Royalty Advance. On the Effective Date, Adobe shall pay ESPS the Royalty Advance. This advance shall be credited against all royalty payments owed by Adobe under Section 6.2 and will be considered the minimum amount of royalties due under this Agreement.
Royalty Advance. As partial payment for the rights granted to GW by --------------- IGI hereunder, GW shall pay IGI a royalty advance of ************************ *********** (the "Royalty Advance") within three (3) days of execution of this --------------- Agreement. The Royalty Confidential materials omitted and filed separately with the Securities and Exchange Commission. Asterisks denote such omissions. Advance shall be fully creditable against future royalties earned by IGI, in accordance with the following provisions:
(a) With respect to any royalty period ending in the calendar year 1997, ******** on of the royalties payable to IGI shall be creditable against the Royalty Advance;
(b) With respect to any royalty period ending in the calendar year 1998, up to *********************** of the royalties which would otherwise be payable to IGI may be creditable against the Royalty Advance; and
(c) With respect to any royalty period ending in any calendar year subsequent to 1998, up to *********************** of the royalties which would otherwise be payable to IGI may be creditable against the Royalty Advance, until the total amount of the Royalty Advance is fully credited against royalties.
Royalty Advance. 6.1. DMD will advance to SUNI $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION in cash as follows: o $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION paid to SUNI April 2, 1999 o $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION paid to SUNI thirty days after execution of this Agreement o $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION paid to SUNI sixty days after execution of this Agreement The $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION advance will be credited against the first $CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION in royalties that DMD would otherwise be obligated to pay to SUNI under the Development Agreement commencing with the first royalty payment that becomes due under the Development Agreement, provided that DMD may not take such credit with respect to royalties that become due during any calendar quarter if the cumulative orders placed by DMD total fewer than CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION Sensor Assemblies to be delivered by SUNI to DMD during such calendar quarter.
6.2. DMD will lease equipment ("DMD Leased Equipment") for SUNI's use in connection with the manufacture, assembly and testing of DMD products, and SUNI agrees that if it will not use the DMD Leased Equipment for other purposes, unless SUNI is able to meet DMD's requirements for Sensor
Royalty Advance. Upon execution of the Agreement by COLDWATER CREEK, MBNA America shall pay to COLDWATER CREEK the sum of two hundred thousand dollars ($200,000.00) (the "Advance"), as an advance against future Royalties, subject to the provisions set forth below. All Royalties accrued shall, in lieu of direct payment to COLDWATER CREEK, be applied against the Advance until such time as the Advance is fully recouped. Any Royalties accrued thereafter shall be paid to COLDWATER CREEK as set forth in this Agreement. Notwithstanding the foregoing, COLDWATER CREEK hereby promises to pay MBNA America upon demand an amount equal to the difference between the amount of the Advance and the total amount of accrued Royalties credited by MBNA America against the Advance as of the date of such demand, in the event any of the conditions set forth in Clauses (i) through (iv) below should occur:
(i) the Agreement terminates and the amount of the Advance has not been fully recouped by MBNA America;
(ii) COLDWATER CREEK breaches any of its obligations under this Agreement;
(iii) MBNA America is prohibited or otherwise prevented from conducting at least two (2) direct mail campaigns to the full updated Mailing List during each consecutive twelve month period during the term of the Agreement; and
(iv) MNBA America is prohibited or otherwise prevented from conducting at xxxxx one (1) telemarketing campaign to the full updated Mailing List during each consecutive twelve month period during the term of the Agreement.
A. Customers will have the opportunity to participate in the enhancement program established by COLDWATER CREEK (the "Enhancement Program") which will enable such Customers to earn one (1) twenty dollar ($20.00) certificate (each, a "Certificate") from COLDWATER CREEK for each two thousand ($2,000.00) dollars worth of Adjusted Purchases (as described below) on the Credit Card Account, that can be applied toward the purchase of merchandise at COLDWATER CREEK retail establishments or from COLDWATER CREEK catalogs. For the purpose of calculating Adjusted Purchases dollar volume, (i) Adjusted Purchases do not include fees, finance charges, credits, returns, refunds, unauthorized transactions and cash advances; (ii) each dollar of eligible purchases made from merchants other than COLDWATER CREEK shall equal one dollar ($1.00) in Adjusted Purchases, and each dollar of eligible purchases made from COLDWATER CREEK catalogs or COLDWATER CREEK retail establishments, shall equal five dollars (...
Royalty Advance. Synopsys agrees to advance VLSI [*** Redacted] against --------------- royalties payable to VLSI under Section 4.4 below. Such advance is payable to VLSI within fifteen (15) working days of the Effective Date. In the event. VLSI is unable to successfully modify the VLSI Products for Synopsys' CBA Technology as set forth in Section 3.1 and Synopsys reasonably determines, after ------------------ *** Confidential treatment requested pursuant to a request for confidential treatment filed with the Securities and Exchange Commission. Omitted portions have been filed separately with the Commission. consultation with VLSI that VLSI will be unable to complete the required modification, VLSI agrees to return the entire advance to Synopsys within fifteen (15) working days of such determination. VLSI agrees that [*** Redacted] of the royalty amounts otherwise payable by Synopsys to VLSI pursuant to Section 4.4 below shall be retained by Synopsys to offset this advance until the entire amount of the advance has been fully offset.
Royalty Advance. Art Licensee shall pay Art Licensor the sum of $___________, half upon Closing of this Agreement and half upon the first publication of a Licensed Item, which amount shall be considered as an advance on Royalties payable pursuant to paragraph 4.3 and shall be in lieu of any such Royalties otherwise due, up to the amount of such advance. The Royalty advance shall be nonrefundable, even in the event that the amount of such advance exceeds the Royalties payable to Art Licensor pursuant to paragraph 4.3.
Royalty Advance. Reference is made to Section 3.1 of the Supply Agreement, pursuant to which GW paid to IGI the Royalty Advance of One Million Dollars ($1,000,000), and to Section 13.2 of the Supply Agreement, pursuant to which IGI was to repay to GW the Remaining Royalty Advance as such term is defined in the Supply Agreement. The parties hereby agree that the Remaining Royalty Advance is Six Hundred and Eight Thousand Dollars ($608,000). IGI agrees to repay the Remaining Royalty Advance to GW according to the terms and conditions contained in the secured promissory note, a copy of which is attached hereto as Exhibit A (the "Royalty Promissory Note"). On the Effective Date, IGI shall execute and deliver the Royalty Promissory Note to GW.
Royalty Advance. Buyer shall advance (the "Advance") to Seller in --------------- cash at the Closing Seventy Five Thousand Dollars ($75,000) against the Royalties due to Seller pursuant to subsection 1.2(b) for (i) use by Seller to settle or repay all unsecured liabilities of Seller as of the Closing Date; and, (ii) to the extent of any remainder after Seller has repaid all such unsecured liabilities in full, or entered into agreements providing for the full and final satisfaction of all such liabilities, for any other legitimate purpose related to Seller's business. Until the Advance shall have been repaid in full to Buyer, Buyer shall be entitled to withhold 25% of the Royalties, plus 50% of the Base Product Override and 50% of the New Product Override, if any, due to Seller. In the event that the amounts withheld pursuant to this Section 1.3 are insufficient to repay in full the Advance to Buyer prior to the fifth anniversary of the Closing Date, the unpaid portion of the Advance shall be repaid to Buyer by Parekh in cash not later than the sixth anniversary of the Closing Date, together with simple interest on average monthly balance of the unpaid portion at the Mid-Term Applicable Federal Rate then in effect for the period commencing on the day following the fifth anniversary of the Closing Date until the Advance is repaid in full to Buyer.
Royalty Advance. Subject to Section 4.5, upon the later of (i) the date of execution by Virgin of a written agreement with Scaled or any other third party relating to the design, construction or testing of a Licensed Spacecraft and (ii) January 31, 2005, Virgin shall pay to MAV, as a [***] advance against the construction royalty payable under Section 4.3 below, [***].
Royalty Advance. The Royalty fee which will be paid in advance shall be in the amount of Xxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxxx Dollars ($100,000.00 USD), payable as follows: $50,000 USD to be paid upon the Effective Date of this Agreement; and $50,000 USD to be paid within 30 days from the Effective Date of this Agreement.
