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

  • Upon request, Licensee shall execute all such documents as are reasonably necessary to evidence and perfect in any jurisdiction Penn’s interest in and to such Sublicense Royalty Assignment.

  • In the event that no other substantial intellectual property rights are included in a sublicense of the Patent Rights ("a Naked Sublicense"), then the Sublicense Royalty payable by Licensee to Licensor shall be [*** Redacted]% of Sublicense Revenues.

  • 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.

  • The Sublicense Royalty received by Astellas may be [*] that [*] pursuant to Sections [*] above.

  • In the event that an Extension is granted, then the term for which sales are included in the Sublicense Royalty Base will be extended in the applicable country until the Extension expires, but only as to sales of Sublicensed Products that are (i) within the scope of rights derived from such Extension and (ii) sold for uses covered by such Extension.

  • 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.

  • The parties acknowledge that Company is seeking a sublicense under the GSK Licensed Patents directly from GSK and understand that Penn may receive royalties (“Company Sublicense Royalty Revenues”) or other payments (“Company Sublicense Non-Royalty Revenues”) under the GSK License as a result of sublicenses granted to the Company.

  • 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”).

  • 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.

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


More Definitions of Sublicense Royalty

Sublicense Royalty is defined in Section 8.2 (Sublicense Royalties).
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Sublicense Royalty means:
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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 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. 3. Replace the following paragraphs in their entirety, with the provisions set forth below:
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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 amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • 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.

  • Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.

  • Net Sales means [***].

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • 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 all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • 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 “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 has the meaning set forth in Section 4.4(c).

  • 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.