Sublicense Payments definition

Sublicense Payments shall have the meaning set forth in Section 9.5(a).

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Sublicense Payments means sublicense fees, milestone payments and other cash consideration (excluding royalties) received by Novirio from a Sublicensee, provided that in no event shall Sublicense Payments include any funds provided by a Sublicensee to fund research and development, to reimburse Novirio for research and development expenses or to purchase equity securities of Novirio.

Sublicense Payments means all consideration (other than pass- through royalties on Net Sales of PIONEER Licensed Products by Sublicensees due to MAXYGEN pursuant to (P)4.3A)received by PIONEER or MAXYGEN, as the case may be, and their respective Affiliates and Agents from Sublicensees in respect of any grant of rights to propagate, use or sell or otherwise distribute Licensed Products (including, without limitation, technology access fees, milestone fees, payments for the sale of or right to sell Licensed Products, and license and/or sublicense fees, whether such consideration is in cash, payment in kind, exchange or another form). Notwithstanding the above, Sublicense Payments shall not include any amounts received by MAXYGEN or PIONEER, as the case may be, from a third party for [*******].

Examples of Sublicense Payments in a sentence

Licensee agrees to pay and shall pay to TSRI with each Royalty Report the amount of royalty and/or Sublicense Payments due with respect to such quarter.
Licensee’s reports to TSRI regarding Sublicense Revenues shall contain an explanation and calculation of the amount of Sublicense Payments due to TSRI pursuant to the schedule below.
Licensee shall keep, and shall require its Affiliates and Sublicensees to keep, accurate records (together with supporting documentation) of sales of Licensed Products and Licensed Processes as appropriate to determine the amount of royalties, Sublicense Payments, Product Development Milestone Payments and other monies due to TSRI hereunder, as well as records regarding the calculations of royalty offsets and Combination Products.
Licensee hereby voluntarily and irrevocably waives any right to seek return of such royalties, annual fees, Sublicense Payments, equity issuances, milestone payments, patent costs or other monies in the event Licensee or a Sublicensee directly or indirectly institutes or makes any Challenges.
Licensee shall keep, and shall require its Affiliates and Sublicensees to keep, accurate records (together with reasonable supporting documentation) of sales of Licensed Products as appropriate to determine the amount of royalties, Sublicense Payments, Product Development Milestone Payments and other monies due to TSRI hereunder, as well as records regarding the calculations of royalty offsets and Combination Products.

More Definitions of Sublicense Payments

Sublicense Payments means: (i) any license fees paid by an MBC sublicensee pursuant to Section 5.3 hereof directly to InterTrust and accepted by InterTrust (provided that such license fees shall not include any recurring royalties, such as royalties of the kind specified in Sections 7.1 (a)(v) and 7.1 (a)(vi); and (ii) such amount of money (up to US$1,000,000) paid to InterTrust by Mitsubishi Electric in connection with the purchase of InterTrust securities pursuant to a stock purchase agreement, provided that on or before expiration of the Option Period -------- ---- Mitsubishi Electric becomes an MBC sublicensee or an InterTrust Prime Partner.

Sublicense Payments means any payments received by LICENSEE from sublicenses of rights granted by LICENSORS to LICENSEE under Section 2.1 of this Agreement, as consideration for the grant of such sublicenses, including without limitation, license fees, milestone payments, license maintenance fees, and royalty payments based on sales of Licensed Products or use of Licensed Processes by such sublicense, but excluding amounts received by LICENSEE (i) in connection with or as a result of amounts or payments to fund or reimburse LICENSEE’s research and development in connection with the Technology, (ii) in connection with or as a result of amounts or payments to fund or reimburse LICENSEE’s patent expenses in connection with the Technology, or (iii) ) in connection with or as a result of amounts or payments made as consideration for a sublicensee’s purchase of securities of LICENSEE.

Sublicense Payments means [***].

Sublicense Payments means all payments received by ZAI from its Third Party sublicensee to the extent attributable to the grant to such Third Party of a sublicense under the license granted by UCB to ZAI under this Agreement, but excluding payment for: [*].

Sublicense Payments means payments made pursuant to Section 8.2, as defined therein.

Sublicense Payments means sublicense fees, milestone payments and other cash consideration (excluding royalties) received by Pharmasset from a Sublicensee, provided that in no event shall Sublicense Payments include any funds provided by a Sublicensee to fund research, development, and clinical trials, to reimburse Pharmasset for research, development, and clinical trial expenses or to purchase equity securities of Pharmasset.

Sublicense Payments means all consideration in any form, including upfront, marketing, distribution, franchise, option, license or documentation payments, fees, bonuses or milestone payments, received by Licensee or its Affiliates from any non-Affiliated Sublicensees or other Third Parties (excluding Distributors) in consideration of a grant of Development or Commercialization rights by Licensee to any Licensed Compounds or Licensed Products. The following payments will be excluded from the calculation of Sublicense Payments: [***].