Computation of Production Royalty Sample Clauses

Computation of Production Royalty. Grantor shall calculate the Net Returns realized on the sale of all Products mined or produced from the Properties and sold or otherwise disposed of (with or without sale) by or for Grantor by subtracting Allowable Deductions from Gross Sales Revenue. The Production Royalty payable to Grantee shall be the amount of the Net Returns so calculated multiplied by three percent (3%). Grantee shall have no right whatsoever to take Products “in kind.”
Sample 1
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Computation of Production Royalty. When Subject Minerals are mined from the Property and sold by Grantee, Grantee will calculate the Production Royalty due PPR as follows: (i) The Sales Price shall be determined as set forth in Paragraph 3 of this Agreement, (ii) Allowable Deductions will be calculated and subtracted from the Sales Price to determine Net Returns, and (ii) Net Returns will be multiplied by TWO percent to determine the PPR’s Production Royalty.
Sample 1

Related to Computation of Production Royalty

  • Production Royalty The amount of the Royalty shall be determined at the end of each month after the Effective Date. The Royalty shall be determined monthly on the basis such that payments will be determined as of and paid within thirty (30) days after the last day of each month during which Lessee produces any Geothermal Resources. The Royalty rates shall be determined as follows:

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

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

  • 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

  • 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.

  • Single Royalty Notwithstanding anything herein to the contrary, with respect to any Licensed Product only a single royalty payment shall be due and payable, regardless if such Licensed Product is covered by more than one Valid Patent Claim or contains more than one component Covered by a Valid Patent Claim.

  • 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.

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

  • Royalty Payment In partial consideration of the grant of rights to Schering by ICN under this Agreement, Schering shall pay ICN a royalty in the following amount:

  • Net Sales The term “

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