Issue Royalty Sample Clauses
The 'Issue Royalty' clause defines the obligation to pay royalties when certain intellectual property rights, such as patents or copyrights, are issued or granted. Typically, this clause specifies that royalty payments become due once the relevant rights are officially recognized by a governmental authority, and it may outline the calculation method or payment schedule for these royalties. Its core practical function is to ensure that the rights holder receives compensation tied directly to the successful issuance of their intellectual property, thereby aligning payment obligations with the formal recognition of those rights.
Issue Royalty will pay to Stanford a noncreditable, nonrefundable license issue royalty of $ upon signing this Agreement.
Issue Royalty. Eidos will pay to Stanford a noncreditable, nonrefundable license issue royalty of $25,000; due within 60 days of signing the Agreement.
Issue Royalty. Forty Seven will pay to Stanford a noncreditable, nonrefundable license issue royalty of $100,000, payable within [*] days of the Effective Date.
Issue Royalty. Telomolecular will pay to Stanford a noncreditable. nonrefundable license issue royalty of $45.000 upon signing this Agreement.
Issue Royalty. Stanford and ImmuMetrix acknowledge and agree that in consideration of the grant of the license hereunder, ImmuMetrix has paid to Stanford a noncreditable, nonrefundable license issue royalty of $20,000 upon signing the PCR Agreement and a noncreditable, nonrefundable license issue royalty of $20,000 upon signing the Sequencing Agreement and no addition issue royalty, except as set forth in Section 7.16 hereof, shall be due upon the signing of this Restated Agreement.
Issue Royalty. Licensee will pay to Stanford a noncreditable, nonrefundable license issue royalty of $5,000.00 upon signing this Agreement. Upon receipt of payment, Stanford will send Biological Material to Licensee.
Issue Royalty. Ceribell will pay to Stanford a noncreditable, nonrefundable amendment issue royalty of [***] upon signing this Amendment, and an additional [***] due on the [***] anniversary of the Effective Date of this Amendment.
Issue Royalty. Medicenna will pay to Stanford a noncreditable, nonrefundable license issue royalty of $[***] due upon signing this Agreement to be paid in equal quarterly installments of $[***].
Issue Royalty. Company will pay to Stanford a noncreditable, nonrefundable license issue royalty of [***] upon signing this Agreement and an additional [***] upon the earlier of [***] following the Effective Date or Company raising at least [***] of working capital from investors whether through the issuance and sale of debt, equity or convertible S11-220 : MKA ConfidentialEXCLUSIVE (EQUITY) AGREEMENT securities.
Issue Royalty. Fate will pay to Stanford a one-time, non-creditable, non-refundable license issue royalty of forty thousand dollars ($40,000) upon signing this Agreement; provided, however that the payment of ten thousand dollars ($10,000) paid by Fate under the Exclusive License Term Sheet between the parties effective October 5 2012 shall be credited against the license issue royalty due under this Agreement. * Confidential Information, indicated by [***], has been omitted from this filing and filed separately with the Securities and Exchange Commission.