Common use of License Term Development and Regulatory Milestones Clause in Contracts

License Term Development and Regulatory Milestones. During the License Term, for each milestone set forth in Section 9.3.2, Servier shall pay the corresponding *** amount indicated for that milestone for the first instance of its achievement: Milestone Event Payment *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** In no event shall the total of the amounts paid under this Section 9.3.2 exceed ***.

Appears in 2 contracts

Sources: Option for a License Agreement (Macrogenics Inc), Option for a License Agreement (Macrogenics Inc)