Base Royalty Rate Sample Clauses
Base Royalty Rate. For the term of this License Agreement, HOUGHTEN shall pay to SCRIPPS a royalty of *** percent *** of Net Sales of the Licensed Products, or where any sublicense is granted, *** percent (***) of royalties derived by HOUGHTEN from all such sublicenses under Section 2.4, all on a quarterly calendar basis.
(a) In countries where any patent is issued covering the Licensed Products, the royalty rate for such country shall be as set forth in Section 3.1.
(b) In countries where there is no issued patent covering the Licensed Products, but a patent application is pending and where HOUGHTEN sells the Licensed Products falling within the scope of the claims of said patent application, the royalty rate shall be *** of the rate set forth in Section 3.1 for a period not to exceed *** (***) years from the priority filing date of said patent application. If a patent on the Licensed Products is issued in such country during said *** (***) year period, the royalty rate shall thereafter be as set forth in Section 3.2(a). After said *** (***) year period if any royalties have been paid under this subsection for such country, no further royalty payments shall be made by HOUGHTEN to SCRIPPS for such country unless a patent issues thereafter on said patent application. Upon such issuance, the royalty rate shall be as set forth in Section 3.2(a).
(c) In countries where there is no patent covering the Licensed Products and where there is no pending patent application or where a pending patent application has exceeded a *** (***) year period based on the priority filing date and no royalties have been paid thereon or where a pending patent application is finally rejected and appellate procedures are unsuccessfully exhausted or the time for perfecting any further appeals has expired, the royalty rate when HOUGHTEN sells the Licensed Products thereafter *** Portions of this page have been omitted pursuant to a request for Confidential Treatment and filed separately with the Commission
Base Royalty Rate. TI shall pay Wintegra quarterly royalties based on its sales of TI Devices [†] based on the following formula:
Base Royalty Rate. Licensee shall pay to Licensor as a royalty the amount of [$CMD] per unit for each Licensed Product Sold by Licensee or its Affiliates (other than to Sublicensees, as to which the provisions of Section 6.1.3 shall apply), subject to adjustment as set forth herein. All amounts shall be paid in U.S. Dollars.
Base Royalty Rate. For the term of this License Agreement, HOUGHTEN shall pay to SCRIPPS a royalty of [CONFIDENTIAL TREATMENT REQUESTED] of Net Sales of the Licensed Products, or where any sublicense is granted, [CONFIDENTIAL TREATMENT REQUESTED] of royalties derived by HOUGHTEN from all such sublicenses under Section 2.4, all on a [CONFIDENTIAL TREATMENT REQUESTED]
(a) In countries where any patent is issued covering the Licensed Products, the royalty rate for such country shall be as set forth in Section 3.1.
(b) In countries where there is no issued patent covering the Licensed Products, but a patent application is pending and where HOUGHTEN sells the Licensed Products falling within the scope of the claims of said patent application, the royalty rate shall be [CONFIDENTIAL TREATMENT REQUESTED] for a period not to exceed [CONFIDENTIAL TREATMENT REQUESTED] years from the priority filing date of said patent application. [CONFIDENTIAL TREATMENT REQUESTED] Upon such issuance, the royalty rate shall be as set forth in Section 3.2(a).
(c) In countries where there is no patent covering the Licensed Products and where there is no pending patent application [CONFIDENTIAL TREATMENT REQUESTED]. The payment of royalties under this subsection 3.2(c) shall not exceed a period of [CONFIDENTIAL TREATMENT REQUESTED] years from the date of first sale of the Licensed Products.
Base Royalty Rate. In consideration of licenses granted to Salix ----------------- herein, Salix shall pay to Biorex the following royalties with respect to Net Sales by Salix, its Affiliates and sublicensees of Products in the Territory during the Royalty Term for such Product (except as otherwise set forth in this Section 7); Annual Net Sales For All Products Royalty Rate --------------------------------- ------------ [*] [*] [*] [*] CERTAIN INFORMATION ON THIS PAGE HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS. [*]
Base Royalty Rate. The following table sets out the base royalty rates (“Base Royalty Rates”) applicable to the calculation of the running royalties payable by Astellas on Net Sales by Astellas, its Affiliates and Sublicensees: Portion of Aggregate Annual Net Sales less than [****] Dollars ($[****]) [****] % Portion of Aggregate Annual Net Sales equal to or exceeding [****] Dollars ($[****]) up to and including [****] Dollars ($[****]) [****] % Portion of Aggregate Annual Net Sales in excess of [****] Dollars ($[****]) [****] %
Base Royalty Rate. Subject to Subsection 4.5 (b) below, during the Royalty Term, Isis shall pay to University a royalty of [***] percent ([***]%) of Net Sales of Licensed Products occurring during the Royalty Term.
Base Royalty Rate. Subject to Section 3.3, 3.4 and 3.5 below, the royalty rate for the royalty herein granted shall be two and one-half percent (2.5%) of the Net Returns from Products produced from the Property (“Base Royalty Rate”).
Base Royalty Rate. BeiGene will pay to Ambrx a royalty on Net Sales of Products, on a Product-by-Product and country-by-country basis, by BeiGene, its Affiliates and Sublicensees in the Territory based on the Net Sales tiers and royalty rates as set forth in the table below (the “Base Royalty Rate”) (subject to any offsets or reductions set forth below in this Section 8.5). Portion of worldwide Net Sales for each Product less than or equal to [***] [***] Portion of worldwide Net Sales for each Product greater than [***] and less than or equal to [***] [***] Portion of worldwide Net Sales for each Product greater than $2 billion [***] For clarity, the Net Sales thresholds in the table above shall be determined on a Product-by-Product basis. By way of example, if the worldwide Net Sales of a Product in the Territory in a particular Calendar Year are [***], the amount of royalties payable hereunder shall be calculated as follows (subject to any applicable reductions under this Section 8.5): ([***].