Licensing Royalties definition
Examples of Licensing Royalties in a sentence
Within 60 days after termination or expiration of the Agreement, Atossa will pay to Licensor all Licensing Royalties that it owes for sale of Licensed Products prior to the date of termination or expiration.
The Minimum Royalty for any given fiscal quarter is creditable against any Licensing Royalties due in that fiscal quarter.
If Splicos grants a third party the right to exploit solely the Collaborative Patents, with or without Collaborative Know-how, a Licence Agreement must be signed with the said third party and Splicos will have the option to pay the CNRS: 1/ Either: • [***] of the Licensing Royalties for revenue generated under a Licence Agreement signed before the first Collaborative Product is used in the context of a phase I clinical trial.
Such quarterly report shall include at least (1) for each Covered Product sold or licensed, the product name and number of units sold or licensed; (2) for Licensing Royalties, the nature of the license and the compensation to be received by Seller; and (3) the royalties payable thereon calculated in the manner required in this Section 5.2.