Common use of Non-Cash Consideration Clause in Contracts

Non-Cash Consideration. If Licensee receives or anticipates receipt of non-cash consideration from Sales or Sublicenses, the manner in which Licensor will receive its compensation under the Agreement with respect to such non-cash consideration will be negotiated in good faith and timely agreed to by the Parties.

Appears in 38 contracts

Samples: Patent License Agreement (Energy Exploration Technologies, Inc.), Patent & Technology License Agreement (Blue Water Biotech, Inc.), Patent License Agreement (TFF Pharmaceuticals, Inc.)

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Non-Cash Consideration. If Licensee receives or anticipates receipt of non-cash consideration from Sales sales of Licensed Products or SublicensesSublicense Agreements, the manner in which Licensor will receive its compensation under the Agreement with respect to such non-cash consideration will be negotiated in good faith and timely agreed to by the Parties.

Appears in 3 contracts

Samples: Patent License Agreement (Aeglea BioTherapeutics, Inc.), Patent License Agreement (Aeglea BioTherapeutics, Inc.), Patent License Agreement (Aeglea BioTherapeutics, Inc.)

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Non-Cash Consideration. If Licensee receives or anticipates receipt of non-cash consideration from Sales or Sublicenses, the manner in which Licensor will receive its compensation under the Agreement with respect to such non-cash consideration will be negotiated in good faith and timely agreed to by the Parties[**].

Appears in 2 contracts

Samples: Patent License Agreement (Aileron Therapeutics Inc), Patent & Technology License Agreement (Aileron Therapeutics Inc)

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