Percentage Royalties or Fees Sample Clauses

Percentage Royalties or Fees. In respect of each Annual Period or portion thereof during the License Period, the Licensee shall pay CKI percentage royalties (“Percentage Royalties” or “Percentage Fees”) as follows: (i) [***] of Net Sales by Licensee and its subsidiaries (acting as approved distributors hereunder) to third parties, (ii) [***] of Net Sales to CKI or affiliated or unaffiliated store licensees, (which may include CKI’s distributors which have free-standing Cxxxxx Kxxxx store rights), (iii) [***] of Net Sales to Licensee’s owned stores/retail concessions, based on regular wholesale price (for applicable region) when shipped into stores/concessions, and (iv) [***] of Net Sales to Licensee’s third-party distributors (provided that distributor discounts are limited to not more than [***] off regular retail price in the aggregate for any Annual Period). If Licensee or any of its subsidiary distributors, or other subsidiaries sells Licensed Products to consumers, the Percentage Fee shall be based on the bona fide regular wholesale price that Licensee charges similarly-situated retailers in the applicable region, irrespective of Licensee's internal accounting treatment of such sales. Percentage Royalties shall be accounted for and payable quarterly no later than 30 April, 30 July, 30 October and 30 January with respect to Net Sales during the immediately preceding calendar quarter, except for the initial Annual Period for which they shall be accounted for quarterly but paid annually by 30 January 2023. The Percentage Royalties shall be payable only to the extent of the excess, if any, of (i) the aggregate Percentage Royalties accrued for such calendar quarter and all prior calendar quarters in such Annual Period computed based upon Net Sales from the beginning of the Annual Period through the end of such quarterly periods during such Annual Period over (ii) the aggregate amount of the installments of the Guaranteed Minimum Royalties under §4.1.3 only as applicable hereunder and Percentage Royalties under §4.1.1, actually paid for such calendar quarter and all prior calendar quarters to date during such Annual Period (that is, on a quarterly Annual Period to date basis). In no event will any payments of Percentage Royalties or Fees for any Annual Period be credited against the Minimum Guaranteed Royalties or Fees for such or any subsequent Annual Period. All royalties shall accrue upon the sale of the Licensed Products, sometimes referred to as “Earned Percentage Royalties,” regar...
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Related to Percentage Royalties or Fees

  • 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.

  • No Multiple Royalties If the manufacture, use, lease, or sale of any LICENSED PRODUCT or the performance of any LICENSED PROCESS is covered by more than one of the PATENT RIGHTS, multiple royalties shall not be due.

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • 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.

  • One Royalty No more than one royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim.

  • 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:

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

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