Royalties and Commissions Sample Clauses

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Royalties and Commissions. 8.1 Commissions on Sales of Aspect BIS Sensors. For each BIS Sensor sold by Aspect to Spacelabs customers in the United States deemed to be for use with Spacelabs BISx Module, Aspect shall pay Spacelabs a commission equal to[**] percent of the net sales revenue (invoice price after discounts) billed by Aspect for such BIS Sensors. Aspect shall pay such commissions to Spacelabs on a calendar quarter basis. With such quarterly payments, Aspect shall provide to Spacelabs a list of Spacelabs customers to which such sales were made, the number of sensors sold in that quarter, and the net revenue billed for the sale of the sensors by Aspect. This quarterly payment shall be provided to Spacelabs no later than 30 days following the end of each calendar quarter. In the event that Aspect's standalone BIS monitors, the BIS modules and/or the BISx kits for other manufacturers have also been installed at such sites in addition to Spacelabs BISx Module, Spacelabs will be entitled to a [**] percent commission only on BIS Sensor sales deemed to be for use with the Spacelabs BISx Module. For the purposes of this Section 8.1, BIS Sensors shall be deemed to be for use with Spacelabs BISx Modules on the basis of a pro rata determination, based on the total number of BIS units of different types installed at such locations during the period according to Aspect's installed base records. To facilitate such calculations, Spacelabs will be responsible for providing Aspect with the documentation required in Section 8.2, and Aspect shall be responsible for providing Spacelabs with accurate information regarding the total number of non-Spacelabs units which have been installed, and are in use, at such sites. Such information shall be auditable by an independent auditor at Spacelabs' expense; provided, however, if the results of such audit reveal that the number of such non-Spacelabs units has been over reported by fifteen percent (15%) or more, Aspect shall reimburse Spacelabs for the cost of such audit.
Royalties and Commissions. Except as set forth in the Commission Documents, neither the Company nor any of its Subsidiaries has any responsibility or obligation to pay or have paid on their behalf any material commission, royalty or similar payment to any person with respect to their property rights.
Royalties and Commissions. There are no royalties, commissions, honoraria, fees, or other payments payable with respect to the Business to any person, including Pivotshare, by reason of the ownership, use, license, sale, or disposition of any of the Intellectual Property or the intellectual property rights of any other person or for any other reason.
Royalties and Commissions. Except as set out in the Registration Statement and Prospectus or such as would not individually or in the aggregate have a Material Adverse Effect, neither the Company nor the Subsidiaries have any responsibility or obligation to pay or have paid on their behalf any material commission, royalty or similar payment to any person with respect to their property rights.
Royalties and Commissions. 6.1 Commissions on Sales of Aspect BIS Sensors. For each Aspect BIS Sensor sold by Aspect to Datascope customers in the United States for use with Datascope [**] Systems, Aspect shall pay Datascope a commission equal to [**] percent of the net sales revenue realized by Aspect for such Aspect BIS Sensors. Aspect shall pay such commissions to Datascope on a [**] basis. With such [**] payments, Aspect shall provide to Datascope a list of Datascope customers to which such sales were made, the number of sensors sold in that [**], and the revenue realized from the sale of the sensors by Aspect. This [**] payment shall be provided to Datascope no later than 30 days following the end of each [**]. In the event that Aspect's standalone BIS monitors and/or the BIS modules of other manufacturers have also been installed at such sites in addition to Datascope [**] Systems, Datascope will be entitled to a [**]% commission only on BIS Sensor sales intended for use with Datascope [**] Systems. A pro rata determination will be based on the total number of BIS units ASPECT / DATASCOPE OEM DEVELOPMENT AND PURCHASE AGREEMENT of different types installed at such locations during the period. To facilitate such calculations, Datascope will be responsible for providing Aspect with documentation, on a [**] basis, of the total number of Datascope [**] Systems installed, and the dates of installation.
Royalties and Commissions. 3.1. SURECELLS will pay the Company a 7% royalty on purchases of products direct from suppliers as follows: 3.1.1. SURECELLS will deliver to the Company copies of all purchase orders to suppliers when issued. 3.1.2. Royalty payments on purchase orders issued will be due on the last business day of the following month received.
Royalties and Commissions. 22 Section 5.41. Acknowledgement Regarding Investor’s Acquisition of Securities...........................22
Royalties and Commissions. A. Royalties with respect to licenses granted hereunder shall be collected and distributed to Publisher and the relevant AA Society. As full consideration for Publisher’s grant of rights to SDL, SDL shall pay to Publisher Royalties in an amount equal to Publisher’s share of the monies actually received by SDL on behalf of Publisher with respect to licenses granted hereunder on the terms set forth below. B. No later than thirty (30) days following the close of each calendar quarter, SDL shall credit to Publisher’s account for payment (and shall pay to Publisher) one hundred percent (100%) of all royalties and/or other amounts earned and/or derived from licenses of the Works and actually received by SDL from any source including from any Digital Service Provider or any third-party representative (or credited to SDL by way of recoupment of any advance previously received, if any) that is directly and identifiably attributable to the use and/or Online Exploitation of Publisher’s Works in the Territory during the Term, adjusted on a pro-rata basis by ownership share, after allowing solely for the deduction of SDL’s commission as set forth in section VII. G. below (the “Royalties”). Royalties shall be paid to Publisher without offset or reduction except as may be expressly permitted under this Agreement. The term “Royalties” shall also include, without limitation, the amount of any settlement proceeds, judgments or other similar amounts received by SDL or on its behalf to the extent relating to the Publisher’s Works, net only of Publisher’s pro rata share of SDL’s reasonable out of pocket costs to collect such amounts. C. Each remittance by SDL to Publisher shall be accompanied by a statement identifying, in reasonable detail, the source and nature of the income received, the relevant period, the amounts payable to Publisher, for which Work(s) the payments are made and – if available – the territories, categories of rights and type of usage made. Publisher acknowledges and agrees that, in the case of monies received from any Third-party Representative, SDL may include on Publisher’s statement only such information as is generally made available to SDL by such Third-party Representative. ▇. ▇▇▇▇▇▇▇▇▇ with respect to licenses granted hereunder shall be collected by SDL, MINT or a third-party representative and distributed to Publisher (and/or the appropriate AA Society with respect to certain AA Performance Rights). Royalties with respect to licenses granted by an...
Royalties and Commissions