Common use of License Royalties Clause in Contracts

License Royalties. 5.2.1 In consideration of the rights and licence granted to Acorda to the Elan Patent Rights by virtue of the SCI Agreement, Acorda has paid to Elan $5,000,000 (five million United States Dollars); and 5.2.2 In consideration of the rights and licence granted to MS R & D to the Elan Patent Rights by virtue of the MS Agreement, MS R & D has paid to Elan $15,000,000 (fifteen million United States Dollars) – receipt of each of which is hereby acknowledged by Elan.

Appears in 6 contracts

Samples: License Agreement, License Agreement (Acorda Therapeutics Inc), License Agreement (Acorda Therapeutics Inc)

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