Common use of Milestone Events Clause in Contracts

Milestone Events. Subject to the remainder of this Section 4.2, Licensee shall pay to Licensor the following one time (for each Product), non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [***]

Appears in 2 contracts

Sources: License Agreement (RayzeBio, Inc.), License Agreement (RayzeBio, Inc.)

Milestone Events. Subject to the remainder of this Section 4.24.3, Licensee shall pay to Licensor the following one time (for each Product)one-time, non-refundable [***] sales milestone payments set forth in the table below when the aggregated annual Net Sales of each all the Product sold in the Territory in a calendar year Calendar Year by Licensee, its Affiliates, and its Sublicensees (subject to Section 4.3(b)) first reach the corresponding threshold value indicated below. 1) Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [***] [***] [***]

Appears in 1 contract

Sources: License Agreement (Lexeo Therapeutics, Inc.)

Milestone Events. Subject to the remainder of this Section 4.2, Licensee shall pay to Licensor the following one time (for each Product), non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) Equal or exceed $ $[***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [[ ***]

Appears in 1 contract

Sources: License Agreement (RayzeBio, Inc.)

Milestone Events. Subject to the remainder of this Section 4.24.4, Licensee shall pay to Licensor the following one time (for each Product)one-time, non-refundable sales milestone payments set forth in the table below when the aggregated annual Net Sales of each the Product sold in the Territory in a calendar year first reach the corresponding threshold value indicated below. 1) . Equal or exceed $ [***] $ [***] 2) Equal or exceed $ [***] $ [***] 3) Equal or exceed $ [***] $ [[ ***]

Appears in 1 contract

Sources: License Agreement (Genelux Corp)