Common use of Amount of Royalty Clause in Contracts

Amount of Royalty. In consideration of the licenses granted hereunder, Licensee shall pay to Licensor a royalty equal to three percent (3%) of Licensee’s Net Sales of Licensed Products. Except where Affiliates of Licensee are end users of products, sales between or among Licensee and its Affiliates shall be excluded from computation of Net Sales, but any subsequent sales to end users by such Affiliates shall be included in the computation of Net Sales.

Appears in 2 contracts

Samples: License Agreement (Constar International Inc), License Agreement (Constar International Inc)

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Amount of Royalty. In consideration of the licenses granted hereunder, Licensee shall pay to Licensor a royalty equal to three percent (3%) [***] of Licensee’s Net Sales of Licensed Products. Except where Affiliates of Licensee are end users of products, sales between or among Licensee and its Affiliates shall be excluded from computation of Net Sales, but any subsequent sales to end users by such Affiliates shall be included in the computation of Net Sales.

Appears in 1 contract

Samples: License Agreement (Constar Inc)

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Amount of Royalty. In consideration of the licenses granted hereunder, Licensee shall pay to Licensor a royalty equal to three percent (3%) of Licensee’s Net Sales of Licensed Products. Except where Affiliates of Licensee are end users of products, sales between or among Licensee and its Affiliates shall be excluded from computation of Net Sales, but any subsequent sales to end users by such Affiliates shall be included in the computation of Net Sales. 9.2.

Appears in 1 contract

Samples: Patent License Agreement

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