Common use of Non-Royalty Sublicense Income Clause in Contracts

Non-Royalty Sublicense Income. Licensee will pay Elkurt an amount equal to (a) [####] of all Non-Royalty Sublicense Income for any Sublicense executed prior to the First Commercial Sale and (b) [####] of all Non-Royalty Sublicense Income for any Sublicense executed after the First Commercial Sale.

Appears in 5 contracts

Samples: Exclusive License Agreement, Exclusive License Agreement (Ocean Biomedical, Inc.), Exclusive License Agreement (Ocean Biomedical, Inc.)

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Non-Royalty Sublicense Income. Licensee will pay Elkurt an amount equal to (a) [####] ]of all Non-Royalty Sublicense Income for any Sublicense executed prior to the First Commercial Sale and (b) [####] ]of all Non-Royalty Sublicense Income for any Sublicense executed after the First Commercial Sale.

Appears in 1 contract

Samples: Exclusive License Agreement (Ocean Biomedical, Inc.)

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