Fees Royalties and Payments. 5.1 As partial consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a license issue fee and maintenance fees as set forth in Exhibit C (FEES AND ROYALTIES). 5.2 As further consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a minimum annual royalty and an earned royalty based on Net Sales as set forth in Exhibit C (FEES AND ROYALTIES). 5.3 LICENSEE will pay royalties to THE REGENTS according to the schedule specified in Article 7 (PROGRESS AND ROYALTY REPORTS). 5.4 LICENSEE will pay all fees and royalties in U.S. dollars collectible at par in San Francisco, California. When Licensed Products are sold for currencies other than U.S. dollars, earned royalties will first be determined in the foreign currency of the country in which the Licensed Products were sold and then converted into equivalent U.S. dollars. The exchange rate is that rate quoted in the Wall Street journal on the last business day of the reporting period and is quoted as local currency per U.S. dollar. LICENSEE will be responsible for all bank transfer charges. 5.5 Notwithstanding the provisions of Article 26 (FORCE MAJEURE), if at any time legal restrictions would prevent LICENSEE from making payment of part or all of any royalties in any country outside the U.S. from LICENSEE'S source of funds outside the U.S., LICENSEE will convert the amount owed to THE REGENTS into U.S. funds and pay THE REGENTS directly from LICENSEE'S U.S. source of funds. 5.6 No royalties are due on Net Sales to the Government. LICENSEE will reduce the amount charged for such sales by an amount equal to the royalty otherwise due THE REGENTS.
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Samples: Limited Exclusive Patent, Copyright and Trademark License Agreement (North American Scientific Inc)
Fees Royalties and Payments. 5.1 As partial consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a license issue fee and maintenance fees as set forth in Exhibit C (FEES AND ROYALTIES).. NOMOS CORPORATION ATTACHMENT 1 Radiation Treatment Planning Amendment One --------------------------------------------------------------------------------
5.2 As further consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a minimum annual royalty and an earned royalty based on Net Sales as set forth in Exhibit C (FEES AND ROYALTIES).
5.3 LICENSEE will pay royalties to THE REGENTS according to the schedule specified in Article 7 (PROGRESS AND ROYALTY REPORTS).
5.4 LICENSEE will pay all fees and royalties in U.S. dollars collectible at par in San Francisco, California. When Licensed Products are sold for currencies other than U.S. dollars, earned royalties will first be determined in the foreign currency of the country in which the Licensed Products were sold and then converted into equivalent U.S. dollars. The exchange rate is that rate quoted in the Wall Street journal on the last business day of the reporting period and is quoted as local currency per U.S. dollar. LICENSEE will be responsible for all bank transfer charges.
5.5 Notwithstanding the provisions of Article 26 (FORCE MAJEURE), if at any time legal restrictions would prevent LICENSEE from making payment of part or all of any royalties in any country outside the U.S. from LICENSEE'S source of funds outside the U.S., LICENSEE will convert the amount owed to THE REGENTS into U.S. funds and pay THE REGENTS directly from LICENSEE'S U.S. source of funds.
5.6 No royalties are due on Net Sales to the Government. LICENSEE will reduce the amount charged for such sales by an amount equal to the royalty otherwise due THE REGENTS.
Appears in 1 contract
Samples: Limited Exclusive Patent, Copyright and Trademark License Agreement (Nomos Corp)
Fees Royalties and Payments. 5.1 As partial consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a license an issue fee and maintenance fees as set forth in Exhibit C (FEES AND ROYALTIES).
5.2 As further consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a minimum annual royalty and an earned royalty based on Net Sales as set forth in Exhibit C (FEES AND ROYALTIES).C.
5.3 LICENSEE will pay royalties to THE REGENTS according to the schedule specified in Article 7 (PROGRESS AND ROYALTY REPORTS).
5.4 LICENSEE will pay all fees and royalties in U.S. dollars collectible at par in San Francisco, California. When Licensed Products are sold for currencies other than U.S. dollars, earned royalties will first be determined in the foreign currency of the country in which the Licensed Products were sold and then converted into equivalent U.S. dollars. The exchange rate is that rate quoted in the Wall Street journal Journal on the last business day of the reporting period and is quoted as local currency per U.S. dollar. LICENSEE will be responsible for all bank transfer charges.
5.5 Notwithstanding the provisions of Article 26 25 (FORCE MAJEURE), if at any time legal restrictions would prevent LICENSEE from making payment of part or all of any royalties in any country outside the U.S. from LICENSEE'S source of funds outside the U.S., LICENSEE will convert the amount owed to THE REGENTS into U.S. funds and pay THE REGENTS directly from LICENSEE'S U.S. source of funds.
5.6 . No royalties are due on Net Sales of Licensed Products to the GovernmentGovernment or for Government purposes. LICENSEE will reduce the amount charged for such sales by an amount equal to the royalty otherwise due THE REGENTS.
Appears in 1 contract
Samples: Limited Exclusive Patent License Agreement (Power Air Corp)
Fees Royalties and Payments. 5.1 5.1. As partial consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a license an issue fee and maintenance fees as set forth in Exhibit C (FEES AND ROYALTIES).
5.2 5.2. As further consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a minimum annual royalty and an earned royalty based on Net Sales as set forth in Exhibit C (FEES AND ROYALTIES).C.
5.3 5.3. LICENSEE will pay royalties to THE REGENTS according to the schedule specified in Article 7 (PROGRESS AND ROYALTY REPORTS).
5.4 5.4. LICENSEE will pay all fees and royalties in U.S. dollars collectible at par in San Francisco, California. When Licensed Products All payments due hereunder shall be deemed received when funds are sold for currencies other than credited to LLNL’s bank account and shall be payable by check or wire transfer in United States dollars. Conversion of foreign currency to U.S. dollars, earned royalties will first dollars shall be determined made at the conversion rate existing in the foreign currency of the country United States (as reported in which the Licensed Products were sold and then converted into equivalent U.S. dollars. The exchange rate is that rate quoted in the New York Times or The Wall Street journal Journal) on the last business working day that falls on or prior to the due date of the reporting period and is quoted as local currency per U.S. dollarRoyalty Report. LICENSEE will No transfer, exchange, collection or other charges shall be responsible for all bank transfer chargesdeducted from such payments.
5.5 5.5. Notwithstanding the provisions of Article 26 25 (FORCE MAJEURE), if at any time legal restrictions would prevent LICENSEE from making payment of part or all of any royalties in any country outside the U.S. from LICENSEE'S ’s source of funds outside the U.S., LICENSEE may delay payment of such funds for six (6) months with the rate of exchange calculated as of the date the funds became due. Simple interest shall be paid on such delayed payments at the rate of U.S. prime plus three percent (3%). If no payments are made within said six (6) month period, LICENSEE will convert the amount owed to THE REGENTS into U.S. funds and pay THE REGENTS directly from LICENSEE'S ’s U.S. source of funds.
5.6 5.6. No royalties are due on Net Sales of Licensed Products to the GovernmentGovernment or for Government purposes. LICENSEE will reduce the amount charged for such sales by an amount equal to the royalty otherwise due THE REGENTS.
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Fees Royalties and Payments. 5.1 As partial consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a license issue fee and maintenance fees as set forth in Exhibit C (FEES AND ROYALTIES).
5.2 As further consideration for rights granted to LICENSEE, LICENSEE will pay to THE REGENTS a minimum annual royalty and an earned royalty based on Net Sales as set forth in Exhibit C (FEES AND ROYALTIES).
5.3 LICENSEE will pay royalties to THE REGENTS according to the schedule specified in Article 7 (PROGRESS AND ROYALTY REPORTS).
5.4 LICENSEE will pay all fees and royalties in U.S. dollars collectible at par in San Francisco, California. When Licensed Products are sold for currencies other than U.S. dollars, earned royalties will first be determined in the foreign currency of the country in which the Licensed Products were sold and then converted into equivalent U.S. dollars. The exchange rate is that rate quoted in the Wall Street journal Journal on the last business day of the reporting period and is quoted as local currency per U.S. dollar. LICENSEE will be responsible for all bank transfer charges.
5.5 Notwithstanding the provisions of Article 26 (FORCE MAJEURE), if at any time legal restrictions would prevent LICENSEE from making payment of part or all of any royalties in any country outside the U.S. from LICENSEE'S source of funds outside the U.S., LICENSEE will convert the amount owed to THE REGENTS into U.S. funds and pay THE REGENTS directly from LICENSEE'S U.S. source of funds.
5.6 No royalties are due on Net Sales to the Government. LICENSEE will reduce the amount charged for such sales by an amount equal to the royalty otherwise due THE REGENTS.
Appears in 1 contract
Samples: Patent and Copyright License Agreement (North American Scientific Inc)