In typical licensing agreements, the licensee compensates the licensor with a down-payment plus ongoing royalties based on sales.

Name: In typical licensing agreements, the licensee compensates the licensor with a down-payment plus ongoing royalties based on sales.
Brand: Quizplus
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Quizplus · Accepted Answer

In typical licensing agreements, the licensee pays the licensor an initial down-payment (advance on royalties) and then ongoing royalties, which are usually a percentage of the sales revenue generated from the licensed product or service.

In Typical Licensing Agreements, the Licensee Compensates the Licensor with a Down-Payment