Advance payment. In [***] upon Takeda`s receipt of an invoice from Arrowhead, which is filed immediately after the Effective Date, Takeda will pay a non-refundable and ineligible prepayment of $300,000,000 by transferring the funds immediately available in accordance with the instructions attached to arrowhead as Appendix 10.4.1 (Transfer Instructions), taking into account the licenses granted to Takeda under this Agreement. Don`t waste time creating your own equipment agreement template for employees. Use this employee agreement template created by JotForm and let your employees use your devices right away! Designed with JotForm PDF Editor, this maintenance contract template is specifically designed for maintenance services. The objective is to facilitate the storage of contractual clauses between two companies or companies that form a single maintenance company. Instead of the maintenance company, only one maintenance service provider can also use this free maintenance contract template. The maintenance contract template is appropriate for any maintenance service provided, but may require a small change or adjustment. In any case, this is not something to worry about as you can easily change the road maintenance contract template using the PDF editor to serve a different purpose. For example, if you are a software maintenance agency, you can continue to use the template by modifying it to look like a software maintenance contract template.
Note that you don`t need any programming knowledge for this. You disclose that you are entitled to an initial non-refundable payment of $5.0 million under Ahon Pharma`s license and cooperation agreement; However, it appears that you only received $500,000 of that amount and the remaining $4.5 million is due after “regulatory approval to launch a clinical trial in China.” It seems that the $4.5 million payment looks more like a milestone payment, and so it`s not clear why you would characterize it as part of the overall non-refundable initial payment. Please revise for more details. Please also indicate how this $4.5 million payment and other milestone payments were taken into account in determining the price of your transaction and to what extent this variable consideration was limited. Also known as a payment agreement or remittance agreement, a payment agreement is a document that describes all the details of a loan between a lender and a borrower. When lending money, write professional payment agreements for borrowers with our free PDF template for payment agreements. Simply fill out this form with important credit details such as payment schedule, payment method, amount due, and debtor and creditor information, and this payment agreement template automatically saves your payment contracts as secure PDFs – easy to download, email to customers, and print for your records. Each PDF contains the legally binding signatures of all parties, the relevant terms and conditions, and any other information you have submitted online. 4.1 Advance Payment. Roivant will make a one-time, non-refundable, ineligible and non-creditable advance payment of three million five hundred thousand dollars ($3,500,000) within five (5) business days of the effective date.
Eisai acknowledges that Roivant has already paid Eisai one hundred thousand dollars ($100,000) on August 31, 2015, which will be deducted from the amount due under this Section 4.1. 8.1 Advance Payment. Within ten (10) days of the effective date, Dermavant will make a one-time, non-refundable, non-creditable advance payment of eight million seven hundred and fifty thousand dollars ($8,750,000). For the three and nine months ended September 30, 2017, we recorded $107,000 or $493,000 from current royalties per unit and $252,000, or $747,000, from a proportionate portion of the initial payment of $8.0 million. Within three or nine months out of 30. At the end of September 2016, we recorded $79,000 or $732,000 from current royalties per unit and $252,000 or $750,000 from a proportionate portion of the initial payment of $8.0 million. Licence revenues were lower in the three and nine months ended September 30, 2017 due to lower licensee revenues. The Company noted that the initial transaction price was approximately $300.0 million in total, including the initial payment.
The Company will exclude from this transaction price all milestones, royalties or profit-sharing payments estimated to date. The Company will allocate the initial transaction price of a total of $300.0 million to its sole performance commitment for Takeda`s ARO-AAT license and related R&D services. Revenues are recorded using a proportional performance method (based on the actual costs incurred relative to the estimated total cost of Takeda`s R&D services). Revenues for the three months ended December 31, 2020 and 2019 were $8.2 million and $0, respectively. As at December 31, 2020, contractual assets of $8.2 million were recorded as accounts receivable. c. A cash amount of $600,000 that […***…] ([…***…] %) of the advance payment (Novartis` advance payment) made under this special license agreement dated May 1, 2017 by and between Novartis International Pharmaceutical Ltd. and Celyad (Novartis` license agreement) for the full satisfaction of all payments due to OnCyte under the APA as amended by the APA, or otherwise in connection with Novartis` upfront payment. This amount is paid no later than fifteen (15) days after the entry into force of the amendment. In the event that the DEBTOR does not make the payment after reaching fifteen (15) days according to the scheduled payment schedule, the total amount of the default will become due and recoverable. Any further breach gives rise to the creditor`s right to claim damages.
The CREDITOR may transfer or assign this contract to a third party, provided that written notice is given to the DEBTOR. In the event of such an assignment, the assignor may change the payment schedule set out in this Agreement. With our drag-and-drop PDF editor, you can easily customize your payment agreement template to include the specific terms of the loan. Feel free to represent your business by adding your logo and updating fonts and colors to match your brand image. By instantly generating sophisticated payment agreements for you, your custom payment agreement template helps speed up the credit process while protecting you. This is the perfect base for hassle-free loans! CONSIDERING that the DEBTOR and the CREDITOR, through the goodwill of both parties, intend to secure the amount of the debt by entering into a new agreement under which the amount of $3,000.00 will be set in a structured payment agreement on the terms contained herein; These predefined agreement templates are formatted to provide contact information, terms and conditions, and conflict resolution instructions. You can collect electronic signatures with Adobe Sign or DocuSign and accept payments with built-in gateways such as PayPal or Square. JotForm`s PDF editor allows you to customize your contract template by rearranging the layout and rewriting the text to better specify each party`s obligations and protect the rights of all parties involved. Under the Cannabis Licence Agreement, the Company is required to make an upfront payment of $2,000,000 to Austrianova. The Company has the right to make regular monthly payments of the deposit in amounts agreed between the parties prior to such payment.
Under the Cannabis Licence Agreement, advance payments must be paid in full by June 30, 2016. As of April 30, 2016, Austrianova has paid $1.85 million of the initial payment. The $2 million licence cost was recorded as research and development expenses for the year ended April 30, 2015. The DEBTOR hereby represents and warrants that both parties have established a payment schedule in this Agreement in order to secure default in the manner provided herein without further interruption, notwithstanding the additional costs for processing such planning. Also known as a payment agreement or installment agreement, a payment agreement template is a document template that describes all the details of a loan between a lender and a borrower. This one-page lease PDF template provides the basic essentials of a single lease. Use this sample lease for your business and save time by creating your own PDF template. 4.1. Advance Payment. Partially subject to the rights that AstraZeneca grants to Licensee under this Agreement, Licensee shall make to AstraZeneca a non-refundable and ineligible advance payment of two million dollars ($2 million) to AstraZeneca within ten (10) days of the effective date of this Agreement, which is non-refundable and non-eligible. Create document automations that allow you, your employees and customers to automatically fill out contract templates. This PDF template for confidential agreement contains some of the essential parts of the contract, para.
B example the cause of the creation of the agreement, the protection of the parties, the terms and restrictions. Create a harmonious relationship between tenant and landlord by using this Florida condo rental agreement. This PDF template contains all the necessary information when renting a property in the state of Florida. The parties hereby agree to the proposed payment schedule with respect to the explanation of its contents in Appendix A (the “Payment Plan”). The DEBTOR must respect the established schedule and pay the CREDITOR the amount indicated in the table of the payment schedule before or on the due date. The Company noted that the transaction price of the Genentech agreement at the beginning was $120 million, consisting of the initial payment. .