License Payment. A. For the Initial Term of the Agreement, Licensee shall pay Department a minimum License Payment of Three Hundred ($300.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted. Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the Agreement shall be considered null and void. For the Renewal Term, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.
License Payment a) Rates are subject to change without notice as required by fluctuating labor and material costs and as approved by the State Board of Higher Education. The University will give a 30 day notice for a change in the license fee.
License Payment. Within three (3) business days after Tenant or its --------------- Affiliate is awarded a License by the Commission, Tenant shall make a nonrefundable payment in the amount of Fifty Thousand Dollars ($50,000.00) to Landlord. Twenty-Five Thousand Dollars ($25,000.00) of such payment shall be credited against the Base Rent in accordance with the terms of the Lease.
License Payment. In consideration for the License, Licensee shall make a payment to the Analog Parties equal to fifteen million US dollars ($US 15,000,000) (the “Licensee Fee”). The parties hereto acknowledge and agree that the License Back is being granted in connection with the transactions contemplated by the Purchase and Sale Agreement and that no additional value is attributable thereto.
License Payment. BioNanomatrix agrees to pay to Princeton a license fee of […***…] (the “License Fee”). The License Fee shall be payable by BioNanomatrix in […***…]. In the event this Agreement is terminated by BioNanomatrix for any reason before […***…], then BioNanomatrix shall not be obligated to […***…]. The License Fee is […***…]. After payment of these amounts, there shall be no further payment obligations of BioNanomatrix except as set for the Sections 6.2 through 6.8.
License Payment. Upon execution of this Agreement, Company will invoice Afritex for the upfront license fee of $225,000 as defined in 1(f)(i) herein, as well as any OxySure Products ordered by Afritex pursuant to the Exclusive Distribution Agreement. Payment of the upfront license fee and all purchase orders for OxySure Products shall be in advance. Payments of ongoing royalties on Afritex Derivative Products, if any, shall be within forty-five (45) days of the date of invoice. Afritex agrees to pay all invoices in full per the terms of the invoice.
License Payment. As partial consideration for the rights granted under this Agreement with respect to the [***] Licensed IP and the Technologies Option Technology, within [***] after the receipt of an invoice issued by Autolus on or after the Effective Date BioNTech shall pay to Autolus the non-refundable, non-creditable sum of Ten Million Dollars ($10,000,000).
License Payment. (1) Subject to reduction pursuant to subsection 3.A (2) below, Licensee agrees to make the following payments to ARCH within forty-five (45) days after the occurrence of each of the following events:
License Payment. As full consideration for: ---------------
License Payment. If an Expense Manager Customer does not agree to a license fee [*], then within thirty (30) days after the date that Expense Manager Customer signs and delivers the Volume License Agreement to Portable, [*] a fee equal to the product of (i) [*], and (ii) the number of [*] covered *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.
