Royalties and Commissions Sample Clauses

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.
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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.
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Royalties and Commissions. 6.1 Commissions on Sales of Aspect BIS Sensors. For each Aspect BIS Sensor sold by Aspect to Draeger customers in the United States for use with Draeger BISx Systems, Aspect shall pay Draeger a commission equal to [**] percent of the net sales revenue (invoice price after discounts) billed by Aspect for such Aspect BIS Sensors. Aspect shall pay such commissions to Draeger on a [**] basis. With such [**] payments, Aspect shall provide to Draeger a list of Draeger customers to which such sales were made, the number of sensors sold in that [**], and the net revenue billed for the sale of the sensors by Aspect. This [**] payment shall be provided to Draeger no later than [**] following the end of each [**]. In the event that Aspect's standalone BIS monitors, the BIS modules and/or the BISx Systems of other manufacturers have also been installed at such sites in addition to Draeger BISx Systems, Draeger will be entitled to a [**] percent commission only on BIS Sensor sales intended for use with Draeger BISx Systems. A pro rata determination will be based on the total number of BIS units of different types installed at such locations during the period according to Aspect's FINAL 7/36 ASPECT/DRAEGER BISx DEVELOPMENT, PURCHASE AND LICENSE AGREEMENT installed base records. To facilitate such calculations, Draeger will be responsible for providing Aspect with the documentation required in Section 5.4, and Aspect shall be responsible for providing Draeger with accurate information regarding the total number of non-Draeger units which have been installed, and are in use, at such sites. The information on total installed BIS systems at Draeger accounts is auditable by an independent auditor at Draeger's expense.
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Royalties and Commissions. 22 Section 5.41. Acknowledgement Regarding Investor’s Acquisition of Securities...........................22
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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.
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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. X. Xxxxxxxxx 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...
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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.
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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.
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Royalties and Commissions 
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Related to Royalties and Commissions

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Brokers' Fees and Commissions Neither the Purchaser nor any of its officers, partners, employees or agents has employed any investment banker, broker, or finder in connection with the transactions contemplated by the Primary Documents.

  • Royalties This agreement entitles the author to no royalties or other fees. To such extent as legally permissible, the author waives his or her right to collect royalties relative to the article in respect of any use of the article by the Journal Owner or its sublicensee.

  • Fees and Royalties In consideration for the license granted herein to LICENSEE under Patent Rights LICENSEE agrees to pay to UNIVERSITY: (a) license maintenance fees of i) [***] on the [***] anniversary of the Effective Date, and ii) [***] on the [***] anniversary of the Effective Date, and iii) [***] on the [***] and annually thereafter on each anniversary of the Effective date; (b) an earned royalty of [***] on Net Sales; [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. (c) [***] of all sublicense fees received by LICENSEE from its Sublicensees that are not earned royalties. All fees and royalty payments specified in this Paragraph 3.1 shall be paid by LICENSEE in accordance with the provisions of Paragraph 4.3. If there are multiple, stacking royalties required to be paid by LICENSEE to any third party in order to exercise its rights hereunder to make, have made, use or sell the Licensed Products and the resulting aggregate royalty rate is [***], then the royalty rate under Section 3.1.(b) will be adjusted so that the combined royalty payments from LICENSEE to all of its licensors, including UNIVERSITY, does not exceed [***]. The royalty rate payable to UNIVERSITY will be reduced [***] to a rate determined by [***], provided, however, that in no event shall the royalty rate payable to LICENSEE be less than [***]. Notwithstanding the foregoing, if LICENSEE’s agreement with any of such other licensors provides for a royalty proration formula based on an aggregate royalty rate [***], LICENSEE and UNIVERSITY will replace the aggregate royalty rate set forth in this Section with [***].

  • Brokerage Fees and Commissions The Seller has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Buyer or the Company will incur any liability.

  • Earned Royalties In partial consideration of the License and subject to Sections 3.7 and 3.8, Company will pay to Penn: (i) a graduated royalty as set forth in the table below based upon worldwide annual Net Sales made by Company and its Affiliates (but not sublicensees) of any Designated Compound Sold for use in the Field of Use while covered in the country of Sale of expected use by a Valid Claim of the Assigned BMS Patents that is licensed to Company under the License (but no other Licensed Product): <$500 million [CONFIDENTIAL TREATMENT REQUESTED] /*/% >$500 million but <$750 million [CONFIDENTIAL TREATMENT REQUESTED] /*/% >$750 million but <$1 billion [CONFIDENTIAL TREATMENT REQUESTED] /*/% >$1 billion [CONFIDENTIAL TREATMENT REQUESTED] /*/% [CONFIDENTIAL TREATMENT REQUESTED] /*/ PATENT LICENSE AGREEMENT (ii) a royalty of [CONFIDENTIAL TREATMENT REQUESTED] /*/ percent ([CONFIDENTIAL TREATMENT REQUESTED] /*/%) of Net Sales made by Company and its Affiliates (but not sublicensees) for all Licensed Products that qualify as “Licensed Products” hereunder based on clause (b) of that definition and Sold while covered in the country of Sale of expected use by a Valid Claim of the Penn Existing Patents or Penn New Patents; provided that, notwithstanding any credits provided for in Section 3.7 but subject in all events to Section 3.8, royalties payable by Company for such Net Sales for such Licensed Products shall not be less than [CONFIDENTIAL TREATMENT REQUESTED] /*/ percent ([CONFIDENTIAL TREATMENT REQUESTED] /*/%). Only one royalty shall be due hereunder on the Sale of the same unit of Licensed Product. If a royalty accrues to a Sale of a Licensed Product under both clause (i) and (ii) above, then the higher rate of clause (i) shall apply. Only one royalty shall be due hereunder on the Sale of a Licensed Product even if the manufacture, use, sale, offer for sale or importation of such Licensed Product infringes more than one Valid Claim of the Penn Patent Rights.

  • 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.

  • PATENTS AND ROYALTIES Unless otherwise provided, the Contractor shall be solely responsible for obtaining the right to use any patented or copyrighted materials in the performance of the contract resulting from this Invitation for Bids. The Contractor, without exception, shall indemnify and save harmless the County and its employees from liability of any nature or kind, including cost and expenses for or on account of any copyrighted, patented, or unpatented invention, process, or article manufactured or supplied by the Contractor. In the event of any claim against the County of copyright or patent infringement, the County shall promptly provide written notification to the Contractor. If such a claim is made, the Contractor shall use its best efforts to promptly purchase for the County any infringing products or services or procure a license, at no cost to the County, which will allow continued use of the service or product. If none of the alternatives are reasonably available, the County agrees to return the article on request to the Contractor and receive reimbursement, if any, as may be determined by a court of competent jurisdiction.

  • ROYALTIES AND PATENTS The Contractor shall pay all royalties and license fees. The Contractor shall defend all suits or claims for infringement of any patent rights and shall save the State harmless from loss on account thereof, except that the State shall be responsible for all such loss when a particular design, process or the product of a particular manufacturer or manufacturers is specified, but if the Contractor has reason to believe that the design, process or product specified is an infringement of a patent, The Contractor shall be responsible for such loss unless he promptly gives such information to the Architect.

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