HC: Non-payment of license fee on breach of agreement during lock-in-perod was equivalent to debt

CL : Where leave and license agreement provided that if respondent terminated agreement after lock-in period commenced but before it ended, it incurred an immediate liability on respondent to pay license fee for remainder of lock-in period, same was simply be a component of contractual consideration and, therefore, a debt, properly so called when contingency in contemplation came to pass, for purpose of section 433