Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty percent (50%) of all SUBLICENSE INCOME received by 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 4 contracts
Samples: Patent License Agreement, Patent License Agreement (ExOne Co), Patent License Agreement
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty [**] percent (50[**]%) of all SUBLICENSE INCOME received by COMPANY or AFFILIATES, excluding running royalties on NET SALES of SUBLICENSEES. 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: Exclusive Patent License Agreement (A123 Systems, Inc.), Exclusive Patent License Agreement (A123 Systems Inc)
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty [**] percent (50[**]%) of all SUBLICENSE INCOME received by COMPANY or AFFILIATESCOMPANY. 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 (Visterra, Inc.), Patent License Agreement (Visterra, Inc.)
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty Twenty percent (5020%) of all SUBLICENSE INCOME received by 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 SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty percent (50%) * of all SUBLICENSE INCOME received by COMPANY or AFFILIATESby. 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 (Enumeral Biomedical Holdings, Inc.), Patent License Agreement (Enumeral Biomedical Holdings, Inc.)
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty [**] percent (50[**]%) of all SUBLICENSE INCOME received by 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 (Momenta Pharmaceuticals Inc), Patent License Agreement (Momenta Pharmaceuticals Inc)
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty [**] percent (50[**]%) of all SUBLICENSE INCOME received by COMPANY or AFFILIATES. Such amount shall be payable for each REPORTING PERIOD in which SUBLICENSE INCOME is received and shall be due to M.I.T. within sixty (60) days of the end of each REPORTING PERIOD.
Appears in 1 contract
Samples: License Agreement (Visterra, Inc.)
Sharing of SUBLICENSE INCOME. COMPANY shall pay M.I.T. a total of fifty fifteen percent (5015%) of all SUBLICENSE INCOME received by COMPANY or AFFILIATES, excluding running royalties on NET SALES of SUBLICENSEES (which are payable pursuant to clause (c) above). Such amount shall be payable for each REPORTING PERIOD and shall be due to M.I.T. within sixty ninety (6090) days of the end of each REPORTING PERIOD.
Appears in 1 contract
