License Fee and Royalty. As consideration for the rights granted hereunder, the Licensee shall pay to Licenser a license fee of Four Thousand Seven Hundred an Fifty Dollars ($4,750.00) for the right to an unlimited number of Licensed Areas as defined in
(a) plus a Royalty Fee of Two Dollars ($2.00) per ton of material processed for each Licensed Area.
License Fee and Royalty. As consideration for the rights granted hereunder, Licenser acknowledges payment of the license fee of Fifty Thousand Dollars (US$50,000) by Dxxxx Xxxx on behalf of the Licensee for the right to an unlimited number of Licensed Areas as defined in Paragraph 1.(a). Licensee shall pay to Licenser a royalty fee of Five Dollars (US$5.00) per ton of material processed for each Licensed Area. Licensee has the right, at any time this agreement remains in effect, to pay an additional Two Million Dollars (US$2,000,000), at which time the royalty fee will immediately be reduced to Two Dollars and Fifty Cents (US$2.50) per dry ton of material processed for each Licensed Area.
License Fee and Royalty. 3.1 In consideration for the license for the rights and privileges under Section 2 of this Agreement, SBCL shall pay HDI a License Fee in the total amount of * a. *
3.2 * CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
3.3 In addition to the License Fee and Proof of Concept Fee, SBCL also shall pay HDI a Royalty on Net Sales of all Services sold by SBCL, as follows:
3.4 a. SBCL, in its discretion, may request that HDI perform the Developments and, if SBCL does so request and HDI, in its sole discretion accepts, shall pay to HDI a Developments Fee equal to HDI's cost of consultation, test construction and development of non-isotopic detection with supporting informatics for sequence determination, storage and retrieval of results and comparison of results to a library of known mutations and any other Developments in the Field as requested by SBCL to tailor the Technology to the requirements of SBCL. Such Developments shall be based upon a plan and budget agreed to by the parties. SBCL shall pay HDI *.
License Fee and Royalty. Condfidential Treatment Requested
License Fee and Royalty. 5.1 The Licensee agrees to pay to Licensor a license fee (the “License Fee”) on and from the Effective Date, payable as follows:
(a) The issuance of 100,000,0000 common shares in the capital of the Licensee on the Effective Date, to be registered and delivered as directed by Xxxxxxxx in writing; and
(b) The issuance of the executed Anti-Dilution Warrant Certificate, to be registered and delivered as directed by Licensor in writing.
5.2 The Licensee agrees to pay to Licensor the Royalty on and from the date the Licensee commences manufacture or procures the manufacture of the Licensed Products in the Territory using the Licensed IP until the termination of this Agreement in accordance with section 20.
5.3 Royalties are to be paid by the Licensee within twenty-five (25) Business Days after the end of each Quarter and in each case.
5.4 For the avoidance of doubt, no Royalty will be payable unless and until the Licensee commences manufacture or procures the manufacture of the Licensed Products in the Territory using the Licensed IP.
5.5 The parties agree that the Royalty will be calculated on the basis of Commercialization Revenue, determined through end of Financial Year reconciliations provided by the Licensee and approved by the Board.
5.6 No Royalty will be payable for the use of Licensed IP for Wholesale Apparel & Promotional Material. The Licensee is granted the right to utilize the Licensed IP solely for the purpose of creating and distributing Wholesale Apparel & Promotional Material, including but not limited to advertisements, marketing campaigns, press releases, and social media content, without incurring any financial obligations towards the Licensor in the form of Royalties or other related fees.
License Fee and Royalty. The grant of the aforesaid exclusive and non-exclusive licenses to Licensee is in consideration for the following license fees and royalties.
License Fee and Royalty. 5.1 In consideration of the rights granted herein, USCEI will pay Turcotte a license fee of $99,000 in common shares at $0.01 which eqxxxx 0,000,000 common shares.
5.2 In further consideration of the rights granted herein, USCEI will pay to Turcotte within 60 days after the expiration of each anniversary xx xxxs Agreement a royalty equal to 1% of the gross revenues generated by USCEI from the commercial exploitation of the Technology pursuant to the license granted pursuant to this Agreement. Each such payment shall be accompanied by a statement signed by an authorized representative of USCEI setting forth in sufficient detail the basis upon which the royalties were calculated during the relevant period for which the royalties are due, which Turcotte may, in his discretion and at the expense of USCEI, cause tx xx xxxified by an accountant of Turcotte's choosing.
5.3 USCEI will promptxx xxxxxx Turcotte of any and all significant Improvements or Know-How whicx xx xxxelops and USCEI will use reasonable efforts to cooperate with and support Turcotte's efforts to protect or further develop the Technology.
0.0 All Improvements and Know-how and data generated through the exploitation of the Technology and any other suggestions, improvements, enhancements, derivative works or modifications made to the Technology or any part thereof shall be the property of Turcotte, including any copyright, patent or other intellectual prxxxxxx xights therein. USCEI shall sign all documents, assignments or agreements as Turcotte may require to protect his rights therein, and any such Impxxxxxxxxs or enhancements shall be considered the subject of the license granted pursuant to this Agreement and USCEI shall have free limited license thereto in the Territory for the term of this Agreement.
License Fee and Royalty. PAYMENTS
License Fee and Royalty. 4.1 Manloe will pay to Jazor a one-time license fee equal to $50,000 (the "License Fee") upon execution of this Agreement in consideration for the grant of the License Rights.
4.2 In addition to the License Fee, Manloe will pay to Jazor a royalty (the "Royalty") equal to the greater of:
(a) $6,000 per month; or
License Fee and Royalty. As a fee for this license, Producer shall pay Playwright a sum equal to Dollars ($ .) per performance of the subject Work. The balance of royalties due for the entire run shall be paid within four weeks of the close of the run, and shall be accompanied with a Statement listing the dates of each and every performance.
