License Agreement Year definition

License Agreement Year means the period from July 1 through June 30 of each year during the term of this Agreement.
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License Agreement Year means each twelve (12) month period within the Term (as hereinafter defined) beginning on each July 1 during the Term of this Agreement.
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License Agreement Year means and include each twelve-month period, beginning with the Operative Date, during the term of this Agreement.
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Examples of License Agreement Year in a sentence

  • Such examination and verification shall not occur more than once each License Agreement Year and the calendar year immediately following termination of this Agreement.

  • LICENSEE shall furnish MCGRI copies of such records upon MCGRI’s request, which shall not be made more often than once per License Agreement Year.

  • Any minimum royalty payment due under Article 4 shall accompany the report for the quarter ending on June 30 of the applicable License Agreement Year.

  • Such reports shall be due on July 1 and January 1 of each License Agreement Year, beginning with July 1, 1996, for the immediately preceding half-year.

  • Prior to the first commercial sale of a Licensed Product, Licensee shall pay to MCGRI an annual license fee equal to [*] per License Agreement Year, within sixty (60) days following the end of each License Agreement Year.

  • Following the first commercial sale of a Licensed Product, within sixty (60) days after the end of each License Agreement Year during the term of this Agreement thereafter, if earned royalties for such License Agreement Year are less than [*], Licensee will pay to MCGRI a minimum annual royalty equal to the difference (if any) between [*] and earned royalties for such year.

  • LICENSEE shall furnish UNIVERSITIES copies of such records upon UNIVERSITIES’ request, which shall not be made more often than once per License Agreement Year.

  • In addition, LICENSEE will provide up to one additional progress report during each License Agreement Year prior to the first commercial launch of a Licensed Product if UNIVERSITIES specifically request LICENSEE to do so, by a written request given to LICENSEE during such License Agreement Year.

  • All royalty payments required under this Agreement pursuant to Article 4.3 shall be due sixty (60) days following the end of a quarter, for Sales occurring during the immediately preceding quarter of each License Agreement Year.

  • Royalties shall be payable semi-annually as of June 30 and December 31 with respect to Sales during the preceding six (6) months in a country for the License Agreement Year in which the applicable Licensed Product is first launched on the commercial market in such country and for the next following License Agreement Year, and on a quarterly basis as of September 30, December 31, March 31, and June 30 of each License Agreement Year thereafter.


More Definitions of License Agreement Year

License Agreement Year means the period from the Effective Date of this Agreement through the following one-year period of each year during the term of this Agreement.
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License Agreement Year means each calendar year commencing on January 1 and ending on December 31 during the term of this Agreement.
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Related to License Agreement Year

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • Collective agreement year means each twelve (12) month period commencing on the first day of the renewed collective agreement. For example, the collective agreement year for a collective agreement that commences on April 1, 2014 is April 1, 2014 to March 31, 2015 and each period from April 1 to March 31 for the term of the collective agreement.

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • License year means the period of time for which a

  • Software License Agreement means the Motorola Software License Agreement (Exhibit A).

  • End User License Agreement means a license grant or end user license agreement governing software as further described in this Agreement or any applicable Appendix.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • License Agreements shall have the meaning set forth in Section 8.11 hereof.

  • Payment Year means the calendar year during which the applicable Initial Year Payments or Annual Payments are due pursuant to subsection V.B. Payment Year 1 is 2022, Payment Year 2 is 2023 and so forth. References to payment “for a Payment Year” mean the Initial Year Payments or Annual Payment due during that year. References to eligibility “for a Payment Year” mean eligibility in connection with the Initial Year Payments or Annual Payment due during that year.

  • IP License Agreement shall have the meaning set forth in Section 1.2.

  • Technology License Agreement means the agreement in the form of Exhibit H hereto.

  • Assessment year means the period of twelve months commencing on the 1st day of April every year;

  • Company License Agreements means any license agreements granting any right to use or practice any rights under any Intellectual Property (except for such agreements for off-the-shelf products that are generally available for less than $25,000), and any written settlements relating to any Intellectual Property, to which the Company is a party or otherwise bound; and the term “Software” means any and all computer programs, including any and all software implementations of algorithms, models and methodologies, whether in source code or object code.

  • Employment Year means each twelve-month period, or part thereof, during which Employee is employed hereunder, commencing on the Commencement Date and on the same day of the subsequent calendar year and each consecutive 12 month period thereafter.

  • License Period means the period beginning from the Commencement Date and ending on the Termination Date.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Patent License Agreement means the Patent License Agreement substantially in the form of Exhibit C.

  • Collaboration Term has the meaning set forth in Section 2.1(h).

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • 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.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • License Term means the duration of a License as specified in the Order.

  • Grant Year has the same meaning as in subclause 1(1) of Schedule 1 of HESA;