Additional Royalty Payments Clause Samples
Additional Royalty Payments. The following one-time additional royalty payments will also be paid by Bayer to Nektar within [***] days after the delivery of the report under Section 8.5 demonstrating the first occurrence of each of the following events: First time that Net Sales in the Royalty Territory in a calendar year [***] $ [ ***] First time that Net Sales in the Royalty Territory in a calendar year [***] $ [ ***] First time that Net Sales in the Royalty Territory in a calendar year [***] $ [ ***] First time that Net Sales in the Royalty Territory in a calendar year [***] $ [ ***] First time that Net Sales in the Royalty Territory in a calendar year [***] $ [ ***] All of the additional royalty payments made under this Section 8.4(d) are non-refundable and non-creditable, and each such payment is payable only once.
Additional Royalty Payments. During the Term, the Organization shall earn Royalties for Accounts as set forth in Section 2 below. Once the Organization has earned Royalties in excess of the amount paid to date to the organization as outlined by l .b and l .c (the "Threshold Royalty Amount"), Discover shall pay to the Organization, within 45 days of the end of each calendar quarter, the Royalties earned by the Organization during such calendar quarter; provided, that with respect to the calendar quarter in which the Royalties earned by the Organization first exceed the Threshold Royalty Amount, the Royalties that Discover shall pay to the Organization for such quarterly period shall be the difference between the aggregate amount of Royalties earned by the Organization during the Term and the Threshold Royalty Amount. If at any point during this agreement, the total amount paid to the Organization by either the Initial Advance or Subsequent Advance Payments exceeds the total royalty payments earned, Additional Royalty Payments will cease until the Threshold Royalty Amount is met.
Additional Royalty Payments. During the period of five (5) years from the Effective Date, and for every Licensed Product unit or modification thereof sold by OGP in excess of a quantity of 500, OGP agrees to pay CyberOptics a royalty payment of $500.00 per unit. OGP agrees to pay any such royalties to CyberOptics within sixty (60) days of the end of each calendar quarter following the calendar quarter in which such royalties are actually accrued. Notwithstanding the foregoing, no royalties shall be due or payable by OGP to CyberOptics for any Licensed Product units or modifications thereof sold more than five (5) years after the Effective Date.
Additional Royalty Payments. At TGTX’s discretion, TGTX shall negotiate a license with * to manufacture the Product. It is acknowledged that TGTX may be required to pay * for the use of their 18 cell line, media and feeds and manufacturing process, and also a technology transfer fee (to be directly negotiated with *) if the * cell line and process is transferred to a third party CMO. TGTX shall pay Novimmune for the use of their * cell line, if available, and if required, an additional Royalty payment of * %.
Additional Royalty Payments. During the period October 1, 2000 through September 30, 2003 (the "ROYALTY PERIOD"), royalties of nine and two tenths percent (9.2 %) of the Net Sales Proceeds of the sales of microcavity laser products invoiced by Buyer in a given month shall accrue, PROVIDED, HOWEVER, that the sales price of microcavity laser products invoiced to Affiliates of Buyer during the Royalty Period shall be increased by twelve percent (12%) for purposes of this royalty calculation ("ROYALTY AMOUNTS") and shall be paid to Seller, in arrears, in monthly installments by wire transfer to an account designated by Seller ("MONTHLY ROYALTY AMOUNTS"). Notwithstanding anything contained herein to the contrary, no Monthly Royalty Amounts shall be made until the full amount of the Advanced Royalty Payment has been fully offset by the Royalty Amounts, and PROVIDED FURTHER, that in no event shall the sum of the Advanced Royalty Payment, and the Monthly Royalty Amounts exceed US$2,668,000. For purposes of this Agreement, "Net Sales Proceeds" shall mean, with respect to any microcavity laser products sold by Buyer, the gross amount billed or invoiced by Buyer to a third party for sales of such products, less the following items, as allocable to such sales: (i) trade discounts, credits or allowances, (ii) credits or allowances additionally granted upon returns, rejections or recalls (except where any such recall arises out of Buyer's or its Affiliate's gross negligence, willful misconduct or fraud), (iii) freight, shipping and insurance charges, (iv) taxes, duties or other governmental tariffs (other than income taxes), and (v) government mandated rebates, if any.
Additional Royalty Payments. In addition to the Royalty Payments described in Section 4.3 of the Agreement, Licensee shall pay OHSU an additional royalty of [***] on all Net Sales of any Licensed Products (for the second Technology Addendum for jointly held patents exclusively licensed by OHSU to Licensee and any subsequent such Technology Addendums, the additional royalty amount will be [***] per patent).