Example ContractsClausesInitial Payment
Initial Payment
Initial Payment contract clause examples

Initial Payment. As partial consideration for the Patent License on the Lead Product, Forty Seven shall make a non-refundable initial payment to Synthon of ​ (the “Initial Payment”), due and payable as follows: Upon fulfillment of the Conditions Precedent, Synthon will send Forty Seven a confirmation that such Conditions Precedent have been fulfilled along with an invoice for the full amount of the Initial Payment. Forty Seven shall pay such invoice within ​ from the date of such invoice. For clarity, in the event that the Conditions Precedent have not been fully fulfilled, Synthon may in its discretion determine that they have nonetheless been satisfactorily fulfilled and notify Forty Seven in writing that the Conditions Precedent have been fulfilled for the purposes of this [Article 4.1] and Article 3.

Initial License Payment. Newsoara shall make a non-refundable, non-creditable payment to vTv of Two Million dollars ($2,000,000) before ​.

Initial Payment. Upon the Closing, and in consideration for the termination of the Collaboration Agreement, Takeda shall pay to Ovid an amount in cash equal to one hundred ninety six million US dollars ($196,000,000) (the “Initial Payment”).

Initial Payment. No later than ​ following the Effective Date, Abbott shall pay [[Surmodics:Organization]] an amount equal to twenty-five million Dollars ($25,000,000).

Initial Payment. As partial consideration for the rights granted to the Casino Operator pursuant to the Initial Operating Contract, the Gaming Board acknowledges that HJC paid an initial payment of One Hundred Twenty-Five Million Dollars ($125,000,000) to the LEDGC (the “Initial Payment”).

Initial Payment. Licensee shall pay, immediately upon executing this Agreement, an amount equal to the License Fee for the first month of the Term of this Agreement ($104,000.00), the License Fee for the last month of the Term of this Agreement ($104,000.00) and the Security Deposit. As such, Licensee shall pay a total of $312,000.00 on or before the execution of this Agreement.

Initial Payment. Within ​ days after the Amendment No. 3 Effective Date, Catalyst shall pay Mosaic ​ (the “Initial Payment”).

Initial Payment. For all units of Product delivered to Licensee in a given month for commercial sale pursuant to the Commercial Supply Agreement, promptly after Licensee has accepted such Product, Verrica shall invoice Licensee an amount equal to ​ of the estimated Transfer Price for such units, based on the ENS (the “Initial Purchase Price Payment”). Licensee shall pay all undisputed amounts in such invoice no later than ​ after receipt of the invoice. If Licensee disputes one or more items in an invoice, Licensee shall promptly Confidential

Initial Payment. Licensee shall pay, immediately upon executing this Agreement, an amount equal to the License Fee for the first month of the Term of this Agreement ($104,000.00), the License Fee for the last month of the Term of this Agreement ($104,000.00) and the Security Deposit. As such, Licensee shall pay a total of $312,000.00 on or before the execution of this Agreement.

Initial Payment. Within ten (10) Business Days after the Effective Date, Apollomics shall pay to [[GlycoMimetics:Organization]] a one-time, non-refundable, non-creditable payment of nine million U.S. Dollars (US$9,000,000).

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