Common use of License Initiation Fee Clause in Contracts

License Initiation Fee. In partial consideration of the License, Company will pay to University no later than 30 days from the Effective Date a non-refundable, non-creditable license initiation fee as specified in Appendix A.

Appears in 3 contracts

Samples: Patent License Agreement (BullFrog AI Holdings, Inc.), Patent License Agreement (BullFrog AI Holdings, Inc.), Patent License Agreement (Hoth Therapeutics, Inc.)

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License Initiation Fee. In partial consideration of the License, Company will pay to University no later than 30 within thirty (30) days from the Effective Date a non-refundable, non-creditable license initiation fee as specified in Appendix A.of Twenty-Five Thousand ($25,000) United States dollars.

Appears in 1 contract

Samples: Patent License Agreement (Protea Biosciences Group, Inc.)

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