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

  • Indicate which interventions would be most appropriate to address the areas of scarcity.

  • The year ending inventory must be conducted in accordance with all procedures for processing Physical Inventory.

  • Until such obligations are fully satisfied, the Liquidating Trust shall be provided, upon request made not more than once every one hundred and eighty (180) days, an accounting from Purchaser of Net Licensing Revenues received by Purchaser.

  • Purchaser shall transfer to the either (A) the Liquidating Trust, if it has been formed, or (B) if a Liquidating Trust has not been formed, the Debtors, within fifteen(15) days of receipt by Purchaser: (i) the first $1,000,000 of Net Licensing Revenues, and (ii) five percent (5%) of all Net Licensing Revenues in excess of $2,000,000; provided that in no event shall the Liquidating Trust be entitled to receive in excess of $2,000,000 in the aggregate from Net Licensing Revenues.

  • Those assets consist primarily of the Retained Causes of Action and the following amounts (described in Article IV.5.c of this Disclosure Statement): (w) $400,000 that was deposited into a segregated account and will be transferred to the Liquidating Trust upon Confirmation, (x) the first $1,000,000 of Net Licensing Revenues and(y) 5%, up to another $1,000,000, of all Net Licensing Revenues in excess of $2,000,000.


More Definitions of Net Licensing Revenues

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, 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 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:
Net Licensing Revenues means Gross Amounts (defined below) paid to or received by ParkerVision in accordance with all License Agreements, less any direct costs and expenses paid by ParkerVision in connection with Patent Licensing Operations including, but not limited to, costs incurred for reverse engineering reports, product tear down reports, and outside licensing related legal services, but excluding any Retainer Payments, litigation related expenses and ParkerVision’s internal cost of operations such as employee wages and facilities and overhead costs (“Direct Licensing Costs”).
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, 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.