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Fees Royalties Sample Clauses

Fees Royalties. For the licenses and rights granted under Article 2, Thermal Cycler Supplier shall pay to ABI: (a) [***]; (b) for each Thermal Cycler (including all modules and components) or Temperature Cycling Instrument delivered, invoiced or otherwise transferred by Thermal Cycler Supplier or an Affiliate after the Effective Date, [***]; (c) for each add-on or substitute block delivered, invoiced or otherwise transferred by Thermal Cycler Supplier or an Affiliate after the Effective Date, [***]; (d) [***] for each Pressing Heated Cover delivered, invoiced or otherwise transferred by Thermal Cycler Supplier or an Affiliate after the Effective Date, irrespective of whether said Pressing Heated Cover is transferred separately or included in a larger module or in a Thermal Cycler or Temperature Cycling Instrument. ABI agrees that there shall be only one payment under each of subsections 3.1(b), 3.1(c) and 3.1(d), for each Thermal Cycler or Temperature Cycling Instrument placed as a no-charge “loaner” or demonstration instrument. Thermal Cycler Supplier shall pay for such an instrument based on the Average Net Sales Price when it is first put into use as a loaner or demonstration instrument. However, if any module, or component is subsequently added or substituted, payment under subsections 3.1(c) and 3.1(d) shall be made for such module or component. Payments specified in this Section 3.1(b)-(d) shall be paid as specified in Section 3.4 and 3.5. Each Thermal Cycler and Temperature Cycling Instrument for which those payments are paid shall be an Authorized Thermal Cycler and shall be so designated pursuant to Article 5 hereof.
Fees Royalties. 6.1 As consideration for the grant of rights under this Agreement, a. Licensee agrees to pay to University a nonrefundable and non-creditable license fee as set forth in Exhibit C. b. Licensee agrees to pay to University an annual, nonrefundable minimum royalty as set forth in Exhibit C. The minimum annual royalty is due and payable on first business day of each calendar year and may be credited against any earned royalties due for Net Sales made that year; c. Licensee agrees to pay University royalties as set forth in Exhibit C; 6.2 No multiple royalties shall be payable because any Licensed Products or LicensedProcesses are covered by more than one of the Patent Rights. 6.3 On sales of Licensed Products by Licensee to sublicensees or on sales made in other thanarm's-length transactions, the value of the Net Sales attributed under this Section to such a transaction shall be that which would have been received in an arm's-length transaction, based on a like transaction at that time.
Fees Royalties. 5.1. Reimbursement for Fees The Company shall reimburse AAFC within thirty (30) days of receipt of an invoice for: 5.1.1 all third party and registration fees incurred by AAFC, whether incurred before the Execution Date or during the Term of the License ; and (if applicable) 5.1.2 all costs incurred by AAFC for securing or maintaining PBR, PVP, patent or any other statutory protections for the Variety, whether incurred before the Execution Date or during the Term of the License. AAFC shall notify the Company promptly of communications between AAFC and regulatory authorities about statutory protections relevant to the License.
Fees RoyaltiesLicensee shall not be entitled to a refund of fees (or any portion thereof) upon termination of this Agreement, irrespective of the timing of termination (i.e., whether termination occurs one month or eleven months after the fee has been paid and the associated License issued). Upon termination of this Agreement, notwithstanding anything to the contrary herein, any royalties on sales theretofore made shall become immediately due and payable. In the event Delta authorizes a 60-day post- termination “continuation periodfor Licensee’s sale of remaining inventory, any royalties accruing during such period shall be due and payable in two installments, which shall be at the end of each 30-day interval in which the sale occurred. Delta’s rights hereunder to verify, challenge, and obtain full payment of all royalties will continue in effect, irrespective of termination of this Agreement, until Delta informs Licensee of its satisfaction.
Fees RoyaltiesIn return for the promotion and advertising Licensor will receive through Licensee’s use of the Marks on the Products and Services in compliance with the Standards, and as long as Licensee complies with this Agreement, no additional license fees will be required during the Term.
Fees Royalties. 11.1 In consideration of the rights granted to it under this Agreement, Ardana will pay to Senetek: 11.1.1 the sum of One Hundred and Four Thousand, One Hundred and Sixty Seven Euros (€104,167) upon receipt by Ardana of the marketing authorisations necessary for the commercial sale of both Invicorp 1 and Invicorp 2 in Germany; 11.1.2 the sum of One Hundred and Four Thousand, One Hundred and Sixty Seven Euros (€104,167) upon receipt by Ardana of the marketing authorisations necessary for the commercial sale of both Invicorp 1 and Invicorp 2 in the United Kingdom; 11.1.3 the sum of Three Million US Dollars (US$3,000,000) upon receipt by Ardana of FDA approval to market both Invicorp 1 and Invicorp 2 in the USA; 11.1.4 the sum of Four Million, One Hundred and Sixty Six Thousand, Six Hundred and Sixty Seven Euros (€4,166,667) if and once cumulative Product Revenue in relation to sales of Product in Europe exceeds Eighty Three Million, Three Hundred and Thirty Three Thousand, Three Hundred and Thirty Three Euros (€83,333,333); and 11.1.5 the sum of Five Million US Dollars (US$5,000,000) if and once cumulative Product Revenue in relation to sales of Product in North America exceeds One Hundred Million US Dollars (US$100,000,000), in the manner specified in Clauses 11.3 to 11.9 (inclusive). 11.2 Subject to Clause 11.4, in addition to the sums referred to in Clause 11.1 Ardana will pay Senetek royalties at the rate of: 11.2.1 per cent (***%) of all Product Revenue received by Ardana and its Sub-Licensees in each Quarter, on a country by country basis, in respect of sales of Product in Europe until the cumulative Product Revenue received by Ardana and its Sub-Licensees in relation to sales of Product in Europe reaches Eight Million, Three Hundred and Thirty Three Thousand, Three Hundred and Thirty Three Euros (€8,333,333), and thereafter *** per cent (***%) of all Product Revenue received by Ardana and its Sub-Licensees in each Quarter, on a country by country basis, in relation to sales of Product in Europe; and 11.2.2 per cent (***%) of all Product Revenue received by Ardana and its Licensees in each Quarter, on a country by country basis, in respect of sales of Product in North America, in the manner specified in Clauses 11.5 to 11.9 (inclusive). 11.3 Ardana will inform Senetek within thirty (30) days following the occurrence of an event for which a sum is payable to Senetek pursuant to Clauses 11.1.1 to 11.1.3 (inclusive). Ardana will pay the sums due to Senete...
Fees Royalties. 3.1. In consideration of the license granted in Article 2 of this Agreement, LCE has paid to ROCHE a non-creditable, non-refundable license issuance fee of *** , which fee was paid pursuant to the Prior Agreements, the receipt of which is hereby acknowledged. The payment required above was made to ROCHE pursuant to the Prior Agreements to the following account: 3.2. As additional consideration for the rights and license granted herein, LCE shall pay to ROCHE royalties equal to *** of its Net Sales during the term of this Agreement commencing as of the Effective Date of this Agreement. No royalties shall be paid on sales of Complete Diagnostic Kits between LCE and its Affiliates, when the Affiliate is not the End User of such Complete Diagnostic Kit, but acts as LCE’s distributor. In such event royalties shall be due and payable on the Net Sales of such Complete Diagnostic Kit by such Affiliates to third parties.
Fees Royalties. 9.1 In consideration of the rights granted to it under this Agreement, Plethora will pay to Senetek: 9.1.1 the sum of *** upon receipt by Plethora of the marketing authorisations necessary for the commercial sale of both Invicorp 1 and Invicorp 2 in Canada or the United States of America; 9.1.2 the sum of *** upon receipt by Plethora of the marketing authorisations necessary for the commercial sale of both Invicorp 1 and Invicorp 2 in each other country within the Territories; 9.1.3 the sum of *** upon the first commercial sale pursuant to a marketing authorisation in any country within the Territories; 9.1.4 the sum of *** upon the first anniversary of the first commercial sale referred to in Clause 10.1.3; 9.1.5 the sum of *** if and once cumulative Product Revenue in relation to sales of Product in the Territories exceeds *** ; 9.1.6 the sum of *** following the first Calendar Year in which Product Revenue in relation to sales of Product in the Territories exceeds ***; and 9.1.7 the sum of *** following the first Calendar Year in which Product Revenue in relation to sales of Product in the Territories exceeds ***, in the manner specified in Clauses 9.3 through 9.9. 9.2 In addition to the sums referred to in Clause 9.1 Plethora will pay Senetek royalties at the rate of *** of all Product Revenue received by Plethora and its Sub-Licensees in respect of sales of Product in the Territories with respect to each Calendar Year until the Product Revenue received by Plethora and its Sub-Licensees in relation to sales of Product with respect to such Calendar Year reaches ***, and thereafter *** of all Product Revenue received by Plethora and its Sub-Licensees with respect to such Calendar Year, in the manner specified in Clauses 9.4 through 9.9. 9.3 Plethora will inform Senetek within thirty (30) days following the occurrence of an event for which a sum is payable to Senetek pursuant to Clauses 9.1.1 through 9.1.4. Plethora will pay the sums due to Senetek pursuant to Clauses 9.1.1 to 9.1.4 within thirty (30) days after the occurrence of the event for which such sum is payable. Plethora will pay the sums due to Senetek pursuant to Clauses 9.1.5 through 9.1.7 within sixty (60) days following the end of the Quarter in which the Product Revenue reaches the specified level. 9.4 Plethora will pay all royalties due to Senetek in respect of each Quarter within sixty (60) days following the end of the relevant Quarter. A written statement showing the following will accom...
Fees Royalties. 3.1. In consideration of the license granted in Article 2 of this Agreement, LCE has paid to ROCHE a non-creditable, non-refundable license issuance fee of US dollars *** (USD ***), which fee was paid pursuant to the Prior Agreements, the receipt of which is hereby acknowledged. The payment required above was made to ROCHE pursuant to the Prior Agreements to the following account: UBS AG, Zürich, Switzerland SWIFT Code: *** IBAN No. *** Account No. *** For the account of X. Xxxxxxxx-Xx Xxxxx Ltd. with the reference: Xxxxxxxx Xx. 00000, license issuance fee 3.2. As additional consideration for the rights and license granted herein, LCE shall pay to ROCHE royalties equal to *** percent (***%) of its Net Sales during the term of this Agreement commencing as of the Effective Date of this Agreement. No royalties shall be paid on sales of Complete Diagnostic Kits between LCE and its Affiliates, when the Affiliate is not the End User of such Complete Diagnostic Kit, but acts as LCE’s distributor. In such event royalties shall be due and payable on the Net Sales of such Complete Diagnostic Kit by such Affiliates to third parties.
Fees Royalties. (a) As to domestic (encompassing the United States, its territories and possessions) broadcast distribution rights and pre-approved Internet rights, MW shall pay YK the sum of Five Thousand (U.S.$5,000) United States Dollars per month for each month of original episodes delivered to MW by YK, with MW retaining, as its sole and exclusive property, all revenue derived from such domestic broadcast distribution and pre-approved Internet rights. (b) As to international broadcast distribution rights within the Territory, each of MW and YK shall retain fifty (50%) percent of Net Revenues (as defined below); and (c) As to worldwide videocassette/DVD sales within the Territory, each of MW and YK shall retain fifty (50%) percent of Net Revenues (as defined below).