Net Licensing Revenues definition

Net Licensing Revenues means, with respect to any Product, the aggregate consideration received by Eton or its Affiliates in connection with the grant by Eton or its Affiliates to a Licensee of a license, immunity or other right under the Assigned Patent Rights to offer to sell, sell or otherwise commercialize such Product, excluding amounts calculated on the sales price of such Product.

Net Licensing Revenues means the aggregate cash consideration received by Eton or its Affiliates in consideration for the grant by Eton or its Affiliates to a Licensee of a license, immunity or other right under any intellectual property rights within the Assets to offer to sell, sell or otherwise commercialize a Product (excluding amounts received to reimburse Eton or its Affiliates for research, development or similar services conducted for Products, in reimbursement of out-of-pocket expenses relating to Products, or in consideration for the purchase of any debt or securities of Eton or its Affiliates).

Net Licensing Revenues means, with respect to any Product, the aggregate cash consideration received by Imprimis or its Affiliates in consideration for the grant by Imprimis or its Affiliates to a Licensee of a license, immunity or other right under the Assigned Patent Rights to offer to sell, sell or otherwise commercialize such Product (excluding amounts received to reimburse Imprimis or its Affiliates for research, development or similar services conducted for such Product, in reimbursement of patent or other out-of-pocket expenses relating to such Product, or in consideration for the purchase of any debt or securities of Imprimis or its Affiliates).

Examples of Net Licensing Revenues in a sentence

• Angel and Creator shall keep proper books and records showing its Xxxxx Xxxxx Licensing Revenues, Permitted Distribution & Marketing Expenses, Theatrical Marketing Cap, Xxxxxxxxxx Marketing Cap, Trailer Costs (if any), and Net Licensing Revenues, as well as all revenue Creator derives from the exercise of its Social Media Clip Licenses during the Term (the “Records”).

• Within sixty (60) days after the end of each calendar quarter during the applicable Payment Period, Melt shall deliver to Imprimis a report setting forth for such calendar quarter (a) the calculation of the applicable Payment Amount, including without limitation the Net Licensing Revenues and Net Sales of each Product; (b) the payments due under this Agreement for the sale of each Product; and (c) the applicable exchange rate as determined below.

• Angel further represents, warrants, and covenants that: (i) Angel is and shall remain the initial and primary recipient of all gross revenues generated from exploitation of the Content as contemplated by this Agreement; and (ii) there are and shall be no agreements, understandings, or interests, whether contractual or otherwise, that would precede Creator’s share of Net Licensing Revenues as contemplated in Paragraph 4.

• Royalties on Net Product Sales Revenues and Net Licensing Revenues denominated in a currency other than United States Dollars shall be payable based on the currency exchange rate in effect on the last business day of the applicable Year, as reported in the Wall Street Journal.

• For the avoidance of doubt, the DMC Media Patents Licence shall become royalty free as from the second anniversary of the date of this Agreement when any entitlement of the Seller to a share of the Purchaser's Net Licensing Revenues shall cease.

More Definitions of Net Licensing Revenues

Net Licensing Revenues means, with respect to any Product, the aggregate consideration received by Melt or its Affiliates in connection with the grant by Melt or its Affiliates to a Licensee of a license, immunity or other right under the Assigned Patent Rights to offer to sell, sell or otherwise commercialize such Product, excluding amounts calculated on the sales price of such Product.

Net Licensing Revenues means, with respect to any Product, the aggregate cash payment (or equity received in lieu of cash payments) received by Surface or its Affiliates as consideration for the grant by Surface or its Affiliates to a Licensee of a license, immunity or other right under the Assigned Patent Rights to offer to sell, sell or otherwise commercialize such Product, excluding: (a) amounts calculated on the sales price of such Product, (b) debt financing; (c) equity investments (and conditional equity, such as warrants, convertible debt) in Surface at market value; (d) reimbursements of patent prosecution costs and patent maintenance expenses; (e) withholding taxes and other amounts actually withheld from or deducted against the amounts paid to such party; (f) amounts received from Licensee for commercial manufacturing of goods if sales of such goods are already subject to an earned royalty; and (g) amounts received as payment or reimbursement for research, development and/or other services conducted by or for Licensee, including costs of materials, equipment, manufacturing services or clinical testing, e.g., provided on the basis of full-time equivalent efforts of personnel at or below commercially reasonable and standard FTE rates and/or the reimbursement of out-of-pocket expenses.

Net Licensing Revenues means all licensing revenues, whether as downpayments, prepaid royalties or current royalties fees, which shall be received from independent sublicensees by BN relative to the licensing of the Technologies covered by the Applications in the applicable jurisdictions, less any income or other tax withheld or otherwise paid to any jurisdiction in respect of the same (other than income taxes paid in respect to the general operations of BN).

Net Licensing Revenues means the aggregate of any and all consideration actually received by an ART Party (in good funds in the event the consideration is money), pursuant to any license or sublicense of the Intellectual Property, in whole or in part (collectively, the "Licenses"), granted by an ART Party to any Person (other than an ART Party), after deducting all of the following relating to each License: (1) any and all domestic and foreign duties, taxes, charges and other assessments of any kind (including, without limitation, withholding taxes (net of United States tax credits actually used by an ART Party), sales taxes, use taxes and any interest, fines or penalties thereon), directly or indirectly levied or imposed on an ART Party by any Government Authority; (2) any and all fees paid to independent brokers; and

Net Licensing Revenues means, with respect to any Product, the aggregate cash consideration or the cash value of any in kind remuneration received by Melt or its Affiliates in consideration for the grant by Melt or its Affiliates to a Licensee of a license, immunity or other right to offer to sell, sell or otherwise commercialize such Product (excluding amounts (a) received to reimburse Melt or its Affiliates for research, development or similar services conducted for such Product, in reimbursement of patent or other out of pocket expenses relating to such Product, (b) calculated on the sales price of such Product, or (c) in consideration for the purchase of any debt or securities of Melt or its Affiliates).

Net Licensing Revenues means the gross revenues received by a party from its respective licensing of third parties including Affiliates to make or produce Licensed Products less: (A) royalties payable to third parties; and (B) taxes not based upon income.

Net Licensing Revenues means, with respect to any Product, the aggregate consideration received by Surface or its Affiliates in connection with the grant by Surface or its Affiliates to a Licensee of a license, immunity or other right under the Assigned Patent Rights to offer to sell, sell or otherwise commercialize such Product, excluding amounts calculated on the sales price of such Product.