License Issue Fee Sample Clauses
The License Issue Fee clause establishes a specific charge that must be paid by the licensee upon the granting or issuance of a license. Typically, this fee is a one-time payment required at the outset of the licensing agreement, and it may be a fixed amount or calculated based on certain criteria, such as the scope or value of the license. The core function of this clause is to ensure that the licensor receives compensation for granting the license, thereby formalizing the financial terms and helping to prevent disputes over initial payments.
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License Issue Fee. LICENSEE will pay to REGENTS a non-creditable, non- refundable license issue fee of [Written amount] ($ Number) due upon signing of this AGREEMENT. This fee is non-refundable and not an advance against royalties or other payments due under this AGREEMENT.
License Issue Fee. Company shall pay Hospital a non-refundable license issue fee in the amount of [***] dollars ($[***]) upon execution of this Agreement.
License Issue Fee. 8 5. ROYALTIES.................................................................................... 8 6.
License Issue Fee. Licensee agrees to pay to UFRF a License Issue Fee of [**] within thirty (30) days of the Effective Date.
License Issue Fee. In partial consideration for the rights granted to ADAPTIMMUNE hereunder, ADAPTIMMUNE shall pay to LTC a non-refundable, non-creditable license issue fee in the amount of six hundred sixty five thousand dollars ($665,000.00) (“LICENSE ISSUE FEE”). Such LICENSE ISSUE FEE is due and payable by ADAPTIMMUNE to LTC within fifteen (15) days of the EFFECTIVE DATE of this SUB-LICENSE.
License Issue Fee. 6.1. Licensee shall pay to The Regents a license issue fee of *** dollars ($***) within *** days of the Effective Date. This fee is non-refundable, non-cancelable and is not an advance or otherwise creditable against any Royalties or other payments required to be paid under the terms of this Agreement.
License Issue Fee. COMPANY shall pay HOSPITAL a one-time, non-refundable license issue fee in the sum of Two Hundred and Fifty Thousand Dollars ($250,000 U.S. Dollars) upon the earlier of (i) the close of the first round of financing or (ii) thirty (30) days of the execution of the ORIGINAL AGREEMENT.
License Issue Fee. Licensee agrees to pay and shall pay to TSRI a noncreditable, nonrefundable license issue fee in the amount of Ten Thousand U.S. Dollars (U.S. $10,000) within fifteen (15) days of the Effective Date (the “License Issue Fee”). Failure of Licensee to make this payment shall render this Agreement null and void (ab initio).
License Issue Fee. 11 4. Royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 5.
License Issue Fee. Within thirty (30) days after the Effective Date Fluidigm shall (a) pay UABRF the sum in cash of [***] and (b) issue to UABRF such number of Fluidigm Series C Preferred Stock as provided in Section 2.3 of the Master Closing Agreement.