License Royalty Sample Clauses

License Royalty. Licensee agrees to pay to Licensor a Royalty for each Product sold. The amount of the royalty is declared in the Royalty schedule in Exhibit D. Licensee agrees to provide Royalty payments to the Licensor under the terms and conditions set forth in this Agreement.
AutoNDA by SimpleDocs
License Royalty. In exchange for the licenses and rights granted by Codexis to Arch under the EPSA, Arch shall pay to Codexis a License Royalty in respect of each Product sold by Arch to an Arch Customer as follows:
License Royalty. (1) As an additional inducement for and in further consideration of the License herein granted, Licensee agrees to pay Southland at Dallas, Texas, in lawful money of the United States on or before the tenth (10th) day of each month during the term of this Agreement, without demand, set off, counterclaim or deduction whatsoever, a sum equal to [***] percent ([***]%) times the prior month's Monthly Gross Sales, as defined herein (the "License Royalty" or "Royalty") from the first 150 of Licensees then operating Convenience Stores in the Licensed Territory operated or sublicensed by or through Licensee or from which Licensee receives any compensation for the first full twelve (12) calendar months after the Effective Date. The initial list of Convenience Stores covered by this Agreement is listed in Exhibit C. Thereafter, as to the first 150 Convenience Stores under this Agreement, the Royalty shall be [***] percent ([***]%) of monthly Gross Sales. In exchange for the initial one-year (12 months) of reduced Royalty and the providing of the "Loaned Employee" as herein set out, Licensee agrees to pay to Southland the sum of $[***] per month for the first full twelve (12) calendar months. ---------- [***]Text omitted pursuant to a request for confidential treatment and filed separately with the Securities and Exchange Commission.
License Royalty. From and after the identification by NantCell of each Discovered Epitope or other sequence and/or the discovery of each Binding Antibody hereunder, each Binding Antibody to such Discovered Epitope or other sequence identified by NantCell shall be deemed a Licensed Product hereunder and shall be subject to the terms and conditions of this Agreement. For the avoidance of doubt, the Licensed Patent Rights, the Sorrento Know-How and the Sorrento Materials shall cover and include such Binding Antibody, subject to the terms herein. In addition, for the avoidance of doubt, the royalty rate shall be * percent (*%) of Net Sales of any Binding Antibody, unless (a) the Binding Antibody is discovered based on Discovered Epitopes and other sequences identified solely by NantCell or its Affiliates, in which case the royalty rate shall be * percent (*%) of Net Sales or (b) the Binding Antibody is discovered based on Discovered Epitopes and other sequences identified solely by Sorrento, in which case the royalty rate shall be * percent (*%) of Net Sales.
License Royalty. In full consideration for the Non-Exclusive License granted pursuant to Section 2.1 hereof, Licensee shall pay to Licensor a royalty of manufactured, sold, transferred, distributed or otherwise disposed of 5% of the selling price for each and every Licensed product. (This percentage can be further negotiable based on quantity of Licensed product.)
License Royalty. ProUroCare shall pay Artann a royalty equal to the Licensed Product Royalty plus the Licensed Technology Royalty. Such royalty payments are to be made within thirty (30) days following each calendar quarter end.
License Royalty the proceeds that Gamease is entitled to obtain as the developer and technology supporter of TLBB (Traditional Chinese Version) for authorizing Soft-World to utilize and operate TLBB, including the royalty, additional royalty, share of monthly sales and the proceeds from the Game-related Products. The authorized income shall be paid by Soft-World to Gamease in accordance with the relevant provisions of this Agreement.
AutoNDA by SimpleDocs
License Royalty. TPID US shall pay Buyer a royalty in the amount of five percent (5%) of the NOPBT of TPID US generated from business associated with the Subject Technology in the Approved Territory for the first 30 months from the month of first revenue receipts and thereafter five percent (5%) of Gross Receipts of TPID US for the duration of the unexpired term of any and all of the license or joint venture or other agreement or contract entered into with TPID US in the Approved Territory (the “License Royalty”).
License Royalty. In addition to the Initial ORU Payment, Freestone shall earn a license royalty (the “License Royalty”) based on the Gross Receipts derived by Hydrex or the applicable Hydrex Licensee from the use of each ORU in the Licensed Territory, determined as follows:
License Royalty. License Royalty shall be calculated and payable on a monthly basis within ten (10) days of the end of each calendar month.
Time is Money Join Law Insider Premium to draft better contracts faster.