Common use of No Markup Clause in Contracts

No Markup. The Parties agree that in respect of any costs or expenses incurred by WBRDC with respect to any non-Affiliated third party sublicensee, all costs will be charged by WBRDC on a cost recovery basis with no markup.

No Markup. The Parties agree that in respect of any costs or expenses incurred by WBRDC with respect to any non-Affiliated third party sublicensee, all costs will be charged by WBRDC on a cost recovery basis with no markup. 4.