Common use of Clearinghouse Activities Clause in Contracts

Clearinghouse Activities. The Alliance may serve, upon such terms and conditions as may be established by the Board of Directors, as a clearinghouse for the purposes of collecting and distributing any royalties or license fees due to any applicable Members and/or Non-Members in connection with the licensure and/or use of Adopted Specifications.

Appears in 5 contracts

Samples: Member Agreement, Member Agreement, Member Agreement

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