Commercial License Fee definition

Commercial License Fee has the meaning set forth in Section 6.3.
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Commercial License Fee has the meaning set forth in Section 8.2.
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Commercial License Fee means the amount, if any, payable, by a Party to the other Party pursuant to Section 10.3.1(a) or 10.3.1(b) hereof, as applicable.
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Examples of Commercial License Fee in a sentence

  • Subject to the terms and conditions of this Agreement and upon payment of the Commercial License Fee, Licensor hereby grants to Licensee a fee- and royalty-bearing, non-exclusive license in and to the Licensor IP Rights, with the limited right to sublicense in accordance with Section 2.2, to Research, develop, commercialize, make, use, import, have imported, sell, have sold, offer for sale and otherwise dispose of Product in the Field in the Territory (the “Commercial License”).

  • Precision may invoice Baxalta for the Commercial License Fee upon the Commercial Option Exercise Date for the first Licensed Product Candidate Directed to each Included Target.

  • Further, as per the above said agreement, the company has to pay Annual Ground License Fee as well as Annual Commercial License Fee.

  • The initial payment of the Commercial License Fee shall be due and payable within [***] and shall end on the anniversary of the Effective Date immediately preceding BioWa’s receipt of the first royalty payment pursuant to Section 6.5.1 below.

  • In the event such notice is provided, upon the first date on which [***] and any required Antitrust Clearance has been obtained, (a) the Commercial Option for [***] shall be deemed exercised [***], and (b) unless Baxalta has previously paid to Precision the Commercial License Fee with respect to a Licensed Product Candidate or [***] with respect to [***].

  • If such termination occurs after payment of the Commercial License Fee, Oncotelic and its sublicensees shall have the right, for a period of six (6) months following termination, to sell or otherwise dispose of all such Licensed Products.

  • In the event such notice is provided, upon the first date on which [***] and any required Antitrust Clearance has been obtained, (a) the Commercial Option for [***] shall be deemed exercised [***], and (b) unless Baxalta has previously paid to Precision the Commercial License Fee with respect to [***], Baxalta shall pay to Precision the Commercial License Fee with respect to [***].

  • The Reservation Fee shall be creditable against any subsequent Commercial License Fee that may become due from Licensee to BioWa in respect of the same Reserved Target.

  • Kirin shall pay to Medarex a Commercial License Fee, if any, for each Antigen with respect to which Kirin has exercised its rights under a Commercial License pursuant to Section 10.3 hereof, and if the License is an Antigen Exclusive Commercial License or Antigen Semi-Exclusive Commercial License, an Antigen Exclusivity Fee, if any, pursuant to Section 10.4 hereof.

  • If a Party exercises its rights under a Commercial License in connection with an In-House Project for an Antigen that is designated as a [*] Target, such Party shall pay to the other Party a [*] Commercial License Fee in the amount of [*] within [*] days after the date of designation of such Target as a [*] Target pursuant to Article V hereof.


More Definitions of Commercial License Fee

Commercial License Fee means the fee required as set forth in Site Access Fee and Commercial Licensing Fee Policies as the price per minute or price per photo to display footage taken at DGPT Events for commercial purposes, no matter who originally recorded the displayed media. The Commercial License Fee may be paid via available credits granted to the Credential Holder or Affiliated Entity, or may be waived in the sole discretion of the Tour.
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Related to Commercial License Fee

  • Commercial License means any license issued to an individual or entity that is not a patient, caregiver, or transporter agent.

  • Initial license means the first permanent license granted to a qualified individual.

  • Perpetual License means a license which is everlasting and valid if the software is being used in accordance with the license-agreement requirements.

  • Retail license means one of the following licenses issued under this title:

  • Original license means a motor vehicle dealer license issued to an applicant who has never been

  • Reciprocal license means the issuance of an Iowa license to practice barbering to an applicant who is currently licensed in another state and which state has a mutual agreement to license persons who have the same or similar qualifications to those required in Iowa.

  • Material License has the meaning assigned to such term in Section 7.15.

  • Professional license means any license, permit, certificate, registration, qualification, admission, temporary license, temporary permit, temporary certificate, or temporary registration that is described in divisions (W)(1) to (37) of this section and that qualifies a person as a professionally licensed person.

  • Provisional license means a nonrenewable license issued by the Board of Education for a specified

  • Conditional license or "conditional approval" means a license

  • Local licensing authority means the governing body of a municipality or city and county, the board of county commissioners of a county, or any authority designated by municipal or county charter, municipal ordinance, or county resolution.

  • Financial licensing act means any of the financial licensing acts, as that term is defined in section 2 of the consumer financial services act, 1988 PA 161, MCL 487.2052.

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.

  • Occupational license means a certificate, registration, or license issued by a state department, bureau, or agency that has regulatory authority over an individual that allows an individual to legally engage in a regulated occupation or that allows the individual to use a specific title in the practice of an occupation, profession, or vocation.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Governmental Licenses has the meaning set forth in Section 4.3.

  • Royalty Term means, on a country-by-country basis, the period commencing on the First Commercial Sale of a Licensed Product in a country and ending on the latest of (a) ** thereafter, (b) expiration of the last-to-expire Valid Claim of a Licensed Patent that Covers the composition of matter of the Licensed Product in the country in which it is sold, or (c) the expiration of all Regulatory Exclusivity Rights with respect to such Licensed Product in the country in which it is sold.

  • Environmental Licence means any permit, licence, authorisation, consent or other approval required by any Environmental Law.

  • Exclusive License has the meaning set forth in Section 3.1.

  • License Type means the identification of whether the license for a Software Product is for a Perpetual Term or Subscription Term as specified in the Quote.

  • Business License means a license issued by the Department to a medical marijuana dispensary, grower, processor, testing laboratory, or transporter.

  • exclusive licence means a licence from the proprietor of or applicant for a patent conferring on the licensee, or on him and persons authorised by him, to the exclusion of all other persons (including the proprietor or applicant), any right in respect of the invention to which the patent or application relates, and “exclusive licensee” and “non-exclusive licence” shall be construed accordingly;

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Research License means a nontransferable, nonexclusive license to make and to use the Licensed Products or the Licensed Processes as defined by the Licensed Patent Rights for purposes of research and not for purposes of commercial manufacture or distribution or in lieu of purchase.