Common use of Continuation Payments Clause in Contracts

Continuation Payments. For each Product (other than M834) with respect to which both Parties decide to continue the Development, Manufacture and Commercialization pursuant to Section 2.6(a), Mylan shall make a continuation payment to Momenta of [***] within [***] after each such decision by the Parties (each, a “Continuation Payment”). For clarity, the total amount of Continuation Payments made to Momenta under this Agreement shall not exceed an aggregate of [***].

Appears in 2 contracts

Sources: Collaboration Agreement (Momenta Pharmaceuticals Inc), Collaboration Agreement (Momenta Pharmaceuticals Inc)

Continuation Payments. For each Product (other than M834) with respect to which both Parties decide to continue the Development, Manufacture and Commercialization pursuant to Section 2.6(a), Mylan shall make a continuation payment to Momenta of [***] U.S. Dollars ($[***]) within [***] ([***]) [***] after each such decision by the Parties (each, a “Continuation Payment”). For clarity, the total amount of Continuation Payments made to Momenta under this Agreement shall not exceed an aggregate of [***] U.S. Dollars ($[***]).

Appears in 1 contract

Sources: Collaboration Agreement (Momenta Pharmaceuticals Inc)