License Payments. In consideration of rights granted by UNIVERSITY to LICENSEE under this AGREEMENT, LICENSEE will pay UNIVERSITY the following:
License Payments. The term “License Payments” has the meaning set forth in Section 2.1.
License Payments. 4.1 In consideration for the grant of the Licenses described in Section 3, AEON shall provide Medytox the following consideration set forth in Sections 4.1.1 and 4.1.2 (the “License Payments”):
License Payments. As described more fully in the License Agreement and as an integral part of the overall consideration received by Rambus in respect of its releases and covenants not to xxx under Article 4, and its other obligations under the Comprehensive Resolution Agreements, over the next five (5) years SK hynix will pay Rambus aggregate license fees of Two Hundred Forty Million dollars (US $240,000,000.00), subject to certain adjustments and conditions as described in the License Agreement (the “License Payments”). In the event that SK hynix fails to pay any License Payment (and fails to cure such failure within the time period provided for in Section 6.2 of the License Agreement), Rambus shall have the option, at its sole discretion, to either:
(a) exercise its option to terminate the License Agreement in accordance with Section 6.2 therein; or,
(b) upon providing written notice to SK hynix, exercise its option to have SK hynix pay to Rambus, within one-hundred and eighty (180) days of the date of such notice, one-hundred and ten percent (110%) of the Remaining Balance (where the term “Remaining Balance” means the total amounts other than Quarterly Acquisition Adjustment Payments remaining unpaid, if any, under the License Agreement or the Substitute Agreement (as such term is defined in the License Agreement)) as part of the overall consideration received by Rambus under the Comprehensive Resolution Agreements, in order for Rambus to receive the full amount of the overall consideration intended to be received in respect of its releases, covenants not to xxx, and other obligations under the Comprehensive Resolution Agreements, in which case (i.e., Rambus’ exercise of the option set forth in this subsection (b)):
(i) SK hynix will continue to be obligated, to pay any amounts that become due under Section 3.3 of the License Agreement prior to the Expiration Date of the License Agreement until terminated;
(ii) Rambus and SK hynix agree that it would be impractical and extremely difficult to fix the damages which Rambus may suffer if SK hynix fails to make the License Payments; and,
(iii) that such amount is a reasonable estimate under the circumstances existing as of the date hereof of the total net detriment Rambus would suffer in the event SK hynix fails to make such payments. Rambus will apply such amounts to any subsequent License Payments due under the License Agreement.
License Payments. SB will make the following payments to Corixa under this Agreement by wire transfer of immediately available funds:
(a) Technology access fees in the following amounts: ---------------------------------------------------------------------------------------------- PAYMENT DATE PAYMENT AMOUNT (U.S.$) ---------------------------------------------------------------------------------------------- Execution of this Agreement [***] April 1, 1997 [***] July 1, 1997 [***] October 1, 1997 [***] January 1, 1998 [***] April 1, 1998 [***] July 1, 1998 [***] October 1, 1998 [***] Second anniversary of this Agreement [***] (the "Milestone Payment") ---------------------------------------------------------------------------------------------- Notwithstanding the foregoing, SB will only be obligated to make the Milestone Payment on the [***] of this Agreement if the following conditions are satisfied or waived (the "Milestone Payment Conditions"): (i) Corixa has achieved the Milestone (as determined by the Joint Research Team) and (ii) the Research Program has not been terminated effective on or before the date the Milestone Payment is due. If SB is not obligated to make the Milestone Payment on the [***] of this Agreement, then the Milestone Payment shall be delayed and shall become due and payable on the [***] of this Agreement provided the Milestone Payment Conditions have been satisfied or waived, or if not satisfied or waived, then on the [***] of this Agreement provided that the Milestone Payment Conditions have by then been satisfied or waived, or if not satisfied or waived, then on the [***] of this Agreement provided that the Milestone Payment Conditions have by then been satisfied or waived. If SB is not obligated to make the Milestone Payment on or before the [***] of this Agreement and if SB extends the Research Program Term beyond the [***] of this Agreement, then SB shall pay Corixa a one time non-refundable payment of U.S. [***] on the [***] hereof only, which shall be fully creditable against the Milestone Payment to the extent the latter becomes due and payable on the [***] of this Agreement. Notwithstanding the foregoing, if the Milestone Payment Conditions are not satisfied or waived on or before the [***] of this Agreement, the balance of the Milestone Payment shall be forever waived and discharged by Corixa.
(b) In addition to the technology access fees payable pursuant to Paragraph 5(a) above, SB also agrees to pay Corixa the following one-time milest...
License Payments. As described more fully in the License Agreement and as an integral part of the overall consideration received by Rambus in respect of its releases and covenants not to xxx under Article 4, and its other obligations under the Comprehensive Resolution Agreements, over the next five (5) years Samsung Electronics will pay Rambus aggregate license fees of Five Hundred Million Dollars (US $500,000,000), subject to certain adjustments and conditions as described in the License Agreement (the “License Payments”). In the event that Samsung fails to pay any License Payment (and fails to cure such failure within the time period provided for in Section 6.2 of the License Agreement), Samsung will pay to Rambus Five Hundred Million Dollars (US $500,000,000), less the aggregate License Payments previously paid by Samsung and retained by Rambus, as part of the overall consideration received by Rambus under the Comprehensive Resolution Agreements, in order for Rambus to receive the full amount of the overall consideration intended to be received in respect of its releases, covenants not to xxx, and other obligations under the Comprehensive Resolution Agreements. Samsung will apply such amounts to the Quarterly Base Payments due under the License Agreement.
License Payments. As payment for the rights granted herein, Licensee shall pay emPower an annual fee upon acceptance of this agreement, per the “Licensee Pricing” table at xxXxxxxXX.xxx.
License Payments. Subject to Section 9.3.3, WCH shall make the following non-refundable license payments to IMPAX which shall be due and payable one (1) time only and within thirty (30) days after the occurrence of the corresponding event set forth below (provided that with respect to the Product to which the event relates all prior events in the list involving such Product have occurred; and provided further that this Agreement is in effect with respect to the Product to which the event relates at the time of the occurrence of such event and that notice of termination shall not have been given pursuant to Section 9.3.2 with respect to the Product to which the event relates prior to the occurrence of such event):
License Payments a. Upon Client’s execution hereof, Client will pay Relativity $[*] as a prorated payment of the increased portion of the Relativity Review Annual Fee, or $[*], for the net increase in the number of Named Users above for the period from the Effective Date hereof to June 30, 2023.
b. For the sake of clarity, the total Annual Fees for the remainder of the Term, as set forth in the Original Agreement shall be $[*].
c. The Installment Payment Schedule set forth in the Special Terms section of Exhibit A to the Original Agreement shall be amended for the Fourth Period as follows: Fourth Period 1 [*] $[*] [*] $[*] 2 [*] $[*] [*] $[*]
License Payments. Licensee shall pay Licensor as specified in the Fee Schedule in Exhibit A for Licensee's distribution of the Licensed Products (the “License Fees”).
