Payments and Royalties Sample Clauses

Payments and Royalties. 6.1 RIGEL shall upon the Effective Date:
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Payments and Royalties. 4.1 For the rights, privileges and license granted hereunder, LICENSEE shall pay to CMCC in the manner hereinafter provided to the end of the term of the Patent Rights or until this Agreement shall be terminated as hereinafter provided, whether the milestones are achieved under the sponsorship of LICENSEE or a sublicensee, the following milestone payments totaling $1,000,000 (one million dollars):
Payments and Royalties. 3.1 As an initial non-refundable payment for the licenses and rights herein granted to SHENZHEN HIGH POWER under this Agreement, SHENZHEN HIGH POWER shall pay to OBC the up-front fees, without subtraction or deduction of Chinese withholding taxes, if any, pursuant to the schedule set forth in Appendix II attached hereto.
Payments and Royalties. 4.1 For the rights, privileges and license granted hereunder, GTx shall pay royalties to UTRC in the manner hereinafter provided until this Agreement shall expire or be terminated. GTx shall pay to UTRC:
Payments and Royalties. In consideration of the license and rights granted in this Agreement, Licensee shall pay to PROVIDER the Royalties as provided in Schedule A.
Payments and Royalties. Payments and royalties payable to VA by LICENSEE shall be fulfilled as further described in Appendix C VA obligations to LICENSEE, if any, are further described in Appendix D A patent or patent application licensed under this Agreement shall cease to fall within the Licensed Patent Rights for the purpose of computing earned royalty payments in any given country on the earliest of the dates that: the application has been abandoned and not continued; the patent expires or irrevocably lapses, or the claim has been held to be invalid or unenforceable by an unappealed or unappealable decision of a court of competent jurisdiction or administrative agency. {If multiple earned (running) royalties are otherwise due under the provisions of this license, LICENSEE shall pay only one, highest royalty.} [OPTIONAL LANGUAGE] On sales of Licensed Products by LICENSEE to SUBLICENSEEs or on sales made in other than an arms‑length transaction, the value of the Net Sales attributed under this Article 6 to this transaction shall be that which would have been received in an arms‑length transaction, based on sales of like quantity and quality products on or about the time of this transaction. PATENT FILING, PROSECUTION, AND MAINTENANCE VA shall own, file, prosecute and maintain all U.S. and foreign patent applications and patents included within the Licensed PATENT RIGHTS. Upon written request, LICENSEE shall be included in all prosecution-related correspondence with outside patent counsel and shall be promptly copied on all documents received from or sent to all patent offices involved in examination, interference proceedings, oppositions and other matters related to the PATENT RIGHTS. VA shall consult LICENSEE on each step of the prosecution process and VA shall incorporate LICENSEE’s comments where reasonably practicable VA and LICENSEE shall cooperate fully in the preparation, filing, prosecution and maintenance of Licensed PATENT RIGHTS and of all patents and patent applications licensed to LICENSEE hereunder, executing all papers and instruments or requiring members of VAto execute such papers and instruments so as to enable VAto apply for, to prosecute and to maintain patent applications and patents in VA's name in any country. Each party shall provide to the other prompt notice as to all matters which come to its attention and which may affect the preparation, filing, prosecution or maintenance of any such patent applications or patents. Upon execution of this Agreement, ...
Payments and Royalties. Payments LICENSEE agrees to pay to VA a noncreditable, nonrefundable license issue fee in the amount of ________ dollars ($X) within thirty (30) days from the effective date of this Agreement. LICENSEE agrees to pay VA Benchmark fees within thirty (30) days of achieving each Benchmark: Royalties: LICENSEE agrees to pay to VA a nonrefundable minimum annual royalty in the amount of ________ dollars ($X) as follows: The first minimum annual royalty is due within thirty (30) days of the October 1st 20XX Subsequent minimum annual royalty payments are due and payable on within thirty (30) days of October 1st of each calendar year and may be credited against any earned royalties due for sales made in that year. LICENSEE agrees to pay VA earned royalties of _____ percent (X%) on Net Sales by or on behalf of LICENSEE and its subLICENSEEs. LICENSEE agrees to pay VA additional sublicensing royalties of fifty percent (50%) of Non-royalty Sublicense Income within sixty (60) days of the receipt of such income.
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Payments and Royalties. 4.01 SB shall make the following non refundable payment to PTL : two million four hundred thousand pounds sterling (L2,400,000) upon the Effective Date as consideration for the license and rights granted hereunder. In addition SB shall grant to PTL an interest free loan of []* for a duration of up to six (6) months. PTL shall at the expiration of this loan sell SB []* unencumbered ordinary shares of PTG at a price of three pounds and sixty xxxxx (L3.60) per share and SB shall purchase these []* unencumbered ordinary shares of PTG at a price of three pounds and sixty xxxxx (L3.60) per share according to the terms of a Subscription Agreement attached hereto as Schedule C. As also provided for in Schedule C, PTL agrees to undertake its best efforts to obtain the necessary approvals of PTG including PTG's shareholder approval to make available these shares. In addition SB shall purchase to a value of []* unencumbered ordinary shares of PTG at a price of three pounds and sixty xxxxx (L3.60) per share, under the Subscription Agreement attached hereto as Schedule C, such shares to be tradeable only according to the provisions of the Subscription Agreement.
Payments and Royalties. 4.1 In consideration for the rights and licenses granted by Zentaris to AOI under this Agreement, AOI shall pay to Zentaris the lump sum amount of [**** ******* ********(1)] US Dollars (US$ [*******]), payable as follows:
Payments and Royalties. 6.1 Company agrees to pay to MSU a non-refundable initial fee of One Thousand United States Dollars ($1,000.00) upon the execution of this License Agreement.
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