Licensing Income means gross proceeds received by CMCC from licensing or optioning Patent Rights, including but not limited to equity, license issue and maintenance fees, minimum royalties, earned royalties, milestone payments and the like, but shall not include payments received for reimbursement of Patent Prosecution Expenses or funds received for research support.
Licensing Income means all income (including in-kind, barter, or product sale income) actually received by or imputed to a Party in connection with any license or other agreement (including, but not limited to, a covenant not to xxx or release) principally involving one or more eCommerce Patents. Licensing Income, however, shall not include either of the following: 2/12
Licensing Income means [***].
Examples of Licensing Income in a sentence
Planning and Licensing Income Dependent on the economy and the impact of legislative changes which limit the full recovery of the cost of providing these services.
The parent/guardian of the above named child is responsible for meeting all financial obligations for participation in the NHJTW program.
All TAMUS-authors must also complete the “Agreement for Distribution of Licensing Income for Software” form on the following page.
This included ‘unpaid franchise consideration’ under the Franchise Agreement, plus periodical interest, plus amounts paid by BCCI to third parties on DCHL’s behalf, less DCHL’s share of the Central Rights Income and Central Licensing Income.
Percent of Licensing Income to Research Expenditures, as reported by respondents to the AUTM Licensing Survey FY2006 Source: AUTM Licensing Survey FY2006Finding significant trends on this subject is difficult, as AUTM data indicate a continuing growth in the number of invention disclosures submitted by university technology licensing offices, while the USPTO reports a recent decrease in the number of patents granted.
More Definitions of Licensing Income
Licensing Income. (in each case, as defined below). The term "Licensing Income" shall mean (A) amounts received by PSI and/or its Affiliates from unaffiliated third parties in consideration for the grant of an express license to manufacture, use, sell or otherwise exploit a Product for use in the Field, or otherwise to use in the Field the Program Rights, including,
Licensing Income shall have the meaning assigned to such term in Section 4.4(a).
Licensing Income means all amounts paid to Coach and its affiliates by licensees of the Reed Krakoff Brand or Reed Krakoff Name.
Licensing Income means any and all cash (or cash equivalent) payments or in-kind payment, such as equity, received by Compugen or an Affiliate of Compugen as consideration for the grant of a CGP mAb License or a CGP No-Shop, less (i) Third Party Royalties paid in connection with such CGP mAb License or CGP No-Shop and (ii) the amount of any taxes withheld at source for which Compugen cannot receive a tax credit under then prevailing laws. For clarity, License Income will not include (a) the value of any cross-license received by Compugen or its Affiliates, (b) any payments made at fair market value for equity investments in Compugen, (c) research funding paid to Compugen under a written agreement with a research project and a budget intended to further research and development with respect to Target mAbs, (d) the value of any equipment or supplies received for use in the CGP or further development of Successful mAbs, or (e) arm's length loans provided to Compugen from the licensee on good faith commercial basis.
Licensing Income means payments made by CHROMADEX to UNIVERSITY in consideration of the license rights granted by UNIVERSITY to CHROMADEX to make, have made, use and sell Licensed Standards and Technology.
Licensing Income means all amounts (including upfront payments, license fees, and milestone payments) received by a Party or any of its Affiliates from any licensee or sublicensee in consideration for the grant by such Party or any of its Affiliates of a license or sublicense of any of the rights granted under this Agreement with respect to a DT Co-Co Product in the Territory in accordance with Section 5.7.1 (Rights to Grant Licenses and Sublicenses in the Territory). Notwithstanding the foregoing, Licensing Income shall exclude any such payment received by a Party or any of its Affiliates from any such sublicensee in return for, as payment or consideration for, or otherwise in respect of: (a) equity or debt of a Party or its Affiliate purchased by such sublicensee at or below the fair market value of such equity or debt as of the date of the purchase, (b) reimbursement of such Party or its Affiliates’ actual Manufacturing Costs of DT Co-Co Products with no markup, (c) reimbursement with no markup for the performance of services by such Party or its Affiliate under any such sublicense, (d) reimbursement of such Party’s or its Affiliate’s External Costs and other expenses, including patent expenses, (e) the sale of a Party or its Affiliate in whole or in part to a Third Party, or (f) a bona-fide loan, provided that any loan amounts that are forgiven shall be included in Licensing Income to the extent not otherwise captured in the foregoing clauses (a) – (e). Licensing Income in the form of non-cash consideration shall be valued at fair market value at the time of receipt by the relevant Party. In addition, (i) to the extent that a payment not explicitly tied to the DT Co-Co Product is made under a sublicense agreement that grants rights to both the DT Co-Co Product and one or more other products (e.g., an upfront payment), then a pro rata portion of such payment shall be determined by agreement of the Parties reached in good faith based on an equitable method of determining the same that takes into account the relative fair market value of the sublicense, which shall be considered Licensing Income which such pro rata portion shall be calculated based on the number of products with respect to which rights are granted under such a sublicense agreement and (ii) to the extent that a payment is made under a sublicense that grants rights to the DT Co-Co Product in the Territory, then a pro rata portion of such payment shall be considered Licensing Income, which pro rata portion s...
Licensing Income means the fair market cash value of any and all consideration received by Licensee or its Affiliates during the term of this Agreement from any Sub-Licensee and Sub-Sub-Licensee of the Licensed Technology, Patent or the Technical Information pursuant to sub-licensing arrangements including, but not limited to, License issue fees and other licensing fees, option fees, milestone payments, royalties from the sale or use of Products (other than Royalties), equity or other payments of any kind whatsoever irrespective of whether such revenues are received in the form of cash, barter, credit, shares, warrants, release from debt, goods or services, Licenses back, or any other form whatsoever, but excluding any monies received and expended on research or development of the Licensed Technology;