Common use of Monetary Commitment Clause in Contracts

Monetary Commitment. Within thirty (30) days of Licensee’s prepayment of the [*] US dollar (US$[*]) royalty buy-down payment applicable to the Volume Adjustment in Paragraph III.C of the Agreement , Tessera shall pay Licensee[*] Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject to the confidentiality request. Omissions are designated as [*]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. [*] (US$[*]) to be used by Licensee exclusively for the joint marketing of Licensee’s ICs packaged in a royalty bearing TCC package format, as further set forth in this Paragraph IV. Tessera shall also [*] (US$) towards such joint marketing effort.

Appears in 1 contract

Sources: Limited TCC License Agreement (Tessera Technologies Inc)

Monetary Commitment. Within thirty (30) days of Licensee’s 's prepayment of the [*] US dollar DOLLAR (US$[*]) royalty buy-down payment applicable to the Volume Adjustment in Paragraph III.C of the Agreement Agreement, Tessera shall pay LicenseePAY LICENSEE [*] * Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested for portions of this exhibit. The copy filed herewith omits the information subject with respect to the confidentiality requestomitted portions. Omissions are designated as [*]. A complete version of this exhibit has been filed separately with the Securities and Exchange Commission. TESSERA CONFIDENTIAL [*] US DOLLARS (US$US $[*]) to be used by Licensee exclusively for the joint marketing of Licensee’s 's ICs packaged in a royalty bearing TCC package format, as further set forth in this Paragraph IV. Tessera shall also [*] US DOLLARS (US$US $[*]) towards such joint marketing effort.

Appears in 1 contract

Sources: Limited TCC License Agreement (Tessera Inc)