Common use of Upfront Payment Clause in Contracts

Upfront Payment. In partial consideration for the exclusive licenses granted to GSK under the CureVac Technology, GSK shall pay to CureVac a non-refundable and non-creditable fee in the amount of seventy-five million Euro (EUR 75,000,000) within [*****] after the Closing Date. CureVac shall issue an invoice for that amount on or before the Closing Date.

Appears in 3 contracts

Sources: Covid Cla Third Amendment and Restatement Agreement (CureVac N.V.), Covid Collaboration and License Agreement, Covid Collaboration and License Agreement (CureVac N.V.)

Upfront Payment. In partial consideration for the exclusive licenses granted to GSK under the CureVac Technology, GSK shall pay to CureVac a non-refundable and non-creditable fee in the amount of seventy-five one hundred and twenty million Euro (EUR 75,000,000120,000,000) within [*****] after the Closing Date. CureVac shall issue GSK's receipt of an invoice for that of the respective amount on or before the Closing Datefrom CureVac.

Appears in 2 contracts

Sources: Fourth Amendment and Restatement Agreement (CureVac N.V.), Collaboration and License Agreement (CureVac B.V.)

Upfront Payment. In partial consideration for the exclusive licenses granted to GSK under the CureVac Technology, GSK shall pay to CureVac a non-refundable and non-creditable fee in the amount of seventy-five million Euro (EUR 75,000,000) within [*****] after the Closing Date. CureVac shall issue an invoice for that amount on or before the Closing Date.. ​

Appears in 1 contract

Sources: Covid Cla Amendment and Restatement Agreement (CureVac N.V.)

Upfront Payment. In partial consideration for the exclusive licenses rights and licences granted to GSK under the CureVac Technologythis Agreement, GSK shall pay to CureVac a non-refundable and non-creditable fee in the amount of seventy-five four hundred million Euro (EUR 75,000,000400,000,000) within [*****] ############### after the Closing Date. CureVac shall issue GSK’s receipt of an invoice for that of the respective amount on or before the Closing Datefrom CureVac.

Appears in 1 contract

Sources: Licence Agreement (CureVac N.V.)

Upfront Payment. In partial consideration for the exclusive licenses granted to GSK under the CureVac Technology, GSK shall pay to CureVac a non-refundable and non-creditable fee in the amount of seventy-five one hundred and twenty million Euro (EUR 75,000,000120,000,000) within [*****] after the Closing Date. CureVac shall issue GSK’s receipt of an invoice for that of the respective amount on or before the Closing Datefrom CureVac.

Appears in 1 contract

Sources: 2020 Cla Amendment and Restatement Agreement (CureVac N.V.)