Common use of License Maintenance Fee Clause in Contracts

License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

Appears in 10 contracts

Samples: Exclusive License Agreement (Rxi Pharmaceuticals Corp), License Agreement (Rxi Pharmaceuticals Corp), Exclusive License Agreement (Rxi Pharmaceuticals Corp)

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License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

Appears in 10 contracts

Samples: Exclusive License Agreement (Rxi Pharmaceuticals Corp), Exclusive License Agreement (Cytrx Corp), Exclusive License Agreement (Cytrx Corp)

License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on in each anniversary of the Effective Date thereafter calendar year during the term of the Agreement, Company shall pay to Medical School {***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

Appears in 4 contracts

Samples: Non Exclusive License Agreement (Cytrx Corp), Non Exclusive License Agreement (Rxi Pharmaceuticals Corp), Non Exclusive License Agreement (Cytrx Corp)

License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {(***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

Appears in 2 contracts

Samples: Umass Agreement (Rxi Pharmaceuticals Corp), Umass Agreement (Rxi Pharmaceuticals Corp)

License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {(***}), as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {(***}). This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.”

Appears in 2 contracts

Samples: Exclusive License Agreement (Rxi Pharmaceuticals Corp), Exclusive License Agreement (Rxi Pharmaceuticals Corp)

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License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on in each anniversary of the Effective Date thereafter calendar year during the term of the Agreement, Company shall pay to Medical School {[* * ***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be {***}]. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School under this Agreement.

Appears in 1 contract

Samples: Non Exclusive License Agreement (RXi Pharmaceuticals Corp)

License Maintenance Fee. Beginning on the first anniversary of the Effective Date, and on each anniversary of the Effective Date thereafter during the term of the Agreement, Company shall pay to Medical School {***}, as long as Company has a funding agreement in place with the Medical School at the levels described in Section 3.1(e), after which time the annual maintenance fee shall be } and to ABL {***}. This annual license maintenance fee is nonrefundable and is not creditable against any other payments due to Medical School or ABL under this Agreement.

Appears in 1 contract

Samples: Exclusive License Agreement (Cytrx Corp)

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