Royalties and Sublicense Licensing Fee Payments. (a). In further consideration of the rights and licenses granted hereunder, Licensee shall pay UM a royalty of *** of Net Sales of all Products sold by Licensee or its Affiliate for commercial use.
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Samples: License Agreement (Nemus Bioscience, Inc.), License Agreement (Nemus Bioscience, Inc.), License Agreement (Nemus Bioscience, Inc.)
Royalties and Sublicense Licensing Fee Payments. (a). In further consideration of the rights and licenses granted hereunder, Licensee shall pay UM a royalty of [*** **] of Net Sales of all Products sold by Licensee or its Affiliate for commercial use.
Appears in 3 contracts
Samples: And Amended License Agreement (Skye Bioscience, Inc.), And Amended License Agreement (Emerald Bioscience, Inc.), And Amended License Agreement (Emerald Bioscience, Inc.)
Royalties and Sublicense Licensing Fee Payments. (a). In further consideration of the rights and licenses granted hereunder, Licensee shall pay UM a royalty of [*** *] percent ([***]%) of Net Sales of all Products sold by Licensee or its Affiliate for commercial use.
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