License Fees and Royalties. Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.
License Fees and Royalties. Except as FTA determines otherwise in writing, and (1) Consistent with 49 C.F.R. parts 18 and 19:
(a) FTA considers income earned from license fees and royalties for patents, patent applications, and inventions produced under the Project to be program income, and
(b) Except to the extent FTA determines otherwise in writing, the Recipient has no obligation to the Federal Government with respect to that program income, apart from compliance with 35 U.S.C. §§ 200 et seq., which applies to patent rights developed under a research project, and
License Fees and Royalties. The licenses granted hereunder are fully paid and without royalty.
License Fees and Royalties. 3.1. Licensee shall not pay royalties or fees to NTESS during the term of this License.
License Fees and Royalties. As consideration for the licenses granted by Licensor to Licensee pursuant to Section 2 above, Licensee agrees to pay license fees and royalties to Licensor pursuant to the payment plan set forth on Schedule D attached to this Agreement.
License Fees and Royalties. 7.1. For the license to the Synapse 3220 class of Products, TI shall pay a non-refundable license fee and prepaid royalty fee (“Initial Fees”) of [***] upon the terms and milestones set forth in Exhibit A. Further, TI shall pay to Sonics the License Fees and applicable Running Royalty for License Products utilizing future Licensed Technology for which TI may exercise its option in accordance with the terms of the applicable Exhibit A addendum established pursuant to Section 8 herein.
7.2. The Running Royalty for each class of Licensed Product that is subject to Running Royalty shall be a sum equal to the aggregate number of units of Licensed Products sold by TI during the reporting period that are embedded with a Smart Core, which are in a common class of Sonics Products, less returns and amounts actually repaid or credited with respect to any Licensed Products within the same class that are returned and that are subject to Running Royalty Fees, multiplied by the ASP therefore, multiplied by the applicable Running Royalty rate, all as set forth in Exhibit A and/or its addenda, save that the aggregate Running Royalty for any Licensed Product (incorporating a Smart Core from any single class of Sonics Products) shall not exceed, the following per unit limit: In the event that any Licensed Product incorporates Smart Cores from more than one class of Sonics Products, the running royalty payable for such Licensed Product shall be calculated as follows. The two highest running royalty rates then applicable shall be aggregated and the resulting running royalty rate shall be applied to such Licensed Product in accordance with this Section 7.2, provided, however, that in no event shall the running royalty applicable for any such Licensed Product exceed [***].
7.3. With respect to each Licensed Product for which a Running Royalty shall apply, TI shall pay the Running Royalty for a period of not less than ten (10) years from the date of first sale, supply or distribution of that Licensed Product. Thereafter, TI shall pay Sonics a Running Royalty only on the sale of such Licensed Products if the manufacture or sale would infringe upon unexpired Sonics patents.
7.4. TI undertakes not to employ its modification rights to re-design Smart Cores to avoid Sonics patents where there is no substantial engineering purpose to be served by the change.
7.5. Running Royalties due to Sonics under this Agreement shall be paid in accordance with the terms set forth in Exhibit D and s...
License Fees and Royalties. In consideration of the license granted under this Agreement, LICENSEE shall pay to LICENSOR, the Initial License Fee in the manner designated below and the Earned Royalties and the Pass Through Royalties until the Agreement shall be terminated, as follows:
License Fees and Royalties. The licenses granted hereunder are subject to payment of certification program fee as set forth in Exhibit A. The Foundation may revise the fee associated with the applicable Certification Xxxx from time to time.
License Fees and Royalties. As permitted by 2 CFR 200, Appendix II (F):
a) License fees and royalties for patents, patent applications and inventions derived from the project are program income; and
b) The Contractor has no obligation to the Federal Government with respect to those license fees or royalties; except:
(1) For compliance with 35 USC § 200 et seq., which applies to patent rights developed under a federally funded research-type projects; and
(2) As FTA determines otherwise in writing.
License Fees and Royalties. 5.1 Up-front license fees
(a) USD400,000, to be paid within 10 Business Days after the Effective Date; and
(b) USD300,000, to be paid on or before the first anniversary of the Effective Date unless this Agreement is earlier terminated in accordance with clause 15.5(a).
