Bonus Royalties Sample Clauses

Bonus Royalties. The Existing Plant Base Royalty and New Plant Base Royalty payable by Lessee to Lessor with respect to the Existing Plant and each new Plant pursuant to Subparagraphs 5.1 and 5.2 above, shall be augmented by additional royalties (the "Bonus Royalties") calculated in accordance with the procedure set forth in Appendix "A" attached to this Amendment and incorporated by reference herein. Except as otherwise provided at Subparagraph 5.1(a), (b) and (c) above, the Existing Plant Base Royalty for the Existing Plant and the New Plant Base Royalty for each New Plant (collectively, the "Base Royalties") shall be applied to all Gross Proceeds for each such plant at or below the "Baseline Revenue" in any year. The term "Baseline Revenue" for each such plant shall mean the forecasts of annual revenues *** Confidential material redacted and filed separately with the Commission. determined as set forth in Appendix "A" to this Amendment. For all Gross Proceeds from the Existing Plant and each of the New Plants, respectively in excess of the Baseline Revenue (the "Additional Revenue") for such plants, the Bonus Royalties shall be applied to calculate the total amount of royalty payable to Lessor.
Sample 1
AutoNDA by SimpleDocs
Bonus Royalties. In addition to the Standard Royalties, if CCC brings Synergy a Customer Lead that results in License Fees or Service Fees for any or all of the Components, CCC will receive an additional five percent (5%) of all License Fees and Service Fees actually collected by Synergy from such Customer Lead (the "Bonus Royalties"). For the sake of clarity, the parties agree that if CCC merely assists Synergy in the transaction, but does not provide the Customer Lead, CCC will not be entitled to the Bonus Royalties.
Sample 1

Related to Bonus Royalties

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • Royalties 8.1 In consideration of the license herein granted, LICENSEE shall pay royalties to LICENSOR as follows:

  • Minimum Royalties If royalties paid to Licensor do not reach the minimum royalty amounts stated in Section 3.3 of the Patent & Technology License Agreement for the specified periods, Licensee will pay Licensor on or before the Quarterly Payment Deadline for the last Contract Quarter in the stated period an additional amount equal to the difference between the stated minimum royalty amount and the actual royalties paid to Licensor.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Running Royalties Company shall pay to JHU a running royalty as set forth in Exhibit A, for each LICENSED PRODUCT(S) sold, and for each LICENSED SERVICE(S) provided, by Company or AFFILIATED COMPANIES, based on NET SALES and NET SERVICE REVENUES for the term of this Agreement. Such payments shall be made quarterly. All non-US taxes related to LICENSED PRODUCT(S) or LICENSED SERVICE(S) sold under this Agreement shall be paid by Company and shall not be deducted from royalty or other payments due to JHU. In order to insure JHU the full royalty payments contemplated hereunder, Company agrees that in the event any LICENSED PRODUCT(S) shall be sold to an AFFILIATED COMPANY or SUBLICENSEE(S) or to a corporation, firm or association with which Company shall have any agreement, understanding or arrangement with respect to consideration (such as, among other things, an option to purchase stock or actual stock ownership, or an arrangement involving division of profits or special rebates or allowances) the royalties to be paid hereunder for such LICENSED PRODUCT(S) shall be based upon the greater of: 1) the net selling price (per NET SALES) at which the purchaser of LICENSED PRODUCT(S) resells such product to the end user, 2) the NET SERVICE REVENUES received from using the LICENSED PRODUCT(S) in providing a service, or 3) the net selling price (per NET SALES) of LICENSED PRODUCT(S) paid by the purchaser. No multiple royalties shall be due or payable because any LICENSED PRODUCT(S) or LICENSED SERVICE(S) is covered by more than one claim of the PATENT RIGHTS or by claims of both the PATENT RIGHTS under this Agreement and “PATENT RIGHTS” under any other license agreement between Company and JHU. The royalty shall not be cumulative based on the number of patents or claims covering a product or service, but rather shall be capped at the rate set forth in Exhibit A.

  • One Royalty No more than one royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim.

  • Payment of Royalties To the best of Seller’s knowledge, all royalties and in-lieu royalties with respect to the Assets which accrued or are attributable to the period prior to the Effective Time have been properly and fully paid, or are included within the suspense amounts being conveyed to Buyer pursuant to Section 11.4.

  • Payments and Royalties 6.1 RIGEL shall upon the Effective Date:

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!