License Fees and Royalty Sample Clauses

License Fees and Royalty. 4.00 LICENSEE shall, as a license fee, pay to LICENSOR the sum [***] [***] Confidential Treatment Requested [***]
Sample 1Sample 2
License Fees and Royalty. 4.00 The grant of this LICENSE for accounting purposes will be valued at Fifty Eight Thousand Dollars ($58,000) and include a ROYALTY. The consideration to the LICENSOR by the Company shall be the right to purchase Fifty Eight Thousand Dollars ($58,000) of Common Stock at $.0677 per share, which is the Book Value Per Share of the Common Stock as of December 31, 2000. The LICENSOR must purchase 856,721 shares of restricted common stock within 10 business days of this agreement or execute a promissory note in the amount of Fifty Eight Thousand Dollars ($58,000), due in Ninety (90) days with interest at Seven (7%) per annum.
Sample 1Sample 2
License Fees and Royalty. 4.00 LICENSEE shall, on the EFFECTIVE DATE, by cash or by note, subject to approval by the LICENSOR, due not later than June 30, 2000, as a one time only LICENSE FEE, pay to LICENSOR, Fifty Thousand Dollars ($50,000), which shall be non-refundable and credited against the ROYALTY called for under Section 4.01.
Sample 1
License Fees and Royalty. Snap-on shall, as a license fee, pay to IGT, as defined below, the sum of $500,000 as a one time only fully paid-up license fee. No further payments or royalties of any kind shall be due to IGT after the above described license fee has been paid in full as set forth below.
Sample 1
License Fees and Royalty. 4.0 LICENSEE, for and in consideration of, and as a condition of granting this license, hereby agrees to pay LICENSOR the fees and royalties set forth in Schedule A, which is attached hereto and made a part hereof by reference.
Sample 1
License Fees and Royalty 
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs

Related to License Fees and Royalty

  • Fees and Royalties The parties hereto understand that the fees and royalties payable by LICENSEE to UNIVERSITY under this Agreement are partial consideration for the license granted herein to LICENSEE under Patent Rights. LICENSEE shall pay UNIVERSITY:

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Payments and Royalties 6.1 RIGEL shall upon the Effective Date:

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!