Habe mir noch mal den Contract angeschaut. Gab hier ja mal Irritationen, ob es nun 5 Mio. CAD oder 8 Mio CAD sind.
Wenn ich es richtig verstehe, sind es max. 8 Mio: amounting to a maximum of $8,000,000 on the Closing Date
License Termination Payment
The Parties hereby agree and confirm that, in full and final settlement of the Royalty Obligations
amounting to a maximum of $8,000,000 on the Closing Date (as defined herein), Licensee shall pay to
the Licensor the sum of $3,000,000 (the “Royalty Termination Payment”) by wire transfer, bank draft or
certified cheque or other form of payment accepted by the Licensor in their sole discretion, in accordance
with the following schedule:
(i) $1,000,000 on or before March 31, 2017 (the "Initial Payment"). The Licensor hereby
acknowledges receipt of $1,000,000 of the Initial Payment on March 23, 2017;
(ii) $1,000,000 on or before April 4, 2017 (the "Second Payment"); and
(iii) $1,000,000 on or before the Closing Date. The Parties acknowledge and agree that
$1,000,000 of the Royalty Termination Payments to be received by the Licensor on the
Closing Date shall be held in escrow by Dentons Canada LLP until the Closing Date.