Initial Licensing Fee Clause Samples
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Initial Licensing Fee. In consideration of the licenses granted by MTPC to LICENSEE, LICENSEE has previously paid MTPC the total amount of Five Hundred Thousand United States Dollars (US$500,000) as the initial license fee.”
Initial Licensing Fee. As partial payment for the --------------------- patent licenses granted by CTI pursuant to Section 6.01 hereof, ORTHO shall pay to CTI a license fee equal to five million dollars ($5,000,000) upon execution of this Agreement. This fee shall be nonrefundable and shall be noncreditable against any future obligations of ORTHO under this Agreement.
Initial Licensing Fee. As consideration for the rights conveyed by INNOVATIVE to THERAPEUTICS under this Agreement, THERAPEUTICS shall pay to INNOVATIVE a licensing fee of TWENTY-FIVE THOUSAND Dollars ($25,000.00) (the "Initial Licensing Fee") on or before October 15, 2003.
Initial Licensing Fee. In addition to all other amounts due from --------------------- Licensee to Licensor under this Agreement and notwithstanding any termination of this Agreement. Licensee shall pay to Licensor the sum of Seventy-Five Thousand Dollars ($75,000.00) payable as follows: Twenty-Five Thousand Dollars ($25,000.00) upon execution and delivery of this Agreement by Licensee, Twenty- Five Thousand Dollars ($25,000.00)on or before December 31, 1995; and the balance on or before December 31, 1996. Any payment due to Licensor under this Section 5 shall be made to Licensor notwithstanding any assignment by Licensor of any or all of its rights under this Agreement, unless Licensor provides explicit written instructions to Licensee directing such payments under this Section 5 to be made to another person or entity.
Initial Licensing Fee. Upon the execution of this Agreement, the Provider will pay an initial fee of $7,500.00 (the “Initial Fee”) plus applicable taxes to BCREA. [The Initial Fee includes the Initial Customization Services specified below.]
Initial Licensing Fee. An initial fee for the license in the amount of ________________ ($_________) dollars shall be payable simultaneously with the execution of this Agreement.
Initial Licensing Fee. In consideration of the licenses granted by MTPC to LICENSEE, LICENSEE has previously paid MTPC the total amount of [*] as the initial license fee.”
Initial Licensing Fee. In consideration for the license granted herein, Licensee shall pay to Licensor, pursuant to the instructions set forth in Section 10.6, the sum of Five Million U.S. Dollars ($5,000,000) (“Initial Licensing Fee”). Payment is due within thirty (30) days of the Effective Date of this Agreement in immediately available funds. Such sum will not be refundable or available for credit against royalties or any other sums payable by Licensee under this Agreement. The Licensor confirms that all obligations of Licensee related to the Initial Licensing Fee are fully satisfied upon the transfer of the Licensed Mark to the Licensor and payment of the Initial Licensing Fee. The Licensee will have immediate and unrestricted use of the Licensed Mark upon payment.