Common use of Milestone Events and Milestone Payments Clause in Contracts

Milestone Events and Milestone Payments. pay to the University the non-refundable Milestone Payments on each Milestone Event. The Milestone Payment shall be due regardless of whether such Milestone Event is achieved as a result of the actions of the Company, its Affiliates and/or its Sub-Licencees.

Appears in 2 contracts

Sources: Licence Agreement (Neoleukin Therapeutics, Inc.), Licence Agreement (Neoleukin Therapeutics, Inc.)