Examples of Nonroyalty Sublicensing Consideration in a sentence
The report will include an overview of the process and documents relied upon to permit Stanford to understand how the earned royalties and Nonroyalty Sublicensing Consideration are calculated.
Beginning with the first sale of a Licensed Product by ***** or a sublicensee, or with the first receipt of any Nonroyalty Sublicensing Consideration by *****, ***** will submit to Stanford a written report, an earned royalty payment and/or Nonroyalty Sublicensing Consideration payment due Stanford within 30 days after each calendar period, where the period is initially on a per-year basis, and changes to a per-quarter basis when annual royalty payments to Stanford exceed $200,000.
Beginning with the first sale of a Licensed Product by ***** or a sublicensee or a first Sublicense, whichever is first, ***** will submit to Stanford a written report (even if there are no sales or Sublicenses) and an earned royalty payment and a Nonroyalty Sublicensing Consideration payment within 30 days after the end of each calendar quarter.
With each report, ***** will include any earned royalty payment and Nonroyalty Sublicensing Consideration payment due Stanford for the completed time period(as calculated under Section 7.9 and Section 4.6).
With each report ***** will include any earned royalty payment and Nonroyalty Sublicensing Consideration payment due Stanford for the completed calendar quarter (as calculated under Section 7.8 and Section 4.6).