Sublicensing Consideration. In consideration of Licensee's right to sublicense under Section 5.1 of this Agreement, Licensee shall pay to Foundation the following nonrefundable, non-recoverable and non-creditable amounts.
Sublicensing Consideration. In addition to the running royalty payments due on Net Sales by any Sublicensee pursuant to Subsection A3.3 of this Exhibit A, Company shall pay to University a percentage of all Sublicensing Consideration received for a Sublicense according to the schedule below. [* * *] For the avoidance of doubt, any failure by Company to pay University an amount under this Section A3.8 which is actively being disputed pursuant to Article 29 shall not be deemed a breach or default by Company of its obligations under this Agreement.
Sublicensing Consideration. In addition to the running royalty payments due pursuant to subsection A3.3 of this Exhibit A on the Net Sales by any Sublicensee, Company will pay to University a percentage of all Sublicensing Consideration, depending upon the milestones achieved in developing Licensed Products at time of execution of Sublicense according to the schedule below. The Sublicensing Consideration fee shall be due [***] days after Sublicensing Consideration is received by Company from Sublicensee. Sublicensing Consideration shall be fully creditable against milestone payments due to University based upon activities of the same Sublicensee from which Sublicensing Consideration was received.
Sublicensing Consideration. In addition to the running royalty payments due on Net Sales by any Sublicensee pursuant to Subsection A3.3 of this Exhibit A, Company shall pay to University a percentage of all Sublicensing Consideration received for a Sublicense according to the schedule below. [* * *] For the avoidance of doubt, any failure by Company THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [* * *] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. to pay University an amount under this Section A3.8 which is actively being disputed pursuant to Article 29 shall not be deemed a breach or default by Company of its obligations under this Agreement. [* * *] THIS EXHIBIT HAS BEEN REDACTED AND IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. REDACTED MATERIAL IS MARKED WITH [* * *] AND HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.
Sublicensing Consideration. Within 30 days of the end of each calendar quarter during the term of this Agreement, Company shall pay to University [**] of any Sublicensing Consideration received by Company during such calendar quarter unless reduced by achievement of milestones by Company or its Sublicensee prior to execution of the particular Sublicense in accordance with the schedule below. A reduction of the percentage of Sublicensing Consideration payable to University under this Agreement wexhbill be negotiated in good faith between the Parties where, in addition to the Sublicense of any rights granted to Company hereunder, Company also grants Sublicensee a license under a Third Party’s intellectual property rights, which license is necessary for Sublicensee to manufacture, have manufactured, use, offer to sell or sell, offer to lease or lease, import, or otherwise offer to dispose or dispose of Licensed Product(s) without infringing such Third Party’s intellectual property rights, and only to the extent that the total aggregate consideration for such combined license is treated as Sublicensing Consideration.
Sublicensing Consideration. The following percentages of Sublicensing Consideration:
Sublicensing Consideration. Licensee shall pay MD Xxxxxxxx the highest applicable percentage of Sublicensing Consideration within thirty (30) calendar days of receipt thereof as set forth in Table 4.1(g): Table 4.1(g) Sublicense Agreement effective date Percentage of Sublicensing Consideration due MD Xxxxxxxx Prior to achievement of Milestone Event 1 for any Licensed Product [*] Percent ([*]%) After achievement of Milestone Event 1 but Prior to achievement of Milestone Event 2 for such Licensed Product [*]) After achievement of Milestone Event 2 for such Licensed Product ([*]%)
Sublicensing Consideration. The Parties hereby acknowledge that Solid has achieved Milestone [**] as set forth in Section A.2. of Exhibit A to the Agreement, which will result in Solid paying to University [**] of the Sublicensing Consideration received by Solid from the Transaction. Notwithstanding the foregoing, and notwithstanding Section 6.1 and Exhibit A of the Agreement, the Parties hereby agree that, solely in the event that Solid and Collaborator consummate the Transaction within [**] after the date of this Amendment, Solid shall pay University $[**] solely in lieu of the [**] of Sublicensing Consideration due to University from the upfront consideration received by Solid from Collaborator at the time the Transaction is executed or substantially contemporaneously therewith, including any premium over Fair Market Value received by Solid from Collaborator on any sale and issuance of Solid’s common stock in connection with the execution of the Transaction. All other payments due to University in respect of Sublicensing Consideration from the Transaction shall be payable as set forth in the Agreement and due according to Section 6.1 of the Agreement and Section A3.7 of Exhibit A of the Agreement.
Sublicensing Consideration. Within *** days of the end of every *** (ie. *** per *** ) during the term of this Agreement, Company shall pay to University a percentage of all Sublicensing Consideration received by Company during such calendar quarter as set out below. A reduction of the percentage of Sublicensing Consideration payable to University under this Agreement will be negotiated in good faith between the Parties where, in addition to the Sublicense of any rights granted to Company hereunder, Company also grants Sublicensee a license under a Third Party’s intellectual property rights, which license is necessary for Sublicensee to manufacture, have manufactured , use, offer to sell or sell, offer to lease or lease, import, or otherwise offer to dispose or *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission. dispose of Licensed Product(s) without infringing such Third Party’s intellectual property rights provided, and only to the extent that the total aggregate consideration for such combined license is treated as Sublicensing Consideration.
Sublicensing Consideration. Within 30 days of the end of each calendar quarter during the term of this Agreement, Company shall pay to University fifty percent (50%) of any Sublicensing Consideration received by Company during such calendar quarter except as reduced by achievement of the following milestones prior to entering into such Sublicense:
