Sections 4.4 through 4.8] below, once a payment has been made under any particular Milestone Event for a Licensed Product, achievement of that same Milestone Event for a different Licensed Product shall not trigger an additional payment obligation. With respect to each milestone achieved under this Agreement, and as set forth below, within thirty (30) days of the receipt of invoice from for the first occurrence that each such milestone is achieved, Denali shall pay the following:
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