Examples of License Terms in a sentence
Completion Of Fundraising Due 30 days upon completion of next round fundraising US $625,000 Total Licensing Fee $6,875,000 Royalties 5% of annual Net Sales, accumulated to a total of US$6,250,000 Royalties shall be payable quarterly on annual Net Sales of the Licensed Product from the first commercial sale of a Licensed Product in the Territory to the end of License Terms.
The introduction of Software under Controlled License Terms in the Project requires the prior approval of the Steering Committee to implement such introduction into the Consortium Plan.
With regard to the liability of SOFiSTiK, the terms set forth under section 13 of SOFiSTiK’s License Terms shall apply accordingly.
Equipment Maintenance Intellectual Property (also known as Customer Service Intellectual Property (CSIP) License Terms.
In case of an [approved] introduction of Software under Controlled License Terms’ in the Project, the Controlled License Terms shall prevail over any conflicting provisions of this Consortium Agreement for affected original and derivative Background and Results.