Future Expenses definition

Future Expenses. All future expenses in respect of the Licensed Patent shall be paid by LICENSEE during the term of this Agreement.
Future Expenses. All future expenses in respect of the Patent shall be paid by Purchaser during the term of this Agreement. Patent Maintenance Fees - All maintenance costs for issued Patents shall be paid by Purchaser during the term of this Agreement. Purchaser shall have the right to notify that it has no further interest in any particular patent requiring prosecution or maintenance payments, and ______________ may then elect to make the maintenance payments himself or abandon the patent. The IP has been assigned to the Purchaser pursuant to the terms of the Asset Purchase Agreement. Notwithstanding anything to the contrary in this Royalty Agreement, the parties agree that the IP has been irrevocably assigned to the Purchaser for good and valuable consideration. Any disputes, disagreements, cancellations or terminations of, or associated with, this Royalty Agreement shall be resolved in accordance with the dispute resolution terms of this Royalty Agreement. This shall be the sole manner of recourse available to the parties.
Future Expenses. All future expenses in respect of the Licensed Patent shall be paid by LICENSEE during the term of this Agreement. Patent Maintenance Fees - All maintenance costs for issued Licensed Patents shall be paid by LICENSEE during the term of this Agreement. LICENSEE shall have the right to notify ▇▇▇▇▇▇▇▇ that it has no further interest in any particular patent requiring prosecution or maintenance payments, and ▇▇▇▇▇▇▇▇ may then elect to make the maintenance payments himself or abandon the patent.

Examples of Future Expenses in a sentence

  • Future Expenses incurred, if any, must be submitted on Synacor’s invoice, together with appropriate supporting documentation.

  • Developer shall provide City with written notice of any withdrawal of the Development Fees, including, but not limited to, withdrawals for Past Expenses, Future Expenses and Reinvestment Amounts.

  • The Company shall arrange for the fees and expenses of Wachovia Capital Markets, LLC to be paid at Closing out of the Estimated Future Expenses.

  • The Debtors, subject to Bankruptcy Court approval, shall pay in cash (i) all Prior Expenses promptly following entry of the Plan Support Agreement Approval Order and (ii) all Future Expenses promptly upon delivery of an invoice to the Debtors, but in no event later than ten (10) business days following such delivery and are, once paid, not refundable under any circumstances and will not be subject to counterclaim or setoff for, or be otherwise affected by any claim or dispute relating to any other matter.

  • In the event the amount of such reserve exceeds Actual Future Expenses, the Shareholder Representative shall distribute the excess to those Stockholders entitled to receive Merger Consideration on a pro rata basis in accordance with Section 3.02(a), at the times determined by the Shareholder Representative in his sole opinion, and such amounts shall be deemed to be Post-Closing Merger Consideration.

  • In no event shall the Shareholder Representative, the Parent, the Intermediate Parent or the Surviving Corporation be liable for Actual Future Expenses.

  • The Shareholder Representative shall cause all Dispute Losses due to a Dispute Indemnified Party to be paid on behalf of the Stockholders, initially from the Estimated Future Expenses and then, upon exhaustion of the same, from the Escrow Amount and finally from the Shareholder Representative personally.

  • The aggregate total of the Past Expenses and Future Expenses shall in no event exceed the amount which would leave a balance of the total Development Fees shown on the Financial Projections of Ten Million and No/100 Dollars ($10,000,000.00) to be distributed once the Project has Stabilized as provided herein.


More Definitions of Future Expenses

Future Expenses means, with respect to a Distribution Date, the aggregate amount determined by the Issuer to be (i) Expenses which are expected to be incurred by or on behalf of the Issuer in the period commencing on that Distribution Date and (ii) Expenses which may be incurred by or on behalf of the Issuer after that Distribution Date in respect of which the

Related to Future Expenses

  • Current Expenses means operating costs other than personal services and shall not

  • Reasonable Expenses means the reasonable expenses of Employee or Personnel, as the case may be, for which those Employees or Personnel may be reimbursed under the Operator's usual expense account practice; including without limiting the generality of the foregoing, any relocation expenses necessarily incurred in order to properly staff the Mining Operations if the relocation is approved by the Management Committee.

  • O&M Expenses means expenses incurred by or on behalf of the Developer or by the Authority, as the case may be, for all O&M including (a) cost of salaries and other compensation to employees, (b) cost of materials, supplies, utilities and other services, (c) insurance premium, (d) all taxes, duties, cess and fees due and payable for O&M, (e) all repair, replacement, reconstruction, reinstatement, improvement and maintenance costs, (f) payments required to be made under the O&M Contract, or any other contract in connection with or incidental to O&M, and (g) all other expenditure required to be incurred under Applicable Laws, Applicable Permits or this Agreement.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.