Common use of Non - New York State Product Clause in Contracts

Non - New York State Product. Upon a Sale of a Product that does not qualify as a New York State Product, or at such time as Licensing Revenue become due to the Contractor with respect to a Product that does not qualify as a New York State Product, Contractor shall pay to NYSERDA: (i) five percent (5%) of the Sales Revenue, or (ii) thirty percent (30%) of all Licensing Revenues accruing to the Contractor.

Appears in 8 contracts

Samples: Sample Agreement, Sample Agreement, Sample Agreement

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Non - New York State Product. Upon a Sale of a Product that does not qualify as a New York State Product, or at such time as Licensing Revenue become due to the Contractor with respect to a Product that does not qualify as a New York State Product, Contractor shall pay to NYSERDA: (i) five percent (5%) of the Sales Revenue, or (ii) thirty sixty percent (3060%) of all Licensing Revenues accruing to the Contractor.

Appears in 2 contracts

Samples: Attachment F Sample Agreement, Attachment F – Sample Agreement

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