Example ContractsClausesLicense Fee
License Fee
License Fee contract clause examples

License Fee. As partial consideration for the licenses granted hereunder, Licensee agrees to issue to [[Organization A:Organization]] and its designees, within thirty (30) days of the Effective Date, 500,000 shares of Licensee's Common Stock, par value $0.001 per share, pursuant to the terms of a Stock Subscription and Right of First Refusal Agreement.

License Fee. On or before the Effective Date, the Licensee shall pay to UABRF a non­ refundable, non-creditable license fee of TWENTY-FIVE THOUSAND DOLLARS ($25,000.00).

License Fee In partial consideration of # the extension of the Licensee Territory to include the China Territory and # Licensor’s causing CANbridge to enter into the TSA, Licensee will pay Licensor the sum of $50,000,000 within ​ (​) Business Days of the Amendment 3 Effective Date.

License Fee. In consideration for the exclusive rights and licenses granted by Licensor to Licensee hereunder, Licensee shall pay to Licensor a license fee equal to sixty million USD (US $60,000,000) within ​ days following the Effective Date in accordance with the payment provisions of [Article 7]. Payment made in accordance with this Article 6.1 shall be non-refundable, non-creditable and non-cancellable.

License Execution Fee. As partial consideration for the rights conveyed by BCM under this Agreement, LICENSEE shall pay BCM a non-refundable license fee of ​. Such payment shall be due upon the following schedule:

For execution of this AGREEMENT, LICENSEE has paid to HMGU € 10,000.00 in compliance with [Section 4.2] of the ORIGINAL LICENSE AGREEMENT.

License Execution Fee. As partial consideration for the rights conveyed by BCM under this Agreement, LICENSEE shall pay BCM a non-refundable license fee of ​. Such payment shall be due upon the following schedule:

License Execution Fee. As consideration for the rights conveyed by Baylor under this Agreement, Cell Medica has paid Baylor a non-refundable total license fee (the “License Execution Fee”) comprising: # ​ in cash in immediately available funds by wire transfer to Baylor’s Account; and # certain BCM Preference Shares.

License Maintenance Fee. As further consideration for the License, Licensee will pay an annual maintenance fee (“Maintenance Fee”) as set forth on Exhibit C attached hereto beginning on the first anniversary of the Effective Date. The Maintenance Fee will not be due and payable on any anniversary of the Effective Date if on that date Licensee is paying a Royalty or the Minimum Annual Royalty. For clarity, the Maintenance Fee is ​.

License Maintenance Fee. Licensee shall pay [[Northwestern:Organization]] a license maintenance fee (the “Annual License Fee”) of Twenty Thousand ($20,000) U.S. Dollars annually beginning on the first anniversary of the Effective Date, which shall be non-creditable and non-refundable until the First Commercial Sale of the Licensed Product, after which it shall be creditable against royalties payable for sales of Licensed Products pursuant to Section 4 of this Exhibit B.

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