General Payment Obligation. The Company agrees to pay all fees associated with travel booked through AllFly, including but not limited to the AllFly Quest platform, for events, as detailed in Appendix A and in accordance with this Agreement's payment terms.
General Payment Obligation. Commencing with the Calendar Quarter in which the First Commercial Sale of a Licensed Product is made anywhere in the Territory, and continuing until the completion of the Royalty Term, Aevi shall pay to each Investor in accordance with Section 2.2(c), in respect of each Calendar Quarter during the Royalty Term (or portion of a Calendar Quarter, in the case of the first Calendar Quarter and the last Calendar Quarter of the Royalty Term), a royalty amount equal to such Investor’s Pro Rata Percentage of (***) percent (***%***) of the aggregate Net Sales for such Calendar Quarter (or portion of such Calendar Quarter, as the case may be) (each such payment, a “Royalty Payment”).
General Payment Obligation. In full consideration of the performance by Evotec of the Services and its obligations under this Agreement, the Foundation shall make payments to Evotec for the Services performed by Evotec as provided in, and subject to the terms and conditions of, this Agreement. The amount of each payment to be made by the Foundation for the Services provided by Evotec under this Agreement shall be calculated in accordance with the terms of this Section 8. *Portions of this document marked with **** have been omitted pursuant to a request for confidential treatment submitted with the SEC.
General Payment Obligation. In full consideration of Isis’ performance of the Research and its other obligations under this Agreement, the Foundation will, subject to the terms and conditions set forth in this Agreement, make payments to Isis as provided in this Agreement. The calculation of the amount of such payments, the timing of the payment of such payments and conditions precedent for the payment of such payments are set forth in this Section 6.
General Payment Obligation. Customer shall pay Provider for the performance of the Services all the amounts in accordance with the terms specified hereunder and the terms specified in the applicable SOW. The procedures for establishing the level of compensation due to Provider under a particular SOW are set forth in Schedule 4.2, Schedule 15.1 and Schedule 15.4 hereto. All compensation and other charges hereunder shall be invoiced and payable in U.S. Dollars only.
General Payment Obligation. In consideration of: the licenses granted to IPC under this Agreement to AFAM Technology, AFAM Improvements, FSA Product Improvements and Microactuation Technology, the obligation to sell AFAMs to IPC at AKI's cost, and the above-described commitment to provide services, and in addition to the payment obligations of IPC set forth in Section 5.2 hereof, IPC agrees to pay AKI, on a monthly basis as set forth in Section 6.3 hereof, for twelve (12) years from the Effective Date, [* * *] of all FSA Revenue (as hereinafter defined) produced from the operation of each and every AFAM (regardless of whether an AFAM was purchased from AKI or was manufactured by IPC or any other third party). For purposes of this Agreement, "FSA Revenue" shall mean the total number of FSAs sold by IPC added to the total number of FSAs produced by all other parties using one or more AFAMs or AFAM Technology multiplied by the FSA Price; "FSA Price" shall mean the weighted average sale price of FSAs sold by IPC during the preceding one (1) month period; and the "weighted average sale price" shall mean the gross price charged by IPC (without any deductions or offsets and assuming IPC either purchases or manufactures all of the components of an FSA) for all FSAs sold by IPC during the preceding one (1) month period divided by the total number of FSAs sold by IPC during said one (1) month period. In the event that IPC discontinues selling FSAs (as evidenced by IPC's volume of FSAs sold dropping below 5% of the total volume of FSAs produced on all AFAMs), the average of the FSA Price calculated for the most recent three (3) months shall be deemed the FSA Price through the end of the calendar year quarter in which IPC has discontinued or is deemed to have discontinued selling FSAs. Thereafter and through the end of the period during which royalties are due under this Agreement, the FSA Price shall be adjusted, up or down as the case may be, on a quarterly basis, by a percentage equal to the percentage increase or decrease in the weighted average sale price of flexible circuits for FSA product for the calendar year quarter just ended over the weighted average sale price of flexible circuits for the preceding calendar year quarter. For purposes of the preceding sentence, the "weighted average sale price" shall mean the gross price charged by IPC (without any deductions or offsets and assuming that all consideration paid to IPC for flexible circuits for FSA product—whether or not reflected in t...
General Payment Obligation. In consideration of: the licenses granted to IPC under this Agreement to AFAM Technology, AFAM Improvements, FSA Product Improvements and Microactuation Technology, the obligation to sell AFAMs to IPC at AKI's cost, and the above-described commitment to provide services, and in addition to the payment obligations of IPC set forth in Section 5.2 hereof, IPC agrees to pay AKI, on a monthly basis as set forth in Section 6.3 hereof, from July 1, 2001 until January 17, 2012, [* * *] of all FSA and Circuit Revenue (as hereinafter defined). For purposes of this Agreement, "FSA and Circuit Revenue" shall mean the gross revenue received by IPC, and any entities affiliated with IPC (whether such entities now exist or are created or acquired subsequently), appropriately adjusted for rejections and returns of defective product, from the sale, lease, licensing or other disposition of FSAs, flex on suspension circuits ("XXXx"), bridge flex circuits ("BFCs") or any other flex based product that comes in contact with a suspension or the flexure, load beam or baseplate portions of a head gimbal assembly, regardless of whether revenue is received on a per piece basis, as a general payment or prepayment for products in bulk, as a payment for services or intellectual property rights, is incorporated into the price of other products, as a return on investment, or otherwise. The parties acknowledge that the definition of FSA and Circuit Revenue does not include actuator flex circuits which only connect to the termination portion of the circuit component of the suspension or head gimbal assembly and which do not cross over part of the baseplate or spring region. Notwithstanding the preceding sentence, FSA and Circuit Revenue shall not include, from July 1, 2001 until December 31, 2002, XXXx manually assembled by Seagate Technology.
General Payment Obligation. Except as otherwise limited or precluded in this Agreement, and contingent upon satisfactory fulfillment of the Agency’s obligations as set forth in Section 3.01 Project
General Payment Obligation. DOHMH agrees to pay and the Sheriff agrees to accept as full payment for all services rendered under this Cooperative Agreement an annualized amount not to exceed $792,902.82 subject to the availability of funding. A copy of the Sheriff’s budget is annexed hereto and incorporated herein by reference as Xxxxx X. Subject to the approval of the Department, the Sheriff may utilize funds for specific budget items for other personal services and other-than-personal-services expenses incurred by the Sheriff in performance of its duties pursuant to this Cooperative Agreement.
General Payment Obligation. Upon execution of this Agreement by the Khokhas and Old IE, and in accordance with the terms hereinafter set forth, New IE and Celebrity jointly and severally promise and agree to pay to the order of Surexxxx Xxxxxx, xx representative of the Khokhas and Old IE, an aggregate principal amount equal to $1,000,000.00 (the "New Payment Amount") in satisfaction of disputes and payment obligations relating to the Noncompetition Agreement, the Purchase Note, the Consignment Agreement and Employment Agreements to be paid in the manner specified below. Payment shall be as designated by Old IE in the amount of $41,666.67 per month payable on the first day of each of 24 consecutive months commencing April 1, 1998 and no interest shall accrue on outstanding amounts of the New Payment Amount. An "Event of Default" shall occur under this Agreement upon the failure of New IE or Celebrity to make any payment when due of any amount due hereunder after the expiration of 10 days following written notice of default from Old IE and/or the Khokhas to New IE and Celebrity. Upon such Event of Default:
