PAYMENTS/ROYALTIES Clause Samples
PAYMENTS/ROYALTIES. 7.1 This paragraph is intentionally left blank.
(a) If TALENT appears and performs in any Event in an arena before a live audience at which admission is charged other than those arena events which are taped or broadcast for purposes pursuant to paragraph 7.2 (b) and paragraph 7.2 (c) hereof (hereinafter “House Shows”), TALENT shall be paid by COMPANY an amount equal to such percentage of the paid receipts for such House Show from the live House Show gate receipts only as is consistent with the nature of the match in which TALENT appears, i.e., preliminary, mid-card, main event, etc. and any standards COMPANY establishes specifically for such House Show. However, such amount shall not be less than One Hundred Fifty Dollars ($150.00) per House Show.
(b) If TALENT appears and performs in connection with an arena or studio Event which is taped or broadcast for use on COMPANY's television network or on a pay-per-view basis (“TV Taping”), TALENT shall be paid by COMPANY an amount not less than Fifty Dollars ($50.00) for each day of TV Taping, if any, on which TALENT renders services hereunder in connection with the production of the TV Taping.
7.3 PROMOTER shall not be liable in any way to pay royalties, residuals, fees, or any other compensation whatsoever to WRESTLER in connection with the performance of WRESTLER’s Services hereunder other than as set forth in Paragraph 7.2 above.
7.4 This paragraph is intentionally left blank.
7.5 This paragraph is intentionally left blank.
7.6 In the event the Original and/or New Intellectual Property are used by COMPANY or licensed, sublicensed or assigned for non-wrestling personal appearances and performances such as personal appearances for advertising or non-wrestling promotional purposes, radio and television commercials, movies, etc., TALENT shall earn an amount to be mutually agreed to by TALENT and by COMPANY.
7.7 If COMPANY instructs TALENT to appear and perform in any Events or Programs as a commentator and/or to participate in post-Event production and/or voice-over activities as a commentator, TALENT's commentating shall be deemed work-for-hire and TALENT hereby assigns to COMPANY and COMPANY shall own all rights, in perpetuity, to all of TALENT's commentary and TALENT shall not be entitled to receive any royalty payments, or any additional compensation or residual payments whatsoever, as a result of COMPANY's commercial exploitation of such commentary in any form, whether broadcast programming, cable programmin...
PAYMENTS/ROYALTIES. (a) Unless terminated pursuant to the terms herein, PROMOTER shall pay WRESTLER each Contract Year the total sum of Three Hundred Twenty Five Thousand US Dollars ($325,000.00) (referred to hereinafter as “Minimum Annual Compensation”). PROMOTER agrees, commencing with the Effective Date, to pay WRESTLER the Minimum Annual Compensation in fifty-two (52) weekly installments consistent with PROMOTER’s regular payment procedures.
(b) PROMOTER shall be entitled to deduct from the Minimum Annual Compensation any fines levied against WRESTLER, as provided for in Sections 8.3 or 9.13(a); any costs or expenses paid by PROMOTER on behalf of WRESTLER, as provided for in Sections 8.1 and 9.13(b); or any deductions permitted as set forth in Section 7.7 and 10.2(b). PROMOTER shall also have the right to credit against the Minimum Annual Compensation: (i) any royalties earned by WRESTLER; (ii) any payments made to WRESTLER by PROMOTER in accordance with Section 7.2; and/or (iii) any other payments due or earned by WRESTLER for the rights granted herein or pursuant to the terms of this Agreement. For the purposes of this Agreement, any royalty payments due shall be deemed “earned” only at the time they are paid to WRESTLER.
(c) Unless terminated for breach pursuant to Sections 12.1(a) through (f) and 12.2, if applicable, at least one hundred twenty (120) days after each Contract Year, if it is determined that WRESTLER has earned more than the Minimum Annual Compensation for services rendered during that Contract Year, WRESTLER shall be paid subject to any permitted deductions or credits in accordance with Section 7.1(b), in a one lump sum the difference between the Minimum Annual Compensation and what WRESTLER actually earned for services rendered during that Contract Year.
(a) If WRESTLER appears and performs in any Non-Televised Live Event, defined as an Event produced by PROMOTER in an arena before a live audience at which admission is charged other than those arena events which are taped or broadcast as set forth in Sections 7.2 (b) and 7.2 (c) below, WRESTLER shall be paid by PROMOTER an amount equal, in PROMOTER’s sole discretion, to such percentage of the paid receipts for such Non-Televised Live Event only as is consistent with the nature of the match in which WRESTLER appears, i.e., preliminary, mid-card, main event, etc. and any standards PROMOTER establishes specifically for such Non-Televised Live Event.
(b) If WRESTLER appears and performs in connection with ...
PAYMENTS/ROYALTIES. 3.1 Upfront Consideration Royalty.
3.2 Milestone Royalties for Licensed Products 3.3 Running Royalties for Sales of Licensed Products.
3.4 Third Party Royalties 3.5 Certain Affiliate and Sublicensee Royalties 3.6 Obligation to Pay Royalties 3.7 Royalties on Combined Products
PAYMENTS/ROYALTIES. With respect both to CHIRON Licensed Products sold or Shipped, ROCHE shall make payments to CHIRON as set forth in Exhibit A.
PAYMENTS/ROYALTIES. With respect to all Units, ROCHE shall make payments to CHIRON as set forth in Exhibit A. ARTICLE
PAYMENTS/ROYALTIES. With respect to all Units, ROCHE shall make payments to CHIRON as set forth in Exhibit A. For the avoidance of doubt, payments are due CHIRON only with respect to (a) CHIRON Licensed Products sold in a country within the Region where there is a Valid Claim of a CHIRON Licensed Patent and (b) CHIRON Licensed Products used by ROCHE or its Affiliates to perform assays for commercial purposes or by an End User in a country within the Region where there is a Valid Claim of a CHIRON Licensed Patent. ARTICLE
PAYMENTS/ROYALTIES. 4.01 For the license granted to SAVYON under this Agreement, SAVYON will pay to WRF a non-refundable license fee of Forty Thousand Dollars (US$ 40,000), payable as follows:
(a) $30.000 within ten (10) days of the Agreement Date
(b) $10.000 on or before the first anniversary of the Agreement Date. Such payment shall be creditable against future earned royalties payable to WRF based upon Sales made prior to January 1. 1997.
4.02 For the license granted to SAVYON under this Agreement. SAVYON will pay to WRF an earned royally equal to seven percent (7.0%} of Net Sales made in the Territory.
4.03 Royalties shall be paid to WRF twice per year and shall reflect Net Sales made during each calendar half-year. Royalties snail be payable within 60 days of the expiration of each calendar half-year.
4.04 For the license granted to SAVYON under this Agreement. SAVYON will pay to WRF a non-refundable annual license administration fee of Three thousand five hundred Dollars (US$ 3,500), first due and payable on the first anniversary of the Agreement Date and annually thereafter on each anniversary of the Agreement Date.
4.05 All monies due WRF under this Agreement shall be paid in United States Dollars. The rate of exchange to be used in computing the amount of any foreign currency payments equivalent to United Slates Dollars shall be made at the rate of exchange in effect at the Chase Manhattan Bank on the last business day of the calendar half-year that the royalty payment accrues.
4.06 All fees and royalties due WRF under this Agreement not received when due will be subject to interest charged at 19.0% per annum compounded monthly at the first of each calendar month. Payments received by the WRF will be applied first to the outstanding interest due and then to the outstanding principal due. Payment of such interest shall not limit WRF from exercising any other rights it may have as a consequence of the lateness of any payment.
PAYMENTS/ROYALTIES. With respect both to CHIRON Licensed Products sold or Shipped, ROCHE shall make payments to CHIRON as set forth in Exhibit A. ARTICLE 4
PAYMENTS/ROYALTIES. With respect both to Licensed Products sold or Shipped, ▇▇▇▇▇▇ shall make payments to CHIRON as set forth in Exhibit A. Exhibit A also sets forth the manner in which such payment to CHIRON may be adjusted.
PAYMENTS/ROYALTIES. (a) In consideration of the license and rights granted to Licensee by Licensor hereby, upon execution and delivery of this Agreement by the Parties, Licensee shall pay Licensor the non-refundable amount of two hundred fifty thousand dollars ($250,000) (the “Milestone 1 Payment”); provided, that the fact that the Milestone 1 Payment is non-refundable shall not limit the rights of Licensee to indemnification hereunder. Upon receipt of the Milestone 1 Payment, Licensor shall deliver the Technology to Licensee in accordance with Exhibit B. Licensee shall pay to Licensor the Royalty and Milestone Payment amounts set forth on Exhibit C attached hereto in accordance with the satisfaction of the provisions therefor.
(b) For the purpose of computing Royalties, (i) sales shall be regarded as made when payments are due under Licensee’s normal commercial terms of sale, (ii) sales by Affiliates of Licensee shall be deemed sales by Licensee, (iii) sales in currencies other than U.S. dollars shall be converted to U.S. dollars at the applicable foreign currency conversion rate, reported in the “Exchange Rates” table as found in the “Money and Investing” section of the Wall Street Journal, effective on the date that is the last day of the calendar quarter for which payment is due to Licensor and (iv) any sales for a financial consideration other than currency shall be regarded as having been made at Licensee’s billing price(s) in effect at the time of sale.
(c) Royalties shall be paid by Licensee to Licensor by the date that is thirty (30) days after the end of each calendar quarter during the Term (each, a “Payment Date”) until the Maximum Royalty is reached. Payment of the Royalty shall begin at the end of the first calendar quarter during which Licensee records sales from the Products.
(d) Royalty payments shall be made to Licensor at its offices at the address set forth above, or by wire transfer of immediately available funds to such banking institution as Licensor may notify Licensee in accordance with Section 11 from time to time, in legal tender of the United States of America.
(e) In addition to any other remedy available to Licensor, if any payment due under this Agreement is not made by the Party with such payment obligation in accordance with this Agreement, including without limitation, as a result of any Royalty underpayment as set forth above, interest shall accrue and be payable, to the extent legally enforceable, on such unpaid amounts from and after the d...