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. [***] a. [***]; b. [***]. 3. [***] a. [***]; b. [***]. Courier fees for shipments from Lonza to VBL which utilize Lonza’s courier account will be invoiced for as pass-through costs and supporting documentation of associated fees will be provided along with the invoice. 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 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. Portions of this exhibit have been omitted and filed separately with the SEC pursuant to a confidential treatment request and are indicated by [***].

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)

Fees and Terms. The fees cost of each [***], supplied in [***] USD. The Lonza fee for medium procurement and receiving is [***], in addition to the batch cost. The total fee for the activities described above total is [***], payable as follows: 1. [***]; 2. [***] a. . Any shipping and handling fees and sales tax charged by [***]; b. [***]. 3. [***] a. [***]; b. [***]. Courier fees for shipments from ] and/or FedEx to Lonza will be passed through to VBL which utilize Lonza’s courier account will be invoiced for as pass-through costs and supporting documentation of associated fees will be provided along with the invoiceat no ▇▇▇▇-up. 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 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. Portions of this exhibit have been omitted and filed separately with the SEC pursuant to a confidential treatment request and are indicated by [***].

Appears in 1 contract

Sources: Manufacturing Services Agreement (Vascular Biogenics Ltd.)