Obligation to Pay Royalty Fees Sample Clauses

Obligation to Pay Royalty Fees. During the [**] Period and ------------------------------ thereafter, Licensee may sublicense the Licensed Software in accordance with the terms of this Agreement and incur [**] payment obligation to Red Brick; provided that Licensee does not sublicense or otherwise provide its customers any Update provided to Licensee by Red Brick after the [**] Period. No later than thirty (30) days prior to the release of the first Update after the [**] Period, Licensee shall notify Red Brick in writing whether it elects to continue to receive Updates. In the event Licensee elects not to receive subsequent Updates, Red Brick shall have no further obligation to provide Licensee with Updates and Licensee shall have no obligation to pay Red Brick Royalty Fees. In the event Licensee elects to continue to receive Updates and provided that Licensee is in good standing under this Agreement: (a) Red Brick shall continue to provide Licensee with Updates at the same time Red Brick makes such Updates available to its customers, provided Licensee is current in the payment of all Royalty Fees and is in good standing under this Agreement; and (b) Licensee shall be obligated to pay Red Brick the Royalty Fees solely with respect to revenue recognized from the Application Suite Components incorporating Updates received after the [**] Period and distributed to its customers in accordance with the fee schedule set forth in Exhibit 3 and the terms of this Agreement. The parties hereto agree that revenue received by Licensee from the entire Application Suite shall be fairly allocated between (i) the Application Suite Components and (ii) those components of the Application Suite which do not incorporate Updates of the Licensed Software received after the [**] Period, such allocation to be based on the relative value of such Application Suite Components and such other components to the End Users.
Sample 1
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Obligation to Pay Royalty Fees. For every sale of Database Technology ------------------------------ which incorporates a version of the Warehouse DSS Server Software Licensed Materials or any DSS Updates and for which the recipient of such Database Technology elects to activate the Warehouse DSS Server Software Licensed Materials and DSS Updates, Red Brick will pay to CMGI, or to any party which CMGI designates in writing to Red Brick, an amount equal to the then current CMGI list price for such Warehouse DSS Server Software Licensed Materials or DSS Updates, less the discount set forth below (the "Royalty Fees"):
Sample 1
Obligation to Pay Royalty Fees. For every sale of Database Technology ------------------------------ which incorporates a version of the Warehouse DSS Server Software Licensed Materials or any DSS Updates and for which the recipient of such Database Technology elects to Confidential Materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote omissions. activate the Warehouse DSS Server Software Licensed Materials and DSS Updates, Red Brick will pay to CMGI, or to any party which CMGI designates in writing to Red Brick, an amount equal to the then current CMGI list price for such Warehouse DSS Server Software Licensed Materials or DSS Updates, less the discount set forth below (the "Royalty Fees"):
Sample 1

Related to Obligation to Pay Royalty Fees

  • Obligation to Pay Royalties A royalty is due Stanford under this Agreement for any activity conducted under the licenses granted. For convenience’s sake, the amount of that royalty is calculated using Net Sales. Nonetheless, if certain Licensed Products are made, used, imported, or offered for sale before the date this Agreement terminates, and those Licensed Products are sold after the termination date, ImmuMetrix will pay Stanford an earned royalty for its exercise of rights based on the Net Sales of those Licensed Products.

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • Fees and Royalties The parties hereto understand that the fees and royalties payable by LICENSEE to UNIVERSITY under this Agreement are partial consideration for the license granted herein to LICENSEE under Patent Rights. LICENSEE shall pay UNIVERSITY:

  • Payment of Royalties To the best of Seller’s knowledge, all royalties and in-lieu royalties with respect to the Assets which accrued or are attributable to the period prior to the Effective Time have been properly and fully paid, or are included within the suspense amounts being conveyed to Buyer pursuant to Section 11.4.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Payments and Royalties 6.1 RIGEL shall upon the Effective Date:

  • Obligation to Pay The originally executed obligation to pay or similar agreement evidencing the obligation of the consumer under a Sharia Mortgage Loan, together with any modification thereto. Officers' Certificate: A certificate signed by the Chairman of the Board, the President or a Vice President or Assistant Vice President, or a Director or Managing Director, and by the Treasurer, the Secretary, or one of the Assistant Treasurers or Assistant Secretaries of the Company or the Master Servicer, as the case may be, and delivered to the Trustee, as required by this Agreement.

  • Royalties 8.1 In consideration of the license herein granted, LICENSEE shall pay royalties to LICENSOR as follows:

  • Royalty Payment In partial consideration of the grant of rights to Schering by ICN under this Agreement, Schering shall pay ICN a royalty in the following amount:

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