Common use of IND Filing Clause in Contracts

IND Filing. Upon filing of the IND for the first Clinical Trial to be carried out under the Pre-POC Development Plan, GNE shall pay to Immunocore a one-time non-refundable irrevocable Event Payment of Fifty Million US Dollars ($50,000,000). GNE shall pay Immunocore the Event Payment within [***] of receipt of an invoice from Immunocore with respect thereto.]

Appears in 2 contracts

Sources: License and Collaboration Agreement (Immunocore LTD), License and Collaboration Agreement (Immunocore LTD)