Common use of License Fees and Royalties Clause in Contracts

License Fees and Royalties. In consideration of the license granted under this Agreement, LICENSEE shall pay to LICENSOR, the Initial License Fee in the manner designated below and the Earned Royalties and the Pass Through Royalties until the Agreement shall be terminated, as follows:

Appears in 3 contracts

Samples: Exclusive License Agreement (Watermark Group, Inc.), Exclusive License Agreement (Co-Diagnostics, Inc.), Exclusive License Agreement (Watermark Group, Inc.)

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License Fees and Royalties. In consideration of the license granted under this Agreement, LICENSEE shall pay to LICENSOR, the Initial License Fee in the manner designated below and the Earned Royalties and the Pass Through Royalties until the Agreement shall be terminated, as follows:

Appears in 1 contract

Samples: Exclusive License Agreement (Co-Diagnostics, Inc.)

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