Common use of Sublicensing Consideration Clause in Contracts

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.

Appears in 3 contracts

Sources: Exclusive License Agreement (Quadrant Biosciences Inc), Exclusive License Agreement (Quadrant Biosciences Inc), Exclusive License Agreement (Quadrant Biosciences Inc)