License Issue Fee definition
Examples of License Issue Fee in a sentence
Such License Issue Fee shall be non-refundable and shall not be credited against any other payments that may be due hereunder.
In addition to the Section 4.1 License Issue Fee, Licensee agrees to pay to UFRF a royalty calculated as a percentage of Net Sales in accordance with the terms and conditions of this Agreement.
This Agreement shall automatically terminate and be of no further force and effect, without the requirement of any notice from Licensor to Licensee, if Licensor does not receive the License Issue Fee or certificates representing shares issued to Licensor pursuant to this Agreement, as applicable, within thirty (30) days of the Effective Date.
C.1.4 In the event that LICENSEE grants sublicenses, LICENSEE will collect an issue fee equal to or greater than the License Issue Fee.
In addition to the Section 4.1 License Issue Fee, Licensee agrees to pay to Licensor as earned royalties a royalty calculated as a percentage of Net Sales.
C.1.3 The License Issue Fee will not be credited against any other royalty or fee due from LICENSEE to THE REGENTS.
The License Issue Fee is non-refundable and not an advance against royalties or other payments due under this Agreement.
Such License Issue Fee shall be nonrefundable and is due fourteen days (14) from the complete execution of this Agreement.
Such License Issue Fee shall be deemed earned and immediately payable upon execution of this Agreement; failure to deliver said fee to Licensor on or before ten (10) business days following execution of this Agreement by both parties shall terminate this Agreement.
The License Issue Fee is nonrefundable and is due [***] ([***]) days from the complete execution of this Agreement.