Common use of Sublicense Income Clause in Contracts

Sublicense Income. LICENSEE shall pay to LICENSOR a total of Thirty Three percent (33%) of all Sublicense Income. “Sublicense Income” means consideration that LICENSEE receives for the sublicense of rights that are granted LICENSEE under Article 2, including without limitation license fees, milestone payments, equity payments, up front fees, success fees, and license maintenance fees.

Appears in 4 contracts

Samples: Exclusive License Agreement (A.C.T. Holdings, Inc.), Exclusive License Agreement (BTHC Iii Inc.), Exclusive License Agreement (BTHC Iii Inc.)

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Sublicense Income. LICENSEE shall pay to LICENSOR a total of Thirty Three Five percent (335%) of all Sublicense Income. “Sublicense Income” means consideration that LICENSEE receives for the sublicense of rights that are granted LICENSEE under Article 2, including without limitation license fees, milestone payments, equity payments, up front upfront fees, success fees, and license maintenance fees.

Appears in 1 contract

Samples: License Agreement (International Stem Cell CORP)

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