ROYALTY AND LICENSE FEE Sample Clauses

ROYALTY AND LICENSE FEE. 6.1 Except as provided in this Article 6 of this Agreement, no Party will be obligated to pay to the other Party any fee, royalty or any form of monetary consideration for use, exploitation or sublicensing of Pool IP.
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ROYALTY AND LICENSE FEE. (a) In consideration of the grant of the Sublicense, the Licensee shall pay to Iomed an earned royalty of one and one-half percent (1.5%) (the "Royalty") of all "Net Sales Proceeds (as hereinafter defined) received by the Licensee or its Sublicensees from all sales of the University Products which are made between the effective date of this Agreement and September 30, 2007 (the "Royalty Period"). Following the Royalty Period, no royalties, fees or other payments shall be due Iomed as the result of or in connection with the sale by the Licensee or any of its Sublicensees, of the University Products or any
Sample 1
ROYALTY AND LICENSE FEE. (a) In consideration of the grant of the Sublicense, the Licensee shall pay to Iomed an earned royalty of ******************************* (the "Royalty") ************************** (as hereinafter defined) received by the Licensee or its Sublicensees from all sales of the University Products which are made between the effective date of this Agreement and ****************** (the "Royalty Period"). Following the Royalty Period, no royalties, fees or other payments shall be due Iomed as the result of or in connection with the sale by the Licensee or any of its Sublicensees, of the University Products or any
Sample 1
ROYALTY AND LICENSE FEE. (a) In consideration of the grant of the Sublicense, the Licensee shall pay to Iomed an earned royalty of **** (the "Royalty") **** (as hereinafter defined) received by the Licensee or its Sublicensees from all sales of the University Products which are made between the effective date of this Agreement and **** (the "Royalty Period"). Following the Royalty Period, no royalties, fees or other payments shall be due Iomed as the result of or in connection with the sale by the Licensee or any of its Sublicensees, of the University Products or any other products which incorporate or utilize any of the technology which is the subject of the University Patents or which is otherwise covered by the Sublicense.
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Related to ROYALTY AND LICENSE FEE

  • License Fee Controlled Affiliate will pay to BCBSA a fee for this License determined pursuant to the formula(s) set forth in Exhibit B.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • Royalty 8.1 In consideration of the rights granted under clause 2, the Licensee shall pay to the Licensor royalties, on each twelve month time period, first calculated from the date of execution of this Agreement, and calculated on a scale as follows:

  • Third Party Royalties Each party shall be responsible for all of its own costs of commercializing Products or licensing Intellectual Property Rights, including any payments to Third Parties for work done by such Third Parties or for licenses necessary for the manufacture, sale, or use of Products by a party or its Affiliates or sublicensees.

  • License Maintenance Fee Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Sublicense Income Company shall pay Medical School {***} of all Sublicense Income. Such amounts shall be due and payable within sixty (60) days after Company receives the relevant payment from the Sublicensee.

  • Royalties 8.1 In consideration of the license herein granted, LICENSEE shall pay royalties to LICENSOR as follows:

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

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