ROYALTIES AND CONSIDERATION. 5.1 The parties acknowledge and agree that the consideration for the rights granted Alnylam to the Technology under this Agreement, and the consideration for the rights granted by Inex to Alnylam to other technologies under the LCA, is the payment by Alnylam of milestones and royalties in accordance with the terms of Article 7 of the LCA (“Royalty” or “Royalties”).
ROYALTIES AND CONSIDERATION. 11.1.The Company shall be granted an exclusive, worldwide license including the right to Grant a Sub-license, to manufacture, use, develop, implement, commercialize, market and sell in Israel and worldwide the Program Products; The license shall be granted as of the date of execution of the Agreement and for a period of 10 (ten) years commencing from the first commercial sale of any product. The period shall be extended for an additional period of 10 (ten) years. If the protection period of the Patent or other registered Intellectual Property right regarding the Program Products is extended by law, the license period shall similarly be extended in accordance therewith, up to the entire validity of the patent. Extension of the license shall be made on condition that the Company has fulfilled all of its material undertakings hereunder.
ROYALTIES AND CONSIDERATION. 4.1 For the rights, privileges and license granted hereunder, LICENSEE shall pay to BRANDEIS or in the case of patent expenses to the designated patent attorney (in the manner hereinafter provided to the end of the term of this Agreement): Certain portions hereof denoted with “[***]” have been omitted pursuant to a request for confidential treatment. An unredacted copy hereof has been filed separately with the United States Securities and Exchange Commission pursuant to a request for confidential treatment.
ROYALTIES AND CONSIDERATION. 5.1 In consideration of the license granted hereunder, the Licensee shall pay to the University [***] percent ([***]%) of the Revenues.
ROYALTIES AND CONSIDERATION. 3.01 Licensee shall pay to Licensor a royalty of [***], with respect to sales of Licensed Products within the United States after the Effective Date and during the Term of this Agreement, as such amounts may be adjusted pursuant to Sections 3.02 through 3.04, below. [***]
ROYALTIES AND CONSIDERATION. 5.1 The Licensee shall pay to the University a royalty (the “Royalty”):
ROYALTIES AND CONSIDERATION. 5.1 In consideration of the rights granted by LICENSOR hereunder, LICENSEE shall:
ROYALTIES AND CONSIDERATION. 4.1 Advance Minimum Royalty. LESSEE shall pay to LESSOR advance minimum royalties as follows: XXXXXXX GOLD GROUP, INC./XXXXXXX XXXXXXX, et al. EXPLORATION AGREEMENT AND OPTION TO LEASE
ROYALTIES AND CONSIDERATION. A. Dealer agrees to pay a fee and/or royalty to Company in the amount of 2% on all sales order submissions below $300,000 per month, 3% of all sales order submissions over $300,000 but less than $500,000 per month and 4% on sales order submissions above $500,000 per month. Said fees/or royalties will be paid upon collection by Dealer of User accounts receivable. In addition, Dealer will pay a processing fee of 2% of the sales order amount at the time the order is submitted to the Company for processing.
ROYALTIES AND CONSIDERATION. LICENSEE, for and in consideration of the granting of this Exclusive License Agreement, agrees to pay to LICENSORS, for the term of this Agreement, a royalty of three per cent (3.0%) of the net selling price for all wholesale or retail sales of "units" of LICENSORS' inventions, that include the improvements engineered thereto, and products as are later developed as a result of LICENSORS' efforts, and as are sold by LICENSEE or any sublicensee, in the United States and throughout the world. Royalty payments to be paid quarterly, on or before the fifteenth (15) day following the end of each calendar quarter. If such royalties are not paid by the thirtieth (30) day from the last day of the previous calendar quarter, the LICENSORS may terminate this Agreement as provided for in paragraph 8 below.
