Consideration for Licenses Sample Clauses

Consideration for Licenses. For the promises received and given and other good and valuable consideration, the sufficiency of which is hereby acknowledged, Licensor grants to Licensee the licenses and rights to the IP Rights and Marks as provided in this Section I. The License shall be considered fully-paid and there shall be no royalty or other fee due for the license granted to the Licensee herein during the period this Agreement is in effect as well as for the Transition Period.
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Consideration for Licenses. In consideration for the licenses granted to Seller by Buyer pursuant to the provisions of Section 3.1 above, Seller hereby agrees to pay to Buyer the sum of Five Million ($5,000,000.00) Dollars (the "License Fee"). The License fee shall be payable on the New Service Commencement Date, but in no event later than September 30, 1996, in immediately available funds to an account designated by Buyer.
Consideration for Licenses. As consideration for the License conferred herein, Live Nation shall pay to Premier a non-refundable and non-recoupable guaranteed payment of six million dollars U.S. ($6,000,000 U.S.), such moneys to be due to Premier on or before November 30, 2007. In the event that the First Option License is exercised by either of the Parties in accordance with Section 2 above, Live Nation shall pay to Premier a non-refundable and non-recoupable guaranteed payment of six million dollars U.S. ($6,000,000 U.S.), such moneys to be paid on or before November 30, 2008. As consideration for the Second Option License, and in the event that the Second Option License is exercised by either of the Parties in accordance with Section 2 above, Live Nation shall pay to Premier a non-refundable and non-recoupable guaranteed payment of six million dollars U.S. ($6,000,000 U.S.), such moneys to be paid on or before November 30, 2009.
Consideration for Licenses. In consideration for the licenses granted to Marina by Resorts under Section 3.1 above, Marina will pay Resorts $10.00 on or before the Service Commencement Date.
Consideration for Licenses. In consideration for the licenses granted to Seller by Buyer pursuant to the provisions of Section 3.1 above, Seller hereby agrees to pay to Buyer the sum of Three Million ($3,000,000.00) Dollars (the "License Fee"). The License fee shall be payable on the Service Commencement Date but in no event later than September 30, 1996 in immediately available funds, by wire transfer to an account designated by Buyer.

Related to Consideration for Licenses

  • Consideration for License In consideration for the license granted to Licensee hereunder, Licensee shall pay to Merck a non-refundable, non-creditable payment of [***] U.S. dollars ($[***]), which shall be due within [***] days of the Effective Date. *** CERTAIN INFORMATION IN THIS DOCUMENT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. CONFIDENTIAL TREATMENT REQUESTED

  • Consideration for Services In consideration for the Executive’s services, the Company shall pay and provide to the Executive the compensation and benefits set out in this Section 5, and the Executive shall accept the same, as full compensation and consideration for the performance of the services to be rendered by the Executive under this Agreement.

  • Consideration for Stock In case at any time Common Stock or Convertible Securities or any rights or options to purchase any such Common Stock or Convertible Securities shall be issued or sold for cash, the consideration therefor shall be deemed to be the amount received by the Company therefor. In case at any time any Common Stock, Convertible Securities or any rights or options to purchase any such Common Stock or Convertible Securities shall be issued or sold for consideration other than cash, the amount of the consideration other than cash received by the Company shall be deemed to be the fair value of such consideration, as determined reasonably and in good faith by the Board of Directors of the Company. In case at any time any Common Stock, Convertible Securities or any rights or options to purchase any Common Stock or Convertible Securities shall be issued in connection with any merger or consolidation in which the Company is the surviving corporation, the amount of consideration received therefor shall be deemed to be the fair value, as determined reasonably and in good faith by the Board of Directors of the Company, of such portion of the assets and business of the nonsurviving corporation as such Board of Directors may determine to be attributable to such Common Stock, Convertible Securities, rights or options as the case may be. In case at any time any rights or options to purchase any shares of Common Stock or Convertible Securities shall be issued in connection with the issuance and sale of other securities of the Company, together consisting of one integral transaction in which no consideration is allocated to such rights or options by the parties, such rights or options shall be deemed to have been issued with consideration.

  • Consideration for Grant of Rights (a) License Issue Fee and Patent Cost Reimbursement. COMPANY shall pay to M.I.T. on the EFFECTIVE DATE a license issue fee of [**] dollars ($[**]), and, in accordance with Section 6.3, shall reimburse M.I.T. for its actual expenses incurred as of the EFFECTIVE DATE in connection with obtaining the PATENT RIGHTS. These payments are nonrefundable.

  • Consideration for Transfer Notwithstanding anything to the contrary herein contained, except as may be required by Section 5 hereof, where a Transfer is made for consideration, in no event shall any such Transfer by Executive of Executive Securities be made under Section 6(c) or offered to be made under Section 6(b) for any consideration other than United States dollars payable in full upon consummation of such Transfer.

  • Exclusive Negotiations The State will not bargain collectively or meet with any employee organization other than MSEA-SEIU with reference to terms and conditions of employment of employees covered by this Agreement. If any such organizations request meetings they will be advised by the State to transmit their requests concerning terms and conditions of employment to MSEA-SEIU.

  • Exclusive License Grant Subject to the terms and conditions of this Agreement (including Section 3.5.1 (Takeda Retained Rights)), Takeda hereby grants to Licensee an exclusive, sublicensable (subject to Section 3.3 (Sublicensing)), royalty-bearing right and license under the Takeda Technology and Takeda’s interest in the Joint Technology to Exploit the Licensed Compounds and Licensed Products in the Field in the Licensee Territory.

  • Exclusive License Licensor hereby grants to Licensee and Licensee hereby accepts from Licensor, upon the terms and conditions herein specified, a sole and exclusive license under the Licensed Patent Rights in the Territory, and in the Field of Use to develop, make, have made, import, have imported, use, offer to sell, sell, and otherwise commercialize Licensed Product(s).

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