Sublicense Royalty definition

Sublicense Royalty shall have the meaning set forth in Section 4.1C. hereof.
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Sublicense Royalty has the meaning ascribed to it in Section 8.2.
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Sublicense Royalty has the meaning given such term in Section 6.5(b).
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Examples of Sublicense Royalty in a sentence

  • Any such Sublicense Royalties due under this Agreement shall be due and payable on a quarterly basis (March 31, June 30, September 30 and December 31) and payments due LICENSOR on such Sublicense Royalty payments shall be due and payable thirty (30) days from receipt by COMPANY.

  • To the extent that the number of securi- ties remaining available for future issuance disclosed in column (c) includes securities available for future issuance under any com- pensation plan or individual compensation arrangement other than upon the exercise of an option, warrant or right, disclose the number of securities and type of plan sepa- rately for each such plan in a footnote to the table.

  • This provision shall not prevent Egalet from assigning or prohibit the transfer of the rights to future Royalties and Sublicense Royalty Fees to a third party, provided however that such third party in no event shall enjoy any better rights vis-à-vis RedHill than Egalet.

  • After years of heavy litigation, the parties entered into a settlement agreement onApril 12, 2019 and stated the terms of the settlement agreement on the record before the Court.

  • In the event that a Running Royalty is payable to UTRF on the same Net Sales revenue or a Sublicense Royalty is payable to UTRF on the same Sublicense Revenue under this Section 5 and under one or more other UTRF/Licensee license agreements, Licensee shall only be required to pay UTRF such royalty under one such license agreement, subject to the provisions of Section 6.2 and provided that if the amount due varies from one such license agreement to another, Licensee shall pay the highest amount.

  • Any expenses or costs incurred by RedHill in connection with such action(s) RedHill shall be entitled to deduct such payments made from Net Sales and/or Sublicensee Sales Royalties, and any costs or amounts awarded to the counterparties in such action(s) shall be fully borne by RedHill and shall be offset from Royalties and Sublicense Royalty Fees or any other amounts of whatsoever nature due to Egalet.

  • TMC shall pay to Biogen [**] of all royalty income ("Sublicense Royalty Income") received by TMC from its Sublicensees with respect to sales of Products.

  • All license fees and royalties payable by a Third Party under a Sublicense agreement with SES or its Affiliate (as applicable) (the “Sublicense Royalties”, which shall be deemed to include any additional license fees as contemplated in Section 2.2(d) (iii) above) shall be shared between SES and GTI in the ratio of *% to SES and *% to GTI (GTI’s share of such Sublicense Royalties being “GTI’s Sublicense Royalty Share”).

  • For any sublicense granted [ *** ], the Sublicense Royalty shall be [ *** ].

  • Copy of Sublicenses and Sublicense Royalty Reports Licensee shall submit to University within 60 days of effective date of Sublicense a copy of each Sublicense, any subsequent amendments and all copies of Sublicensee’s royalty reports.


More Definitions of Sublicense Royalty

Sublicense Royalty means any payments that Licensee or a Corporate Affiliate receives from a Sublicensee in consideration of the sublicense of the Licensed Patent Rights granted Licensee under Section 2.1, including without limitation license fees, milestone payments, license maintenance fees, and other payments, but specifically excluding royalties on Net Proceeds of Sales.
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Sublicense Royalty shall have the meaning set forth in Paragraph 5.2.
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Sublicense Royalty means:
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Sublicense Royalty is defined in Section 8.2 (Sublicense Royalties).
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Sublicense Royalty means for any sublicense executed by FLUOROMETRIX or an AFFILIATED COMPANY on or before January 31, 2006, the running royalty received by FLUOROMETRIX or an AFFILIATED COMPANY for SUBLICENSEE sales of LICENSED PRODUCTS or LICENSED SERVICES and any other fees creditable against running royalties received by FLUOROMETRIX or an AFFILIATED COMPANY.
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Related to Sublicense Royalty

  • Sublicense Revenue means [***].

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

  • Sublicense Revenues 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.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • 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:

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

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

  • Sublicense means any agreement to Sublicense.

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

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

  • Net Sales means [***].

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • Licensee has the meaning set forth in the preamble.

  • 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.

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

  • 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.

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

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • 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.

  • Licensed Services means all functions performed by the Licensed System.

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

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