License Consideration definition

License Consideration means collectively all money and other items of value (excluding research grants), including up-front license fees (whether cash, equity, or other consideration), annual maintenance fees, patent expense reimbursements, milestone fees, minimum royalties, earned royalties, and other consideration received from a Licensee or its sub­licensees, or otherwise received on account of licensing or optioning the Patent Rights.
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License Consideration means the issuance to ODURF of 1,417,500 shares (par value 0.0001 per share) of common stock in Licensee, which without taking into consideration any shares to be issued to New BEM, Inc. in consideration for the remaining value of the grants held by New BEM, Inc. funded and held by the U.S. National Institute of Health, represents 31.5% of the issued and outstanding shares of common stock immediately after the acquisition of New BEM, Inc. It is further recognized that as between ODURF and EVMS, the License Consideration shall then be further assigned or distributed with ODURF holding 80% of the License Consideration and EVMS holding 20% of the License Consideration.
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License Consideration. As consideration for the issuance of this License, Licensee shall pay to OCWD the sum of $1,148.00 (“License Fee”) within thirty (30) days of the Commencement Date in accordance with Part II (“General Provisions”).
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Examples of License Consideration in a sentence

  • U.S. Licensee shall pay, or cause to be paid, to Licensor, by wire transfer of immediately available funds to the account designated in writing by Licensor, the Exclusive U.S. License Consideration within five (5) Business Days after the Exclusive U.S. License Effective Date.

  • Lead Institution will calculate the allocation of License Consideration in accordance with the terms of this Agreement and furnish to the Other Institution(s) a written report of receipts and calculations and deliver the Net Consideration due to the Other Institution(s), if any, with the report.

  • Lead Institution will keep complete, true and accurate accounts of all Patent Expenses and of all License Consideration received by it from each Licensee of the Patent Rights and will permit Other Institution(s) to examine its books and records in order to verify the payments due or owed under this Agreement.

  • Licensee's liability for the full amount of the Licensee Fee and License Consideration shall resume five (5) days after written notice from Licensor that the Licensed Space is substantially ready for Licensee's occupancy.

  • The Lead Institution will keep the Other Institution(s) informed as to all receipts of the License Consideration in accordance with Section 5.2. The Lead Institution will keep the Other Institution(s) reasonably informed of any material delinquencies, deficiencies or defaults by the Licensee in performing the License Agreement.

  • The Managing Party shall keep and shall be fully informed by Other Parties as to all receipts of the License Consideration in accordance with Section 5.4. The Parties shall keep each other reasonably informed of any material delinquencies, deficiencies or defaults by the Licensee in performing the License Agreement.

  • Notwith­standing the foregoing, Patent Expenses for foreign prosecution are subject to reimbursement under Sections 5.2 and 5.3 out of License Consideration.

  • The Managing Party shall make the calculations as to the allocation of the License Consideration in accordance with the terms of the Agreement and furnish to the Other Parties a written report of such receipts and calculations (including itemized amounts for Licensing Expenses).

  • In the event that this Agreement shall not be so terminated, Licensor shall restore the Licensed Space at Licensor's expense and the Licensee Fee and License Consideration shall be proportionately abated during the period in which Licensor is restoring the Licensed Space if all or any portion of the Licensed Space is unusable by Licensee for the purposes set forth in Paragraph 4 above during such period.

  • Freight elevator service shall be available on business days from 8 a.m. to 4 p.m. If Licensee shall require freight elevator service during any other time, Licensor shall furnish same provided that Licensee gives Licensor advance notice and that Licensee pays, on demand, as License Consideration, Licensor's then established charges therefor.


More Definitions of License Consideration

License Consideration has the meaning set forth in Section 11.3(b)(iii)(2).
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License Consideration means the net monetary and non-monetary consideration actually received by Alexza or any of its Affiliates in connection with any Alexza Product License, after deducting any investment banking, broker, accounting, tax and legal fees paid by Alexza or any of its Affiliates in connection with an Alexza Product License, including net licensing fees, royalties, milestones or similar amounts to the extent actually paid to Alexza or any of its Affiliates. “Sale Consideration” means the net monetary and non-monetary consideration actually received by Alexza or any of its Affiliates in connection with an Alexza Product Sale, after deduction of any investment banking, broker, accounting, tax and legal fees and expenses paid by Alexza or any of its Affiliates in connection with such Alexza Product Sale, including milestone, escrow, holdback and other contingent payments payable in connection with such Alexza Asset Sale to the extent actually paid to Alexza or any of its Affiliates. In each case, non-monetary consideration received by Alexza or any of its Affiliates shall be valued by Alexza in the same manner as non-cash consideration is valued by Cypress pursuant to Section 6.2.
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License Consideration means collectively all money and other items of value (excluding research grants), including up-front license fees (whether cash, equity, or other consideration), annual maintenance fees, patent expense reimbursements, milestone fees, minimum royalties, earned royalties, and other consideration received from a Licensee or its sublicensees, or otherwise received on account of licensing or optioning the Patent Rights.
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License Consideration means an amount equal to $750,000,000.
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Related to License Consideration

  • Base Consideration has the meaning set forth in Section 2.2.

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Share Consideration has the meaning given to it in Section 2.2;

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Merger Consideration has the meaning set forth in Section 3.1(a).

  • Stock Consideration has the meaning set forth in Section 2.01(c).

  • Designated Non-Cash Consideration means the fair market value of non-cash consideration received by the Borrower or any Restricted Subsidiary in connection with an Asset Sale that is designated as Designated Non-Cash Consideration pursuant to a certificate of a Responsible Officer of the Borrower setting forth the basis of such valuation, less the amount of cash or Cash Equivalents received in connection with a subsequent sale of such Designated Non-Cash Consideration.

  • Consideration means, in connection with an Acquisition, the aggregate consideration paid or to be paid, including borrowed funds, cash, deferred payments, the issuance of securities or notes, the assumption or incurring of liabilities (direct or contingent), the payment of consulting fees or fees for a covenant not to compete and any other consideration paid or to be paid for such Acquisition.