Common use of License Maintenance Fee Clause in Contracts

License Maintenance Fee. At the beginning of each calendar year during the term of this Agreement, commencing on January 1, 2008, Company shall pay to University {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to University under this Agreement.

Appears in 12 contracts

Samples: Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Cytrx Corp)

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License Maintenance Fee. At Within [**] of the beginning of each calendar year during the term of this Agreement, commencing on January 1, 20082018, Company shall pay to University {a fee of [**] US Dollars ($[*}*]). This annual license maintenance fee is nonrefundable and is not creditable against any other earned royalty payments due to University under this Agreementin the same year.

Appears in 2 contracts

Samples: Exclusive License Agreement (Generation Bio Co.), Exclusive License Agreement (Generation Bio Co.)

License Maintenance Fee. At Within thirty (30) days of the beginning of each calendar year during the term of this Agreement, commencing on January 1, 2008, Company shall pay to University {***}. This an annual license maintenance fee is payment in the amount of * * *. These license maintenance fees are nonrefundable and is are not creditable against any other payments due to University under this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (Novavax Inc)

License Maintenance Fee. At the beginning of each calendar year during During the term of this Agreement, on each anniversary of the Effective Date until the expiration of the Royalty Term, commencing on January 1July 22, 20082020, Company shall pay to University {[**] Dollars ($[*}*]). This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to University under this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (IVERIC Bio, Inc.)

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License Maintenance Fee. At Within [***] of the beginning of each calendar year during the term of this Agreement, Agreement commencing on January 1, 2008[***], Company shall pay to University {[***}]. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to University under this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (Axovant Sciences Ltd.)

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