Guaranteed License Fee

Example Definitions of "Guaranteed License Fee"
Guaranteed License Fee. Licensee agrees to pay Licensor an advance and guarantee license fee of (****) payable upon the full execution of this Agreement and the remaining (****) payable within ten (10) business days of the earlier of the first commercial shipment of either Licensed product or December 31, 2002.
Guaranteed License Fee. Licensee agrees to pay Licensor an advance and guarantee license fee of (****) ***** payable upon the full execution of this Agreement and the remaining (****) **** payable within ten (10) business days of the earlier of the first commercial shipment of either Licensed product or December 31, 2002.
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