Sharing of CORPORATE PARTNER INCOME. (i) COMPANY shall pay M.I.T. a total of * of all CORPORATE PARTNER INCOME received by COMPANY, and AFFILIATES. Such amount shall be payable for each REPORTING PERIOD and shall be due to M.I.T. within sixty (60) days of the end of each REPORTING PERIOD.
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Samples: Patent License Agreement (Enumeral Biomedical Holdings, Inc.), Patent License Agreement (Enumeral Biomedical Holdings, Inc.)
Sharing of CORPORATE PARTNER INCOME. (i) COMPANY shall pay M.I.T. a total of * Twenty percent (20%) of all CORPORATE PARTNER INCOME received by COMPANY, and COMPANY or AFFILIATES. Such amount shall be payable for each REPORTING PERIOD and shall be due to M.I.T. within sixty (60) days of the end of each REPORTING PERIOD.
Appears in 2 contracts
Samples: Patent License Agreement, Patent License Agreement (MetaStat, Inc.)
Sharing of CORPORATE PARTNER INCOME. (i) COMPANY shall pay M.I.T. a total of * [***] percent ([***]%) of all CORPORATE PARTNER INCOME received by COMPANY, and COMPANY or any of its AFFILIATES. Such amount shall be payable for each REPORTING PERIOD and shall be due to M.I.T. within sixty (60) [***] days of the end of each REPORTING PERIOD.
Appears in 2 contracts
