SVOD License Fee Definition | Law Insider
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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.
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Sublicense Fees means all upfront fees, milestone payments and similar license fees received by LICENSEE from its Sublicensees in consideration for the grant of a Sublicense, but excluding:
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License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.
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CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.
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CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.
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Sublicense Revenues means all consideration, in whatever form, due from a Sublicensee to Licensee or to another Sublicensee in return for the grant of a sublicense of Licensee’s rights under Section 3.1 and Section 3.2 of this Agreement, excluding consideration in the form of: (i) royalties received by Licensee and calculated wholly as a function of sales of Licensed Products or Licensed Services, (ii) payments or reimbursement for documented sponsored research and/or development activities, valued at the actual direct cost of such activities on a fully burdened basis (including reasonable margin for overhead), (iii) payment or reimbursement of reasonable patent expenses actually incurred or paid by Licensee and not otherwise reimbursed, or payment of patent expenses required to by paid by Licensee hereunder, (iv) payments for the purchase of equity in Licensee at the fair market value of such equity on the date that the obligation to make such payment arises, (v) payments recognized as Net Sales or Sublicensee Net Sales under this Agreement for which a royalty is payable to COH (vi) capital investments (debt and/or equity) at fair market value, and (vii) amounts paid for supplies of materials or other tangible materials which are not Licensed Products or performance of services which are not Licensed Services. By way of clarification, the principal amount of any bona fide loan or other extension of credit provided to Licensee or an Affiliate of Licensee shall not be deemed to constitute “Sublicense Revenues.”
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Sublicense Revenue means any payments that (1) with respect to Alnylam, Alnylam receives from a sublicensee in consideration of a Naked Sublicense or a sublicense granted by Alnylam as permitted by Section 5.2(b), or (2) with respect to Isis, Isis receives from a sublicensee in consideration of a sublicense to further the research, development or commercialization of an Isis Single Stranded RNAi Product, in each case including, but not limited to, license fees, royalties, milestone payments, and license maintenance fees, but excluding: (i) payments made in consideration of equity or debt securities of the applicable Party at fair market value and (ii) payments specifically committed to reimburse the applicable Party for the fully-burdened cost of research and development. If a Party receives any non-cash Sublicense Revenue, such Party will pay the other Party, at the election of the Party who is entitled to receive Sublicense Revenue payment, either (x) a cash payment equal to the fair market value of the appropriate percentage of the Sublicense Revenue or (y) the in-kind portion, if practicable, of the Sublicense Revenue.
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Licence Fees means the fees payable by you under this Agreement to us excluding VAT and all other relevant taxes, where applicable, as detailed by us from time to time including through our website, as part of a written quotation or renewal;
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Licence Fee : means the fee prescribed by the JCRA under Article 17 of the Telecommunications (Jersey) Law and payable by the Licensee;
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Royalty Fee “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.
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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.
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Third Party Royalties means up-front, milestone, royalty and any other similar payments paid by Gilead to any Third Party for Offsetting Patents for the Development, manufacture, use sale, offer for sale, or importation of Compound or Product.
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License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.
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Software License means any agreement (including any agreement constituting a Copyright License, Patent License and/or Trademark License) now or hereafter in existence granting to any Credit Party any right, whether exclusive or non-exclusive, to use another Person’s Software, or pursuant to which any Credit Party has granted to any other Person, any right, whether exclusive or non-exclusive, to use any Software, whether or not subject to any registration.
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Software License Agreement means the Motorola Software License Agreement (Exhibit A).
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License Type means the type of license granted be it a perpetual license or subscription license for a specified duration, such information being as specified in the Notification Form.
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Sublicensing Revenue means any cash consideration (including upfront payments, milestone payments, and royalties), and the cash equivalent of all other consideration, actually received by ZIOPHARM or its Affiliate from a Third Party in consideration for a grant of a sublicense under the Intrexon IP or any rights to develop or commercialize ZIOPHARM Products, but excluding: (a) any amounts paid as bona fide reimbursement for research and development costs to the extent incurred following such grant; (b) bona fide loans or any payments in consideration for a grant of equity of ZIOPHARM to the extent that such consideration is equal to or less than fair market value (i.e. any amounts in excess of fair market value shall be Sublicensing Revenue); or (c) amounts received from sublicensees in respect of any ZIOPHARM Product sales that are included in Net Sales.
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End User License Agreement or “XXXX” means the software license agreement terms and conditions for the Apple Software.
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Milestone Payments has the meaning set forth in Section 4.2.
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Sublicense Agreement means any agreement or arrangement pursuant to which Licensee (or an Affiliate or Sublicensee) grants to any third party any of the license rights granted to the Licensee under the Agreement.
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Lapsed license “permit,” or “registration” means a license, permit, or registration that a person has failed to renew as required or the license, permit, or registration of a person who failed to meet stated obligations for renewal within a stated time. A person whose license, permit, or registration has lapsed continues to hold the privilege of licensure or registration in Iowa, but may not practice dentistry, dental hygiene, or dental assisting until the license, permit, or registration is reinstated.
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Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;
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Third Party License means licenses from third parties governing third party software embedded or used in the Trading Platform.
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Royalty Rate means the percentage defined in Exhibit B.
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End User License means any license terms imposed by any Third Party Vendor on Customers and End Users. “Force Majeure Event” means an event or occurrence:
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Royalty Product means, either (a) an Alnylam Royalty Product, or (b) an Inex Royalty Product.
Any Share of Net Advertising Revenue or SVOD License Fee accrued up to the date of termination (“ Final Payment”) shall be payable in accordance with the provisions of paragraph 2 above, which paragraph shall survive termination.
On receipt of the Licensed Program Report (if applicable), Licensor shall deliver to iflix an invoice for the SVOD License Fee payable to Licensor pursuant to the Licensed Program Report (“ License Fee Invoice”).
In partial consideration of the rights granted hereunder, Licensee shall pay to Licensor the SVOD License Fee and the FVOD License Fee (collectively, “License Fee”) determined in accordance with this Article 4..
By way of example, if the first Licensed Program Report delivered hereunder to Licensor reflects a SVOD License Fee payable of US$95, and the second Licensed Program Report reflects a SVOD License Fee payable of US$10, no sum shall be payable pursuant to the first Licensed Program Report, but US$105 shall be payable pursuant to the second Licensed Program Report.
In partial consideration of the rights granted hereunder, Licensee shall pay to Licensor the SVOD License Fee and the FVOD License Fee (collectively, “License Fee”) determined in accordance with this Article 4.
Each payment of the SVOD License Fee made pursuant to this Agreement shall be accompanied by an accounting statement including the following information: (i) appropriate calculations of the SVOD License Fee , including the actual subscription fee charged each month by Licensee to SVOD Subscribers and the number of Actual SVOD Subscribers for such month, and (ii) such other information that Licensor may reasonably request and in any event no less than provided to any other supplier of content.
Further, each Additional SVOD Program licensed as SVOD Included Programs pursuant to this Section 4.1.3 are excluded from the SVOD Annual Minimum Fees set forth in Section 6.2.1 below and thus the SVOD License Fee for each such Additional SVOD Program shall be equal to the amount set forth in the applicable Rate Card (subject to any Incremental Rate Card Increases, if applicable).
Licensee shall pay to Licensor the VOD License Fee and the SVOD License Fee (collectively, “VOD/ SVOD License Fee ”) determined in accordance with this Article 6.