Common use of Sublicense Payments Clause in Contracts

Sublicense Payments. Licensee agrees to pay to University percent ( %) of all cash and non-cash considerations derived from Sublicenses granted by Licensee to and in Patent Rights, excluding earned royalties pursuant to paragraph 8.4, loans, equity investments, and research and development support. Licensee agrees to pay to University the earned royalty rate of paragraph 8.4 as applied to Sublicensee’s Net Sales Revenue for Licensed Product. Sublicense payments are due and payable within thirty (30) days of the end of each calendar quarter in which such consideration is received by Licensee.

Sublicense Payments. Licensee agrees to pay to University percent ( Fifty Percent (50%) of all cash and non-cash considerations derived from Sublicenses granted by Licensee to and in Patent Rights, excluding earned royalties pursuant to paragraph 8.48.3, loans, equity investments, and research and development support. Licensee agrees to pay to University the earned royalty rate of paragraph 8.4 as applied to each Sublicensee’s 's Net Sales Revenue for Licensed Product. Sublicense payments are due and payable within thirty (30) days of the end of each calendar quarter in which such consideration is received by Licenseequarter.