Licensing Payments definition

Licensing Payments means option fees, up-front fees, license signing fees, license maintenance fees, milestone payments, success fees, royalties, and profit sharing payments paid by or on behalf of the licensee.
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Licensing Payments shall include all up front or annual fees from third party licensing activities plus any allocation of the ongoing share of revenues from licensing arrangements.
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Licensing Payments any payments of any kind paid (other than royalty payments) by the Borrower or any Subsidiary of the Borrower in respect of Intellectual Property licenses; provided that with respect to the License Agreement, Licensing Payments shall only include those payments made pursuant to Sections 8 and 9 of the License Agreement.
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Examples of Licensing Payments in a sentence

  • The Parties shall keep or cause to be kept, in accordance with good accounting practices, books, records, and accounts of operations, relating to use and licensing of the Technology, as may be necessary for determining the Royalty Payments and Licensing Payments that may become due.

  • For clarity, amounts included in the calculation of Net Commercialization Licensing Payments shall not be counted more than once, whether in the calculation of Net Development Licensing Payments or in the calculation of any other Net Commercialization Revenues.

  • The Parties hereby agree to develop a joint strategy and business plan, designed to maximize Licensing Payments and deployment of the Technology.

  • For clarity, if any investments made by Parent and its Affiliates (other than the Company and its Subsidiaries) in development activities of ADASUVE in the Xxxxxx Territory (as defined in the License Agreement) result in milestone or other similar payments under an agreement with a third party with respect to the Xxxxxx Territory, then such payments shall not be included in the calculation of Net Commercialization Licensing Payments hereunder.

  • We note that the results were robust to the inclusion of the FTA dummy variable in these regressions, i.e., the sign, significance, and magnitude of the coefficient results did not change whether the FTA variable was included.Table 2aEconometric Results: Effects on U.S. Goods Imports andU.S. Royalty and Licensing Payments Dependent Variable Standard errors are in parentheses.

  • With respect to the Profit-Sharing Territory, the Parties will share (50:50) as Third Party Licensing Payments as part of the Pre-Tax Profit or Loss all financial obligations (including all royalties and milestone payments) under the ITEOS Background Agreements that relate to Exploitation of the Licensed Products in the Profit-Sharing Territory.

  • In brief, the overall comments conclude that the QHP certification requirements fall into these groups:Dental Plans Can Meet the Requirements: Licensing, Payments & Fees, Child-Only Plans, Non-Discrimination, Plan Rates, Provider Costs, Marketing, Community Providers, Geographic Coverage, Broker & Plan Offerings, Enrollment Periods, Payment Processes, Enrollee Termination, SHOP Requirements, Enrollee Non-Recertification, and QHP Decertification.

  • Blaze represents, warrants and covenants that it will be solely responsible for and indemnify Rayze against claims or Losses for such [***] Licensing Payments following payment from Rayze of the applicable amount.

  • Any uncured failure to pay [***] Licensing Payments in accordance with the terms of the Hutch Sublicense (including any applicable notice, cure and late payment provisions) shall terminate the applicable Hutch Sublicense rights (i) to Rayze under Sections 6.2.2, 6.2.3 and 6.4, and (ii) to any of Rayze’s Sublicensees under Section 6.4 (subject to Section 9.8).

  • The phrase "and Licensing Payments" is deleted from the first sentence of Section 3.2 of the License Agreement.

Related to Licensing Payments

  • 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.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • 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.

  • recurring payments “reference transactions” "preauthorized transfers" or "preapproved payment." You can cancel your billing agreement at any time in your account interface or by contacting us. Where a payment under that billing agreement is scheduled to be made before the end of the next Business Day after you tell us to cancel it, we may cancel your billing agreement after that payment has been made. If you cancel a billing agreement, you may still owe the recipient money for goods or services that you have received but have not paid for. If we determine currency conversion is necessary for a billing agreement payment, and we perform the conversion, we will use the transaction exchange rate in effect at the time the payment is processed. The transaction exchange rate for each payment transaction may vary. We may allow the recipient of your payment to: • Refuse to accept it. • Decide to accept it and then use our service to send you a refund of all or any part of the amount of the payment later. We will return the amount of any refused payment or refunded payment to your Balance. We will return the amount of an unclaimed payment to your balance within 30 days after the date you initiated the payment. If any amount of any payment is returned to you in any of the ways outlined above, we may convert the returned amount for you into either: • The currency of the balance you used for the original payment (before any conversion into the currency received by the recipient happened). • The opening currency of your account. • US dollars (opening a balance in that currency for you, if you don’t have one already). If the original payment you sent involved a currency conversion we will convert the returned amount from the currency received by the recipient as follows: • If the amount is returned within one day of the date of the original payment we will use our transaction exchange rate applicable on the date of the original payment, so that you receive the original amount in the original currency you converted for the original payment. • If the amount is returned after one day of the date of the original payment we will use and you agree to accept our transaction exchange rate applicable at the time of the conversion of the returned amount. The transaction exchange rate may be applied immediately and without notice to you. We may also automatically withdraw the returned amount from your Balance and transfer the funds back to the funding source you used for the original payment. Withdrawals can also involve a currency conversion – see the section on Withdrawing money above. The returned amount could be lower in value than your original payment amount. This can happen as a result of: • The recipient sending you a refund lower in value than your original payment amount. As we are only a payment service provider, we cannot know what you are entitled to from the original payment recipient as a refund or why the recipient sent the refund in a particular amount. • Transaction exchange rate fluctuations. PayPal is not responsible for any loss resulting from the recipient's decision to refuse or refund your payment, except to the extent that a refund sent by the recipient is a payment executed incorrectly by PayPal We are not liable to you for the difference between the value of your original payment and the value of the resulting refund, except to the extent that the refund is an incorrect payment (see the section on Resolving Problems).

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • Sublicense Revenues means [***].

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Sublicense Revenue means [***].

  • Licence Fee means the licence fee specified in Item 7 of Schedule 1.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Upfront Payment has the meaning set forth in Section 4.1.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Termination Payments has the meaning specified in Section 10(a).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Lease Termination Payments means all payments received by or on behalf of any Seller with respect to a Lease with respect to any terminations, surrenders, modifications, renewals or amendments of any such Lease.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Payments refers to anything of value, including cash, gifts, travel expenses, entertainment, offers of employment, provision of free services, and business meals. It may also include event sponsorships, consultant contracts, fellowship support, job offers, and charitable contributions made at the request of, or for the benefit of, an individual, his or her family, or other relations, even if made to a legitimate charity.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • 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.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.