Sublicense Payment definition

Sublicense Payment shall have the meaning set forth in Article 4.3(a).
Sample 1
Sublicense Payment means a payment received by Licensee as direct consideration specifically for the grant of a Sublicense of the Licensed Patents. For purposes of paragraph 3.5 and this Appendix C, Sublicense Payments include, but are not limited to, (a) Sublicense signing or upfront fees, (b) the portion of any premium (the excess over the fair market value) paid by Sublicensee for debt or equity securities issued by Licensee to a Sublicense to the extent such premium is (i) direct consideration for entering into a Sublicense, and (ii) exceeds [******] of the fair market value of the debt or equity securities issued by Licensee in direct connection with a Sublicense; (c) development or commercial diligence milestone payments for development or commercialization of Licensed Products, (d) annual license maintenance fees in excess of amounts payable to CARDIFF and KUL by Licensee as set forth in Appendix B; (e) royalties received by Licensee from a Sublicensee; (f) annual minimum royalty payments received by Licensee from a Sublicensee; or (g) similar consideration that is milestone-based, development-based, or diligence-based. Notwithstanding the foregoing, Sublicense Payment specifically excludes the following payments received by Licensee from any Sublicensees: (a) reasonable funding or reimbursement for research activities performed by Licensee on behalf of a Sublicensee after the effective date of the respective Sublicense; (b) reasonable payments or reimbursements for materials made for or transferred to a Sublicensee after the effective date of the respective Sublicense; (c) reasonable payments or reimbursements for other expenses incurred by Licensee on behalf of and for the benefit of a Sublicensee after the effective date of the respective sublicense; (d) reimbursement for Licensee’s payment of Patent Expenses to CARDIFF incurred before or after the effective date of the Sublicense; (e) reasonable payments or reimbursements for the cost of clinical trials conducted by Licensee or on behalf of Sublicensee after the effective date of the Sublicense; (f) reasonable payments for the transfer to a Sublicensee of know-how developed by Licensee without input by CARDIFF or KUL, or if with input from CARDIFF or KUL, then the pro rata portion of such payment; and (g) consideration of any kind received by Licensee for the transfer or grant from Licensee to a Sublicensee of rights, assets or value of any kind other than rights within the Licensed Patents under this Agreement. L...
Sample 1
Sublicense Payment has the meaning set forth in Section 6.2.1 (Sublicense Payments).
Sample 1

Examples of Sublicense Payment in a sentence

  • De Holan and Phillips‟ (2004) concept of “organization forgetting” acknowledges the importance of organizational forgetting in the context of memory disappearance in its transfer to the organization long- term memory; memory decay over time leading onto organizational forgetting due to lack of maintenance and forgetting as a necessity for change.Information technology (IT) is one way in which memories permeate across different contexts by being embedded in objects.

  • The Minimum Sublicense Payment will increase on each January 1st after the Effective Date by 3%.

  • Each of the Sublicense Payment Statement shall also contain an up to date summary of the progress of EWT in its dealings with each of the Accepted Customers and each of their respective projects.

  • The Sublicense Payment Statement shall also set forth the Cumulative Sublicense Payment and reflect any Accepted Customers for which payment has not yet been received by EWT.

  • Such amounts will be due to Nogra within [***] after receipt of the applicable Sublicense Payment.

  • EWT shall pay interest to AWE at the rate of six percent (6%) per annum on any Sublicense Payment that is paid by EWT beyond ten (10) days of the date of being due.

  • Some state SRF programs have already built mechanisms for gauging project cost- effectiveness into their priority ranking systems in which construction and O&M costs, as well as cost/benefit indicators, are assessed.

  • The Capex for this project is 71 million dollars and the progress is 42.2%.

  • The Joint Ministers could delegate further decisions to the Transport Agency and KiwiRail Boards where it is appropriate for individual projects.

  • The Sublicense Payment Statement shall include a payment history as to each Accepted Customer and the related Sublicense Payments.


More Definitions of Sublicense Payment

Sublicense Payment shall have the meaning ascribed to that term in Section 3.1.
Sample 1
Sublicense Payment means a payment received by Licensee as direct consideration specifically for the grant of a Sublicense of the Licensed Patents. For purposes of paragraph 3.4 and this Appendix C, Sublicense Payments include, but are not limited to, [*****]. Notwithstanding the foregoing, Sublicense Payment specifically excludes the following payments received by Licensee from any Sublicensees: [*****].
Sample 1
Sublicense Payment has the meaning set forth in Section 8.10.
Sample 1

Related to Sublicense Payment

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

  • Sublicense Revenue means [***].

  • Sublicense Revenues means [***].

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone Payments has the meaning set forth in Section 4.2.

  • 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.

  • 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 Payment has the meaning set forth in Section 6.1.

  • Sublicense means any agreement to Sublicense.

  • Sales Milestone Payment has the meaning set forth in Section 8.3.1.

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

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Third Party Payment means payment through an instrument issued from a bank account other than that of the beneficiary investor. In case of payments from a joint bank account, the first named investor/holder of the mutual fund folio has to be one of the joint holders of the bank account from which payment is made.

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

  • Milestone Payment Date has the meaning set forth in Section 2.4(a).

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • 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.

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

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