Licensee Indemnitees has the meaning set forth in Section 11.2.
Buyer Losses shall have the meaning set forth in Section 11.1 hereof;
Sublicense Fees shall have the meaning set forth in Section 7.3 below.
Seller Losses has the meaning set forth in Section 10.2(a).
Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.
Sublicense Revenues means [***].
Tax Losses has the meaning assigned to such term in Section 7.1(a).
Sublicense Revenue means [***].
Purchaser Losses shall have the meaning set forth in Section 9.1(a).
Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.
Seller Indemnitees has the meaning set forth in Section 8.03.
Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.
Loss or Losses means all losses, damages, liabilities, deficiencies, claims, actions, judgments, settlements, interest, awards, penalties, fines, costs or expenses of whatever kind, including reasonable attorneys' fees and the costs of enforcing any right to indemnification hereunder and the cost of pursuing any insurance providers.
Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.
Buyer Indemnitees has the meaning set forth in Section 8.02.
Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.
Net Sales means [***].
Seller Indemnified Party has the meaning set forth in Section 7.2.
Licensee Parties has the meaning ascribed to such term in Section 5.1.
Licensor Indemnitees has the meaning set forth in Section 9.1.
Purchaser Indemnitees has the meaning set forth in Section 7.02.
Buyer Indemnified Party has the meaning set forth in Section 8.2.
Tax Indemnified Party shall have the meaning set forth in Section 7.6(d).
Indemnifiable Losses means any and all Losses relating to, arising out of or resulting from any Indemnifiable Claim.
Direct Losses means all damages, losses, liabilities, penalties, fines, assessments, claims, actions, costs, expenses (including the cost of legal or professional services, legal costs being on a substantial indemnity basis), proceedings, demands and charges whether arising under statute, contract or at common law, except Indirect Losses.
Gross Profits means the gross profits calculated under section 4;