Sublicense Rate definition

Sublicense Rate means the percentage selected in Item N.
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Sublicense Rate shall have the meaning set forth in Section 4.9 of the License Agreement.
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Sublicense Rate shall be negotiated in good faith by the Parties upon the request of OPIANT.
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Examples of Sublicense Rate in a sentence

  • With respect to each Sublicense, Company will pay to Cornell a fee equal to the Sublicense Rate multiplied by the Sublicense Income earned in each calendar half year, payable semi-annually in accordance with Section 6.2.


More Definitions of Sublicense Rate

Sublicense Rate means [**] percent ([**]%) until completion of the first human study; [**] percent ([**]%) after the completion of the first human study and prior to the submission of an NDA; and [**] percent ([**]%) after the submission of an NDA.
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Sublicense Rate means twenty percent (20.0%); provided that such rate shall be fifty percent (50.0%) if the Sublicense Fees relate to a sublicense agreement entered into after September 30, 2012 with respect to midazolam (or any isomers, hydrates, anhydrides, solvates, esters, salt forms, free acids or bases, prodrugs, complexes or polymorphs of midazolam).
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Sublicense Rate shall have the meaning set forth in Section 5.7 of the Agreement.
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Related to Sublicense Rate

  • Royalty Rate means the percentage defined in Exhibit B.

  • Net Sales means [***].

  • 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.

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

  • Sublicense means any agreement to Sublicense.

  • Licensed Product means any method, process, composition, product, service, or component part thereof that would, but for the granting of the rights set forth in this Agreement, infringe a Valid Claim contained in the Licensed Patents.