Licensee Indemnitees has the meaning set forth in Section 11.2.
Buyer Losses has the meaning set forth in Section 10.1(a).
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 payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.
Seller Indemnitees has the meaning set forth in Section 8.03.
Sublicensing Revenue means all fees, royalties and other compensation paid to LICENSEE by any Sublicensee for performing any rights or licenses which are subject to this Agreement. If the compensation is other than cash, then the Sublicensing Revenue shall be the cash equivalent of such other than cash compensation.
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 7.2.
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;