License Income. (a) During the Profit Sharing Phase, AVEO shall remit to Biodesix fifty percent (50%) of all License Income accruing to AVEO during such time period (i.e., the ‘Profit Share’ phase).
License Income. XXXXX shall also pay 3M IPC [***] of any non-royalty license income that XXXXX receives during each calendar quarter in connection with the grant of licenses or sublicenses by XXXXX of rights in the Assigned Patent Rights, and Licensed Patent Rights. For these purposes, “non-royalty license income” means and includes upfront payments and milestone payments received in connection with such licenses and sublicenses but does not include royalties (that is, payments made in connection with the sale of products) received from such licensees or sublicensees, amounts paid to reimburse XXXXX for actual development costs, or amounts paid for other assets unrelated to the Purchased Assets or Licensed Patent Rights sold by XXXXX, or reimbursing the cost of services provided by XXXXX, to such licensees or sublicensees in connection with the grant of such licenses or sublicenses. In addition to the foregoing, XXXXX shall pay to 3M IPC twenty percent (20%) of all royalties received by XXXXX during each calendar quarter from such licensees and Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Securities Exchange Act of 1934. sublicensees on account of sales by such licensees and sublicensees of Licensed Products. 3M IPC shall be deemed a third party beneficiary with the right to take direct action against any XXXXX licensees or sublicensees to enforce payment obligations should XXXXX fail to do so after notice from 3M IPC.
License Income. Gelesis, LLC shall pay to One Italy ten percent (10%) of License Income received by Gelesis, LLC and its Affiliates on (i) Food Products and (ii) Covered Products that are not orally administered.
License Income. All amounts due from one Party to the other Party under Article IV shall be due and payable on a Calendar Quarterly Basis, with each payment encompassing amounts due associated with License Income actually received by the paying Party during such Calendar Quarter. Within [***] days of the end of each Calendar Quarter, each Party which received License Income during such Calendar Quarter shall send a written report to the other Party setting forth the amount of License Income received and the corresponding payment amount due to the other Party under Article IV. The Party to receive such payment amount shall invoice the other Party based on such report.
License Income. All amounts received by Ferring and/or its Affiliates from third parties in connection with or related to the licensing to such third parties of marketing or sales rights to the Product, including without limitation (a) all fees, milestone payments and royalties, (b) transfer pricing amounts paid in respect of Products supplied to such third parties, (c) investments in securities and (d) research and development funding, but (notwithstanding the foregoing) excluding:
