Common use of Third Payment Clause in Contracts

Third Payment. Subject to Section 4.11, Pyxis shall pay to LCB an additional payment to reimburse LCB’s CMC/manufacturing costs, in an amount equal to LCB’s costs of goods and invoiced CMO charges, estimated to be [***] ***]. Any increased number of Batches or changes to or additional tests for the manufacturing runs will be as agreed by the Parties and shall be provided to Pyxis at a price to be agreed with LCB.

Appears in 2 contracts

Sources: License Agreement (Pyxis Oncology, Inc.), License Agreement (Pyxis Oncology, Inc.)