Common use of License Maintenance Fees Clause in Contracts

License Maintenance Fees. COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] 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.

License Maintenance Fees. COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] 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.

License Maintenance Fees. COMPANY shall pay to M.I.T. the WHXXXXXXX xhe below: following license maintenance fees on the dates set forth below: [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] [***] $ [***] January 1st of every year Thereafter during the TERM This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES and SERVICE INCOME 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.

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