Common use of Initial Fee Clause in Contracts

Initial Fee. In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date.

Initial Fee. In consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 within [2,000,000, which shall be payable as follows: (i)***] * upon the Effective Date, (ii) **** within **** after the Effective Date, and (iii) **** within **** after the Effective Date; provided that any unpaid portion of the initial fee will be immediately payable upon any termination of this Agreement.

Initial Fee. In partial consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 20,000,000, which shall be payable as follows: (a) $10,000,000 within [***] * after the Effective Date; and (b) $10,000,000 within twelve (12) months of the Effective Date; provided that any unpaid portion of the initial fee shall be immediately payable upon termination of this Agreement or a Change of Control.

Initial Fee. In consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] * after the Effective Date.

Initial Fee. In consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 within [2,000,000, which shall be payable as follows: (i) ***] * upon the Effective Date, (ii) **** within **** after the Effective Date, and (iii) **** within **** after the Effective Date; provided that any unpaid portion of the initial fee will be immediately payable upon any termination of this Agreement.

Initial Fee. In consideration of the rights and licenses license granted to Licensee under this AgreementSection 2.1, Licensee shall pay Licensor an initial fee of $500,000 within [500,000, of which ***] after *will be paid upon the Effective Date and ****will be paid upon the **** of the ****provided that such **** portion of the initial fee will be immediately payable upon any termination of this Agreement prior to the **** of the Effective Date.

Initial Fee. In partial consideration of the rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 7,000,000 within [***] after * * * of the Effective Date.

Initial Fee. In partial consideration of the options and rights and licenses granted to Licensee under this Agreement, Licensee shall pay Licensor an initial fee of $500,000 within [***] after the Effective Date600,000.