Notification; Payment. Kolltan shall notify MedImmune in writing promptly, and in no event beyond [**] days, after a milestone event described in Section 6.2.1 has been achieved, and the corresponding milestone payment shall be due within [**] days after receipt of the corresponding invoice from MedImmune.
Appears in 2 contracts
Sources: License and Option Agreement (Kolltan Pharmaceuticals Inc), License and Option Agreement (Kolltan Pharmaceuticals Inc)
Notification; Payment. Kolltan shall notify MedImmune in writing promptly, and in no event beyond [**] thirty (30) days, after a milestone event described in Section 6.2.1 has been achieved, and the corresponding milestone payment shall be due within [**] forty-five (45) days after receipt of the corresponding invoice from MedImmune.
Appears in 1 contract
Sources: License and Option Agreement (Celldex Therapeutics, Inc.)