Common use of USE OF PROGRAM INCOME Clause in Contracts

USE OF PROGRAM INCOME. a. Program income earned during the project period may be retained by the Consortium and added to the funds committed to the award and used to further eligible project objectives. b. The Consortium members may retain program income earned: From license fees and royalties for copyrighted material, patents, patent applications, trademarks, and inventions produced under the Agreement. After the end of the project period.

USE OF PROGRAM INCOME. a. Program income earned during the project period may be retained by the Consortium and added to the funds committed to the award and used to further eligible project objectives. b. The Consortium members may retain program income earned: : (i) From license fees and royalties for copyrighted material, patents, patent applications, trademarks, and inventions produced under the Agreement. . (ii) After the end of the project period.