Earned Royalty is defined in Article 6.1.
Earned Royalty means a royalty as defined in Paragraph 9.1.
Earned Royalty has the meaning set forth in Section 4.6.
Examples of Earned Royalty in a sentence
The REDUCED EARNED ROYALTY on worldwide cumulative NET SALES of each PRODUCT IN CLASS or LICENSED METHOD developed by LICENSEE or its SUBLICENSEES or AFFILIATES shall be equal to [**] percent ([**]%) of such NET SALES from and after the date there is no such VALID CLAIM.
If for such a PRODUCT IN CLASS or LICENSED METHOD there is not a VALID CLAIM in either a LICENSED PATENT or a KOLLTAN PATENT, in each case claiming such PRODUCT IN CLASS or LICENSED METHOD, then the EARNED ROYALTY on such a PRODUCT IN CLASS or LICENSED METHOD shall be reduced (a “REDUCED EARNED ROYALTY”).
For KNOW-HOW PRODUCTS, the EARNED ROYALTY shall be One Percent (1%).
More Definitions of Earned Royalty
Earned Royalty shall have the meaning specified in paragraph 2 of Exhibit A.
Earned Royalty is defined in Section 5.1.
Earned Royalty means the royalty payable to Licensor on Products.
Earned Royalty and "Earned Royalty Amount" shall have the meanings specified in Paragraph 1 of Exhibit A.
Earned Royalty has the meaning set forth in Section 3.3.
Earned Royalty means royalty based upon use of a licensed invention (usually, a percentage of sales or of units sold). Not a license issue fee or a minimum royalty.
Earned Royalty means the OMP Territory Earned Royalty.