Sublicensing Fee definition

Sublicensing Fee shall have the meaning provided in Section 4.6.
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Sublicensing Fee means any license fee or non-royalty consideration, including equity, received by Licensee from a Sublicensee for the grant of a license to make, have made, use or distribute Licensed Products or Combination Products and that is not included in Net Sales.
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Sublicensing Fee means all up-front cash payments received by LICENSEE from a SUBLICENSEE for rights to the LICENSED PATENTS, but excluding (i) amounts received in reimbursement for research or development related to the LICENSED PATENTS, (ii) amounts received as payment for marketing services, equity, or goods or products, and (iii) amounts received in consideration for the sale of all or substantially all of the business or assets of LICENSEE relating to this Agreement. [*] Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. 16 PHS and LICENSEE agree to the following modifications to the Articles and Paragraphs of this AGREEMENT:
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Examples of Sublicensing Fee in a sentence

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Down-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of Claymore Securities, Inc., MacroMarkets LLC and MACRO Financial, LLC shall waive their respective fees, ratably based upon the amount of the fees due to each of them (provided, that MacroMarkets LLC shall not waive the Up-MACRO Sublicensing Fee and amounts that Claymore Securities, Inc.

  • The Sublicensing Fee shall be based upon the amount actually paid to LICENSEE by a sublicensee, including fees, royalties and milestone payments, provided that the Sublicensing Fee shall not include research and development support payments, payments in compensation for the grant of rights to any other intellectual property of LICENSEE, or equity or debt financing received by LICENSEE from such sublicensee.

  • After the First Commercial Sale of a Licensed Product, Avro shall prepare a report (the “Royalty Report”) at the end of each Quarterly Period, setting out the Gross Revenue, the Net Revenue (including an itemized statement of any permitted discounts, refunds and taxes deducted), the Sublicensing Revenue, and the number of Licensed Products sold, along with calculations of any Royalties and Sublicensing Fee that are payable to UHN.

  • The Royalties described in Section 4.5 shall accrue as of the date of receipt of Gross Revenue (either by Avro, its Affiliate or Sublicensee, as appropriate) and the Sublicensing Fee described in Section 4.6 shall accrue as of the date of receipt of Sublicensing Revenues by Avro, and all amounts owing pursuant to Sections 4.5 and 4.6 shall be paid by Avro within [***] after the end of each Quarterly Period in which said revenue/fee accrues.

  • Avro shall keep true and accurate records and books of account (in accordance with generally accepted accounting principles) containing all data reasonably required for the computing and verification of Gross Revenues, Net Revenues, Sublicensing Revenues and Royalties and Sublicensing Fee.

  • To the extent that funds on deposit in the Fee Payment Account are insufficient to pay all of the foregoing fees, each of MacroMarkets LLC shall waive the Up-MACRO Administration Fee and the Up-MACRO Structuring Fee (provided, that MacroMarkets LLC shall not waive the Up-MACRO Sublicensing Fee or amounts paid or payable on behalf of the trusts to third-party service providers), and MACRO Financial, LLC shall waive the Up-MACRO Marketing Fee, ratably based upon the amount of the fees due to each of them.

  • The Royalty and Sublicensing Fee described in Sections 3.4 and 3.5 respectively, shall accrue as of the date of Prothena’s receipt of Gross Sales and Sublicensing Revenue, and shall be paid by Prothena within [***] after the end of the relevant reporting period (as determined in accordance with Section 3.12 and concurrently with receipt by UHN of the Royalty Report.

  • A percentage of the remaining balance from any recovery equivalent to the percentage of the Sublicensing Fee under Section 4.6(a) in effect at the time of the recovery shall be paid to the Licensee by UFRF.

  • Notwithstanding the foregoing, this Section 9.5(a) and Sublicensing Fee shall not apply to POINT for sublicenses granted to any POINT Affiliate.

Related to Sublicensing Fee

  • Sublicense Fees shall have the meaning set forth in Section 7.6 below.

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Sublicensing Revenue means the fair market cash value of any and all consideration received by Licensee from Sublicensees under or otherwise in connection with its Sublicenses, including without limitation license issue fees, option fees and other licensing fees, milestone payments, equity or other payments of any kind whatsoever (but excluding running royalties paid for Net Sales of Licensed Products by Sublicensees or minimum annual royalties), or any other consideration, irrespective of the form of payment.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • 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.