Sublicense Revenue

Sublicense Revenue. Means payments that Tarsus receives in consideration for a sublicense of rights under the Licensed IP.

Sublicense Revenue. (i) any upfront payments and development, regulatory, and sales milestone payments or other payments received by Knight or any of its Affiliates in connection with any sublicense of its rights (or any option thereto) or assignment of its rights (or any option thereto) under this Agreement and (ii) premiums paid by a Third Party in excess of the fair market value for purchase of Knight's securities sold in connection with any sublicense or assignment of rights under this Agreement. For the... avoidance of doubt, Sublicense Revenue shall not include Royalty Revenue, or any amounts included in Net Sales, but in the case of any non-cash consideration, shall include at the election of Knight, such non-cash consideration or the fair market value thereof on the date of payment to Knight View More

Sublicense Revenue. Any payments that AOI receives from a subsublicensee in consideration of the sub-sublicense of the rights granted AOI under Section 2.1 including, without limitation, milestone payments, sublicensing fees or other lump sum payments, but excluding (a) royalties on Net Sales by the sub-sublicensee, (b) payments made in consideration for the issuance of equity or debt securities of AOI at fair market value, and (c) payments specifically committed to the development of Licensed Products or Licensed... Services. View More

Sublicense Revenue. [***] *** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.