Sublicensing Fee definition

Sublicensing Fee shall have the meaning provided in Section 4.6.
Sublicensing Fee means any license fee or non-royalty consideration, including equity, received by Licensee from a Sublicensee for the grant of a license to make, have made, use or distribute Licensed Products or Combination Products and that is not included in Net Sales.
Sublicensing Fee means all up-front cash payments received by LICENSEE from a SUBLICENSEE for rights to the LICENSED PATENTS, but excluding (i) amounts received in reimbursement for research or development related to the LICENSED PATENTS, (ii) amounts received as payment for marketing services, equity, or goods or products, and (iii) amounts received in consideration for the sale of all or substantially all of the business or assets of LICENSEE relating to this Agreement. [*] Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. 16 PHS and LICENSEE agree to the following modifications to the Articles and Paragraphs of this AGREEMENT:

Examples of Sublicensing Fee in a sentence

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Down-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Up-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • The Sublicensing Fee shall be based upon the amount actually paid to LICENSEE by a sublicensee, including fees, royalties and milestone payments, provided that the Sublicensing Fee shall not include research and development support payments, payments in compensation for the grant of rights to any other intellectual property of LICENSEE, or equity or debt financing received by LICENSEE from such sublicensee.

  • After the First Commercial Sale of a Licensed Product, Avro shall prepare a report (the “Royalty Report”) at the end of each Quarterly Period, setting out the Gross Revenue, the Net Revenue (including an itemized statement of any permitted discounts, refunds and taxes deducted), the Sublicensing Revenue, and the number of Licensed Products sold, along with calculations of any Royalties and Sublicensing Fee that are payable to UHN.

  • The Royalties described in Section 4.5 shall accrue as of the date of receipt of Gross Revenue (either by Avro, its Affiliate or Sublicensee, as appropriate) and the Sublicensing Fee described in Section 4.6 shall accrue as of the date of receipt of Sublicensing Revenues by Avro, and all amounts owing pursuant to Sections 4.5 and 4.6 shall be paid by Avro within [***] after the end of each Quarterly Period in which said revenue/fee accrues.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of MacroMarkets LLC shall waive the Up-MACRO Administration Fee and the Up-MACRO Structuring Fee (provided, that MacroMarkets LLC shall not waive the Up-MACRO Sublicensing Fee or amounts paid or payable on behalf of the trusts to third-party service providers), and MACRO Financial, LLC shall waive the Up-MACRO Marketing Fee, ratably based upon the amount of the fees due to each of them.

  • Avro shall keep true and accurate records and books of account (in accordance with generally accepted accounting principles) containing all data reasonably required for the computing and verification of Gross Revenues, Net Revenues, Sublicensing Revenues and Royalties and Sublicensing Fee.

  • A percentage of the remaining balance from any recovery equivalent to the percentage of the Sublicensing Fee under Section 4.6(a) in effect at the time of the recovery shall be paid to the Licensee by UFRF.

  • ESSA requires that the accountability system specifically account for the performance of the following student groups:• Economically disadvantaged students.

  • The Royalty and Sublicensing Fee described in Sections 3.4 and 3.5 respectively, shall accrue as of the date of Prothena’s receipt of Gross Sales and Sublicensing Revenue, and shall be paid by Prothena within [***] after the end of the relevant reporting period (as determined in accordance with Section 3.12 and concurrently with receipt by UHN of the Royalty Report.

Related to Sublicensing Fee

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

  • 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.

  • 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.

  • 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.

  • 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 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;

  • Sublicense Revenue means [***].

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Sublicense Revenues means [***].

  • 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.

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • Licence Fee means the licence fee specified in Item 7 of Schedule 1.

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

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

  • Marketing Fee means the fees paid by Home Credit to Dealer/Provider to support the use of Home Credit’s Product;

  • Royalty Rate means the percentage defined in Exhibit B.

  • Dispensing Fee means the amount paid for the professional services provided by the pharmacist for dispensing a prescription. The Dispensing Fee does not include any payment for the drugs being dispensed.

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

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

  • Sublicense means any agreement to Sublicense.

  • Development Fee means a fee for the packaging of a Property, including negotiating and approving plans, and undertaking to assist in obtaining zoning and necessary variances and necessary financing for the Property, either initially or at a later date.

  • 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.

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

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

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

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