Licensing Income means gross proceeds received by CMCC from licensing or optioning Patent Rights, including but not limited to equity, license issue and maintenance fees, minimum royalties, earned royalties, milestone payments and the like, but shall not include payments received for reimbursement of Patent Prosecution Expenses or funds received for research support.
Licensing Income means [***].
Licensing Income shall have the meaning assigned to such term in Section 4.2(iii).
Examples of Licensing Income in a sentence
Initial Indication Other Orphan Drug Indications Non-Orphan Drug Indication ***** ***** ***** Milestone 4: Within 30 days of reaching cumulative Net Sales and Net Licensing Income of ***** per Indication per Product, provided that at the date of reaching such cumulative income the Products that are generating the income are covered by a Valid Patent Claim.
Under the direction of Brad Holcomb, the Company's recently appointed Senior Vice President of Global Materials and Supply, the Company has consolidated spending for key materials and services to capture the purchasing leverage of the entire corporation.
When there is no Valid Claim of a LUMC Patent Right or a Joint Patent Right but products do harbour (unpatented) LUMC Technology ***** on Net Licensing Income received prior to Regulatory Approval of the Product.
Additionally, where Licensing Income is determined retroactively (see Sections 1.6(a) (i) and (ii)), a report to that effect shall be prepared within 30 days of the expiration of the relevant 12-month period.
The Director of Neighbourhoods advised that the Licensing Regulations around renewing Taxi Drivers licenses had also changed from annual cost of £88 to every 3 years, which would also have an impact on the Licensing Income.
More Definitions of Licensing Income
Licensing Income means (A) amounts received by PSI and/or its Affiliates from unaffiliated third parties in consideration for the grant of an express license to manufacture, use, sell or otherwise exploit a Product for use in the Field, or otherwise to use in the Field the Program Rights, including,
Licensing Income means all income (including in-kind, barter, or product sale income) actually received by or imputed to a Party in connection with any license or other agreement (including, but not limited to, a covenant not to xxx or release) principally involving one or more eCommerce Patents. Licensing Income, however, shall not include either of the following:
(a) Income received in the form of a sale of an actively utilized product or service, or product credits toward such a sale, where such sale or credits are the specified consideration in the license of one or more eCommerce Patents.
(i) Where a license provides credits to be used against the purchase of future products or services, any revenue or income imputed from or associated with such credits shall not be deemed to be Licensing Income provided the credits are actually used for products or services within 12 months of execution of the license; where utilization of the credits for purchase of products or services does not occur in whole or in part within 12 months of execution of the license, then the value of the unused credits shall be deemed to constitute Licensing Income, and the Licensing Share thereon shall be payable within 45 days following the expiration of the 12 month period.
(ii) Where the consideration for a license is the purchase of products or services by the licensee, and such products or services are not placed in active and productive use by the licensee within 12 months of the license, the value of the unutilized products or services shall be deemed to constitute Licensing Income, and the Licensing Share thereon shall be payable within 45 days following expiration of the 12 months.
(b) Income received by or imputed to NCR in a judgment, award or settlement in Litigation, where the eCommerce Patents were utilized either defensively or offensively in response to claims asserted by a third party.
Licensing Income means payments made by CHROMADEX to UNIVERSITY in consideration of the license rights granted by UNIVERSITY to CHROMADEX to make, have made, use and sell Licensed Standards and Technology.
Licensing Income means any and all cash (or cash equivalent) payments or in-kind payment, such as equity, received by Compugen or an Affiliate of Compugen as consideration for the grant of a CGP mAb License or a CGP No-Shop, less (i) Third Party Royalties paid in connection with such CGP mAb License or CGP No-Shop and (ii) the amount of any taxes withheld at source for which Compugen cannot receive a tax credit under then prevailing laws. For clarity, License Income will not include (a) the value of any cross-license received by Compugen or its Affiliates, (b) any payments made at fair market value for equity investments in Compugen, (c) research funding paid to Compugen under a written agreement with a research project and a budget intended to further research and development with respect to Target mAbs, (d) the value of any equipment or supplies received for use in the CGP or further development of Successful mAbs, or(e) arm's length loans provided to Compugen from the licensee on good faith commercial basis.
Licensing Income means the fair market cash value of any and all consideration received by Licensee or its Affiliates during the term of this Agreement from any Sub-Licensee and Sub-Sub-Licensee of the Licensed Technology, Patent or the Technical Information pursuant to sub-licensing arrangements including, but not limited to, License issue fees and other licensing fees, option fees, milestone payments, royalties from the sale or use of Products (other than Royalties), equity or other payments of any kind whatsoever irrespective of whether such revenues are received in the form of cash, barter, credit, shares, warrants, release from debt, goods or services, Licenses back, or any other form whatsoever, but excluding any monies received and expended on research or development of the Licensed Technology;
Licensing Income means any and all cash (or cash equivalent) payments or in-kind payment, such as equity, received by Compugen or an Affiliate of Compugen as consideration for the grant of a CGP mAb License or a CGP No-Shop, less (i) Third Party Royalties paid in connection with such CGP mAb License or CGP No-Shop and (ii) the amount of any taxes withheld at source for which Compugen cannot receive a tax credit under then prevailing laws. For clarity, License Income will not include
Licensing Income means all amounts paid to Coach and its affiliates by licensees of the Reed Krakoff Brand or Reed Krakoff Name.