License Payment definition

License Payment means a payment made to Chequered Ink Ltd. by the individual or company engaging in the Agreement with the intention of becoming eligible to use the Product.
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License Payment means any payment made to Acquirer by a Licensee in exchange for a License under a License Agreement, whether structured as an up-front or installment payment or as a per Unit (or per Mobile Unit) royalty.
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License Payment shall have the definition set forth in Section 3.1.
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Examples of License Payment in a sentence

  • For subsequent Renewal Terms, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

  • At such time, based on the reported Total Gross Revenue, performance of the License Operation, and/or Department’s existing rates for similarly-performing operations, Department may choose to increase the License Payment for the following Renewal Term(s), if any.

  • Failure on the part of Licensee to submit the required License Payment upon return of the Licensee-signed Agreement will result in the non-execution of the Agreement and the Agreement shall be considered null and void.

  • For the Renewal Term, if any, Licensee shall pay Department in accordance with the License Payment Schedule set forth in Exhibit B.

  • For the Initial Term of the Agreement, Licensee shall pay Department a minimum License Payment of Three Hundred ($300.00) Dollars upon return of the Licensee-signed Agreement as consideration for the license and privilege granted.


More Definitions of License Payment

License Payment has the meaning set forth in Section 1.1(b).
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License Payment means a down-payment or milestone payment received by Hormos or any of its Affiliates from a third party licensee in consideration of Hormos granting an exclusive license under all the Ospemifene Patents to such third party licensee to develop and commercialize Products.
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License Payment means the annual payment provided by Licensee to Licensor for Licensee’s use of a Licensed Site.
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License Payment means the payment that a licenseholder must make annually as provided in this law in order to maintain the licenseholder's license in effect.
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License Payment is defined in Section 2.3 of this Agreement.
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License Payment means each of the Upfront Payment, milestone payments under Section 7.2 and royalty payments under Section 7.3 (collectively the “License Payments”)
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License Payment means, any income derived from a Loan Party’s license of any of its IP Rights, which for the avoidance of doubt, may be pursuant to a license agreement, a dealer agreement, a franchise agreement, or other similar agreement.
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