Payment and Royalties. For the rights granted to the PUBLISHER above, the AUTHOR will receive a one-off payment of US$15.00 within two weeks of publication, by PayPal only. In the case of work that is published over more than one edition (i.e. serialized), each appearance will attract a one-off payment of US$15.00 (this will be grouped into a single payment to the AUTHOR). If the WORK appears in the Anthology, the AUTHOR will not receive any further remuneration, with the following exception: if the Anthology makes more than 150 unit sales (excluding author copies), each author will receive royalty payments for all sales following 150 unit sales, on the basis of a percentage of 50% of after-operating cost revenue, where the percentage will be calculated on the basis of word count ratios among contributors, each count being rounded up to the nearest 1000 words. For example, if the story by the AUTHOR was 3565 words, long, it will count as 4000 words. If, after following the same process for each story, the adjusted word count of the Anthology is 105,000 words, then the AUTHOR would receive, in royalty payments, 4/105 of 50% of after-operating cost revenue. Payments would be made by PayPal only, on a quarterly basis. All profits gained by PUBLISHER from the Anthology (which may or may not include the WORK) will be used to pay for running costs of SQ Mag, the production of the Anthology, and contribute to a fund, which is intended to ‘step up’ SQ Mag and its annual Anthology to a semi- pro market in the future. In the case of the WORK being published in the Anthology (if applicable), a print version of the book will be supplied free of charge to the AUTHOR, and a special discounted rate for further print copies will be made available (which will not count toward royalties, but does count to the 150 unit sales for the royalty trigger).
Payment and Royalties. 4.1. Publisher shall pay to Author, upon execution of this Agreement, the amount of $______ as a nonrefundable advance royalty. Such advance royalty shall apply as a credit against 50 percent of the royalties accruing to Author under Section 4.2 hereof until such advance royalty is credited in full.
Payment and Royalties. 3.1 Licensee shall pay a one time payment of seventy thousand euros (70,000 euros) for the setup of SATELINX USA LLC. In the USA and shall finance all operations of SATELINX USA LLC. In the USA for 24 months solely at the expense of the licensee.
Payment and Royalties. 4.1 Publisher shall pay to Author the following royalties:
Payment and Royalties. Section 1. As to each MAGNETIC CARD manufactured by or for LICENSEE and sold ---------- or otherwise disposed of by LICENSEE or manufactured, sold or otherwise disposed of by others under license for LICENSEE throughout the world until expiration of the last to expire of the KEEPERED MEDIA PATENTS, LICENSEE shall pay the following royalties to LICENSOR during each ROYALTY YEAR. $0.05 per MAGNETIC CARD for the first 300 million MAGNETIC CARDS $0.03 per MAGNETIC CARD for the next 300 million MAGNETIC CARDS $0.01 per MAGNETIC CARD for each addition MAGNETIC CARD
Payment and Royalties a. Licensee shall pay the sum of $5,500,000 (five-million, five-hundred thousand dollars, US currency) to Licensor upon execution of this Agreement as per the terms of this agreement.
Payment and Royalties. Section 4.1 Running Royalties payable by the Licensee to SEL under Sections 3.2 and 3.3 shall be paid to SEL within * days after the end of each semi-annual period during the term of this Agreement, and shall cover Running Royalties accrued during such semi-annual period. Running Royalties for the period from September 1, 2003 to December 31, 2003 shall be paid to SEL within * days after December 31, 2003.
Payment and Royalties. The license granted in Article 2.1 shall commence upon receipt by Licensor of US$200,000 (the "Initial Payment"), which Initial Payment shall be made within one (1) business day of the Effective Date. Thereafter, Licensee shall pay on an annual basis to Licensor, starting a year after the Initial Payment, a royalty of 5% of net profits in the Territory made by Licensee pursuant to the License Agreement; provided, however, that such royalty payments shall cease to be paid once Licensee has paid an aggregate ofUS$3,000,000.00 to Licensor, inclusive of the Initial Payment.
Payment and Royalties. 3.1 LICENSEE shall pay to LICENSOR at the address set forth in Section 8 hereof or at such other address as LICENSOR designates pursuant to Section 8 hereof, in accordance with the provisions of this Section 3, an initial licensing fee of $150,000, payable upon consummation of this agreement or in three equal installments with the first payment upon consummation of this agreement and each remaining payment by the thirtieth (30th) day thereafter, or as mutually agreed upon but the full amount is to be paid in full no later than June 30, 2005.
Payment and Royalties. 6.1 Distributor shall pay Owner royalties equal to 75% of Distributor’s Net Revenues (defined below). Distributor shall pay such royalties as set forth herein for each of the Owner’s Works listed in Section 12.
