Third Party Rights means the Intellectual Property of any third party;
License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.
Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.
Third Party Agreement has the meaning provided in Section 5(a) hereof.
Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.