Common use of University Payments Clause in Contracts

University Payments. As a result of the UR Labs acquisition and in accordance with Section 6.5(d) of the Progenics-Salix Agreement, the Progenics Parties hereby acknowledge and agree that they are responsible for the ongoing payment to the University of all University Payments. The “University Payments” are equal to the amounts that, prior to the [*] would have [*], multiplied by the applicable [*], except that the provisions of [*] define the [*] related to the [*].

University Payments. As a result of the UR Labs acquisition Acquisition and in accordance with Section 6.5(d) 6.2.4 of the Progenics-Salix Wyeth Agreement, Progenics and ProNev (collectively, the “Progenics Parties Parties”) hereby acknowledge and agree that they are responsible for the ongoing payment to the University of all University Payments. The “University Payments” are equal to the amounts that, prior to the [*] would have [*], multiplied by the applicable [*], except that the provisions of [*] define the [*] related to the [*].