Sublicense Fees definition

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

Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:

Sublicense Fees shall have the meaning set forth in Section 4.5.

Examples of Sublicense Fees in a sentence

• In the event that the running royalties and Sublicense Fees paid to Licensor does not reach the minimum amounts set out in Section 3.5 of the Patent License Agreement for the periods indicated therein, Licensee will additionally pay a minimum royalty deficit sum (the difference between said minimum amount and the amount of cumulative royalties and Sublicense Fees actually paid) on or before the Quarterly Payment Deadline for the last Contract Quarter in such period.

• Without limiting the generality of the foregoing, Licensor may assign or pledge to a third party the Licensor’s right to receive future cash license fees, royalties, Sublicense Fees, and Milestone Fees payable by Licensee, together with associated audit and information rights.

• Licensee will pay Sublicense Fees equal to the percent of Non-Royalty Sublicensing Consideration indicated in Section 3.7 of the Patent License Agreement.

• This report will affirmatively state whether or not each particular form of license consideration (e.g., Milestone Fees, running royalties, minimum royalties, scheduled license fees, annual maintenance fees, Sublicense Fees, or assignment fee) was earned in such period and, if so, the method of calculation.

More Definitions of Sublicense Fees

Sublicense Fees means the fees specified in Section 3.1(d).

Sublicense Fees shall have the meaning as ascribed to such term in Section 5.6.

Sublicense Fees means all forms of consideration received by Licensee for a Sublicense, including, but not limited to royalties, cash, stock and other valuable non-cash consideration.

Sublicense Fees means gross consideration actually received by Licensee (i) as a fee for sublicensing the Licensed Work in object code form to any third party or (ii) as royalties under the terms of any such sublicense agreement.

Sublicense Fees means income received by LICENSEE or the Special Purpose Entity from any Sublicensee (other than the Special Purpose Entity). The following types of income received from a Sublicensee (other than the Special Purpose Entity) shall be excluded from Sublicense Fees: (a) royalties on sales of Licensed Products; (b) net proceeds [***] to LICENSEE or the Special Purpose Entity, but only to the extent said [***] is at [***]; (c) [***] reimbursement for (i) any [***] by or on behalf of LICENSEE, the Special Purpose Entity or any Affiliate, or (ii) any [***] for Licensed Products that LICENSEE or the Special Purpose Entity [***] (including in the case of the [***] reimbursements described in this clause (c), any amounts paid to LICENSEE or the Special Purpose Entity with respect to [***] as and to the extent that LICENSEE or the Special Purpose Entity (X) [***] and (Y) [***]); (d) documented line-item reimbursement for amounts actually paid to Cornell by LICENSEE under this Agreement; (e) reimbursement of actual [***]; and (f) net proceeds resulting from any sale of any [***] LICENSEE or the Special Purpose Entity to Sublicensees [***].

Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense for Patent Rights and Technology, but excluding:

Sublicense Fees is defined in Paragraph 7.1. *** INDICATES MATERIAL THAT WAS OMITTED AND FOR WHICH CONFIDENTIAL TREATMENT WAS REQUESTED. ALL SUCH OMITTED MATERIAL WAS FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 406 PROMULGATED UNDER THE SECURITIES ACT OF 1933, AS AMENDED. 12 ***_FivePrime