Payment of Royalties. Licensee agrees to pay as a royalty for the benefit of ZEROS 15% of the gross income generated by the use of its own ZEROS units during the stated term.
Appears in 3 contracts
Samples: Agreement for Sale of Zeros Indian Approved License (Zeros Usa Inc /Fa/), Agreement for Sale of Zeros Approved License (Zeros Usa Inc /Fa/), Agreement for Sale of Zeros Approved License (Zeros Usa Inc /Fa/)
Payment of Royalties. Licensee agrees to pay as a royalty for the benefit of ZEROS 15% of the gross income generated by the use of its own ZEROS units unit(s) during the stated term.
Appears in 2 contracts
Samples: Agreement for Sale of Zeros Environmental Approved License (Zeros Usa Inc /Fa/), Agreement for Sale of Zeros Environmental Approved License (Zeros Usa Inc /Fa/)