Ongoing Royalty. Subject to the provisions of this Article III, ARES shall during the Term pay or cause to be paid to SIGNAL royalties on Net Sales of Licensed Products or Combination Products at the following rates:
Ongoing Royalty. 17 3.06 Deduction for ARES Discovery .................................... 18 3.07
Ongoing Royalty. The parties represent and warrant that they will bargain in good faith for a period of at least four months following the effective date of this Agreement regarding an ongoing royalty. The parties further agree that, should they enter into an ongoing royalty agreement, any product or unit subject to such an agreement would not be subject to any additional royalty or penalty pursuant to any provision of this Agreement including, without limitation, section C(5) (Penalty for Unmodified PTUs).
Ongoing Royalty. From and after the date hereof, Licensee shall pay Licensor 25% of all Net Revenue of Licensee (the "Ongoing Royalty Payments"). The Ongoing Royalty Payments shall be made in the form of cash advances on available cash flow of Licensee. As soon as Inkway's cash flow permits it, such cash advances shall be paid monthly in an amount equal to 20% of Adjusted Gross Revenue of Inkway for the prior month.
Ongoing Royalty. Subject to the terms and conditions of this Article 3, LICENSEE shall pay or cause to the paid to LICENSOR during the term of this Agreement royalties equal to: (a) 10% of all royalties and/or milestone payments actually paid to LICENSEE by any unaffiliated sub-licensee of the Licensed Patent Rights; and (b) 2% of all net sales (after all discounts, rebates, chargebacks, returns, credits and allowances) of Licensed products by Licensee and its affiliates.
Ongoing Royalty. Beginning April 1, 2024, the Licensor and Licensee shall calculate a monthly royalty due the Licensor during the remainder of the Term and any Sell-off Period (as determined, the "Ongoing Royalty"). The Ongoing Royalty shall be subject to a minimum of $200,000 per month or 4% of gross sales of the Licensed Products during the immediately preceding month, whichever is greater, and paid on a monthly basis with the first Ongoing Royalty payment due to Licensor April 15, 2024.
Ongoing Royalty. Provider shall pay Engage 11.11% of all revenues --------------- received by Provider from sale of subscriptions to the Data Services, sale of Products and use of the Know How in any manner (the "Royalty").
Ongoing Royalty. Provider shall pay Engage [**] received by Provider --------------- from sale of subscriptions to the Data Services, sale of Products and use of the Know How in any manner (the "Royalty").
Ongoing Royalty. SEDONA shall pay OSURF or cause OSURF to be paid one hundred ten thousand U.S. dollars ($110,000) on July 1, 1997 and one hundred ten thousand U.S. dollars ($110,000) on January 2, 1998 and one hundred ten thousand U.S. dollars ($110,000) bi-annually thereafter through January 2, 2002 for total Ongoing Royalty payments through July 1, 2002 of one million one hundred thousand U.S. dollars ($1,100,000). The total of the Initial Royalty payment plus the Ongoing Royalty payments shall be one million three hundred twenty thousand U.S. dollars ($1,320,000).
Ongoing Royalty. In consideration of the licenses granted hereunder, Licensee shall pay to Licensor during the term of this Agreement (except as hereinafter provided) a royalty on all Licensed Products sold by Licensee at the rate of [ ** ] of Net Sales; PROVIDED; HOWEVER, that to the extent Net Sales exceed in a calendar year the sum of [ ** ], but are less than [ ** ] then Licensee shall pay to Licensor a royalty of [ ** ] on the amount of Net Sales which are above [ ** ] and are less than [ ** ]; PROVIDED FURTHER, that to the extent Net Sales are equal to or greater than [ ** ] in a calendar year, but are less than [ ** ], then Licensee shall pay to Licensor a royalty of [ ** ] on the amount of Net Sales which are above [ ** ] but less than [ ** ]; and PROVIDED FURTHER, that if Net Sales are equal to or greater than [ ** ] in a calendar year, then Licensee shall pay to Licensor a royalty of [ ** ] on the amount of Net Sales which are above [ ** ].
