Common use of Patent Expense Payment Clause in Contracts

Patent Expense Payment. Company will pay, or reimburse University for paying, all Patent Expenses incurred before, on or after the Effective Date within thirty (30) days of its receipt of University’s invoice for such Patent Expenses. University reserves the right to request advance payments for certain Patent Expenses, at University’s discretion. The amount of unreimbursed Patent Expenses invoiced to University prior to the Effective Date is approximately thirty thousand forty nine US dollars and seventy six cents ($[***]).

Appears in 1 contract

Samples: Certain Confidential (Akoya Biosciences, Inc.)

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Patent Expense Payment. Company will pay, or reimburse University for paying, all Patent Expenses incurred beforeprior to, on or after the Effective Date Date, within thirty (30) [***] days of its receipt of University’s invoice for such Patent Expenses. University reserves the right to request advance payments for certain Patent Expenses, at University’s discretion. The amount Neoleukin Therapeutics, Inc. / University of unreimbursed Patent Expenses invoiced to University prior to the Effective Date is approximately thirty thousand forty nine US dollars and seventy six cents ($[***]).Washington Exclusive License Agreement UW CoMotion Ref. 44544A Page 29 of 38 Table of Contents CONFIDENTIAL

Appears in 1 contract

Samples: Stock Subscription Agreement (Aquinox Pharmaceuticals, Inc)

Patent Expense Payment. Company will pay, or reimburse University for paying, all Patent Expenses on a pro rata basis with any other licensees of Licensed Patents, incurred before, on or after the Effective Date Date, within thirty (30) [***] days of its receipt of University’s invoice for such Patent Expenses. University reserves the right to request advance payments for certain Patent Expenses, at University’s discretion. The amount of unreimbursed Patent Expenses invoiced to University prior to the Effective Date is approximately thirty thousand forty nine US dollars and seventy six cents ($[***]).

Appears in 1 contract

Samples: Non Exclusive License Agreement (Icosavax, Inc.)

Patent Expense Payment. Company will pay, or reimburse University for paying, all Patent Expenses incurred before, on or after the Effective Date within thirty (30) days of its receipt of University’s invoice for such Patent Expenses. University reserves the right to request advance payments for certain Patent Expenses, at University’s discretion. The amount of unreimbursed Patent Expenses invoiced to University prior to the Effective Date is approximately thirty thousand forty nine US dollars and seventy six cents ($[***])132,169.53. For any Licensed Patents that have more than one licensee, Company will be responsible for no greater than its pro rata share of ongoing Patent Expenses.

Appears in 1 contract

Samples: Subscription Agreement (Global Cancer Technology, Inc.)

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Patent Expense Payment. Company will pay, or reimburse University for paying, all Patent Expenses on a pro rata basis with any other licensees of the Licensed Patents, incurred before, on or after the Effective Date within thirty (30) days of its receipt of University’s invoice for such Patent Expenses. University reserves the right to request advance payments for certain Patent Expenses, at University’s discretion. The amount of unreimbursed Patent Expenses invoiced to University prior to the Effective Date is approximately thirty thousand forty nine US dollars and seventy six cents ($[***]).

Appears in 1 contract

Samples: Exclusive License Agreement (Icosavax, Inc.)

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