Common use of Sublicensee Payments Clause in Contracts

Sublicensee Payments. Licensee will pay Licensor ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by Licensee from sublicensees, excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Licensor receives payment in accordance with Section 3.1.1

Appears in 7 contracts

Samples: License Agreement (Regen BioPharma Inc), License Agreement (Regen BioPharma Inc), License Agreement (Regen BioPharma Inc)

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Sublicensee Payments. Licensee will pay Licensor ten percent (10%) of all consideration (in the case of in-kind consideration, at fair market value as monetary consideration) received by Licensee from sublicensees, excluding royalties from sublicensees based on Net Sales of any Licensed Products for which Licensor receives payment in accordance with Section 3.1.13.3.1

Appears in 4 contracts

Samples: License Agreement (Regen BioPharma Inc), License Agreement (Regen BioPharma Inc), License Agreement (Zander Therapeutics, Inc)

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