Common use of Fees and Terms Clause in Contracts

Fees and Terms. The fees for the activities described above total [***], payable as follows: 1. [***]; 2. [***]. Invoices will be provided via e-mail and associated payments are due upon invoice receipt. Payments are to be made via wire transfer using the Lonza account information set forth in the Agreement. In the event of a termination of this CO or the Agreement for any reason, VBL shall pay reasonable costs incurred by Lonza up to the effective date of termination (including out-of-pocket losses to Lonza for purchase of unmarketable materials which have become unusable by reason of termination), all uncancellable labor commitments and all work in process (including all professional services rendered) through the effective date of termination.

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)

Fees and Terms. The fees fee for the activities described above total this activity is [***], 100% payable as follows: 1. upon Lonza’s issuance of the [***]; 2. [***]] to VBL. Invoices will be provided via e-mail and associated payments are due upon invoice receipt. Payments are to be made via wire transfer using the Lonza account information set forth in the Agreement. In the event of a termination of this CO SOW or the Agreement for any reason, VBL shall pay reasonable costs incurred by Lonza up to the effective date of termination (including out-of-pocket losses to Lonza for purchase of unmarketable materials which have become unusable by reason of termination), all uncancellable labor commitments and all work in process (including all professional services rendered) through the effective date of termination.

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)

Fees and Terms. The fees fee for the activities described above total herein is [***], payable as follows: 1. : [***]; 2. [***]. ] Invoices will be provided via e-mail and associated payments are due upon invoice receipt. Payments are to be made via wire transfer using the Lonza account information set forth in the Agreement. In the event of a termination of this CO SOW or the Agreement for any reason, VBL shall pay reasonable costs incurred by Lonza up to the effective date of termination (including out-of-pocket losses to Lonza for purchase of unmarketable materials which have become unusable by reason of termination), all uncancellable labor commitments and all work in process (including all professional services rendered) through the effective date of termination.

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)

Fees and Terms. The fees fee for the activities described above total is as follows: [***], payable as follows: 1. [***]; 2. [***]. ] Invoices will be provided via e-mail and associated payments are due upon invoice receipt. Payments are to be made via wire transfer using the Lonza account information set forth in the Agreement. In the event of a termination of this CO SOW or the Agreement for any reason, VBL shall pay reasonable costs incurred by Lonza up to the effective date of termination (including out-of-pocket losses to Lonza for purchase of unmarketable materials which have become unusable by reason of termination), all uncancellable labor commitments and all work in process (including all professional services rendered) through the effective date of termination.

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)