Future Expenses definition

Future Expenses. All future expenses in respect of the Licensed Patent shall be paid by LICENSEE during the term of this Agreement.
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Future Expenses. All future expenses in respect of the Patent shall be paid by Purchaser during the term of this Agreement. Patent Maintenance Fees - All maintenance costs for issued Patents shall be paid by Purchaser during the term of this Agreement. Purchaser shall have the right to notify that it has no further interest in any particular patent requiring prosecution or maintenance payments, and ______________ may then elect to make the maintenance payments himself or abandon the patent. The IP has been assigned to the Purchaser pursuant to the terms of the Asset Purchase Agreement. Notwithstanding anything to the contrary in this Royalty Agreement, the parties agree that the IP has been irrevocably assigned to the Purchaser for good and valuable consideration. Any disputes, disagreements, cancellations or terminations of, or associated with, this Royalty Agreement shall be resolved in accordance with the dispute resolution terms of this Royalty Agreement. This shall be the sole manner of recourse available to the parties.
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Future Expenses means, with respect to a Distribution Date, the aggregate amount determined by the Issuer to be (i) Expenses which are expected to be incurred by or on behalf of the Issuer in the period commencing on that Distribution Date and (ii) Expenses which may be incurred by or on behalf of the Issuer after that Distribution Date in respect of which the
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Examples of Future Expenses in a sentence

  • Future Expenses if Superintendent were to Leave: • Payment for unused sick time.

  • Some Future Expenses to be aware of: (all amounts below are average, NOT exact) ● Middle School Camp Michigamme Trip: $85/person ● 7th/8th Grade Washington D.C. Trip: $1998/person ● Band Trip to Appleton to see a musical: $150/person Scholarships are available Deadline: May 1, 2022 Application fee: $35, collected by FACTS Grant & Aid Assessment FACTS makes quality education affordable for families by assisting schools in awarding financial aid.

  • The aggregate total of the Past Expenses and Future Expenses shall in no event exceed the amount which would leave a balance of the total Development Fees shown on the Financial Projections of Ten Million and No/100 Dollars ($10,000,000.00) to be distributed once the Project has Stabilized as provided herein.

  • The Debtors, subject to Bankruptcy Court approval, shall pay in cash (i) all Prior Expenses promptly following entry of the Plan Support Agreement Approval Order and (ii) all Future Expenses promptly upon delivery of an invoice to the Debtors, but in no event later than ten (10) business days following such delivery and are, once paid, not refundable under any circumstances and will not be subject to counterclaim or setoff for, or be otherwise affected by any claim or dispute relating to any other matter.

  • Developer shall provide City with written notice of any withdrawal of the Development Fees, including, but not limited to, withdrawals for Past Expenses, Future Expenses and Reinvestment Amounts.

  • Future Expenses if Superintendent were to Leave: ● Payment for unused sick time.

  • Section 2.4(b) Future Expenses ............................................................................


More Definitions of Future Expenses

Future Expenses. All future expenses in respect of the Licensed Patent shall be paid by LICENSEE during the term of this Agreement. Patent Maintenance Fees - All maintenance costs for issued Licensed Patents shall be paid by LICENSEE during the term of this Agreement. LICENSEE shall have the right to notify XXXXXXXX that it has no further interest in any particular patent requiring prosecution or maintenance payments, and XXXXXXXX may then elect to make the maintenance payments himself or abandon the patent.
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Related to Future Expenses

  • Current Expenses means operating costs other than personal services and shall not

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Management Expenses means the Management Expenses more particularly described in Clause 10.1;

  • Travel Expenses means any costs incurred by Licensor associated with the transportation, storage or lodging of equipment, supplies, Licensor employees and other items necessary for business use from Licensor headquarters to Licensee’s facilities. Travel expenses may include, but are not limited to airfare, hotel costs, and meals if applicable. Any travel expenses paid by the Licensee shall be paid at allowable government travel rates consistent with Management Directive 230.10, unless otherwise first approved by the Licensee’s authorized representative.

  • Allowable Expenses means any necessary, reasonable and customary item of expense at least a portion of which is covered under at least one of the Health Benefit Plans covering the person for whom claim is made. When a Health Benefit Plan provides benefits in the form of coverage for services, the reasonable cash value of each service rendered shall be deemed to be both an Allowable Expense and a benefit paid.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Cash Expenses means, for any period, the operating expenses for the operation of the Property as set forth in an Approved Annual Budget to the extent that such expenses are actually incurred by Borrower minus any payments into the Tax and Insurance Escrow Fund.

  • Medical Expenses means those expenses that an Insured Person has necessarily and actually incurred for medical treatment on account of Illness or Accident on the advice of a Medical Practitioner, as long as these are no more than would have been payable if the Insured Person had not been insured and no more than other hospitals or doctors in the same locality would have charged for the same medical treatment.

  • Company Expenses has the meaning provided in Section 8.3.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Eligible Expenses means expenses incurred for Medical Services rendered with respect to a Disability.