Royalty Calculations. 24 4.02 Supply of Licensed Products and/or 4.03 Combination Products ............................................ 24
Royalty Calculations. The royalties and allocation of Net Sales set forth in Subsection 4.01.01 above shall be in lieu of the royalties set forth in Section 3.05 hereof with respect to Net Sales of Licensed Products or Combination Products for the United States. Net Sales for the United States subject to royalty calculations pursuant to Subsection 4.01.01 shall also not be used in computing total annual Net Sales of Licensed Products and Combination Products pursuant to Section 3.
Royalty Calculations. Royalties shall not be due with respect to Licensed Products for which all or part of the purchase price has been refunded [*] of delivery (and such refunded amounts will be deducted from amounts to which the relevant royalty rate is applied).
Royalty Calculations. (a) For purposes of this Agreement, “Net Sales” of Licensed Products with respect to a particular period means the amounts that Lombard collects against invoices to Third Parties for sales of Licensed Products listed on Exhibit A and Licensed Products covered by the Jervis Patent, less sales discounts, deductions, transactions costs or adjustments. Without limitation of the foregoing, Net Sales shall include all transfers of Licensed Products to Third Parties that Lombard records as a sale pursuant to generally accepted accounting principles consistently applied. The sales that are denominated in currencies other than U.S. Dollars shall be converted into U.S. Dollars based on the daily exchange rates listed in the Wall Street Journal for the last day of the Half Year period in which such sales occurred, or on such other basis to which the parties may hereafter mutually agree in writing.
Royalty Calculations. Royalties, if any, are paid against revenue recorded by the party licensing to the end-user for a calendar royalty payment quarter Payment will be made by the last day of the first calendar month following the close of the royalty payment quarter. All payments will be made in U.S. Dollars. Payments based on foreign revenue will be converted to U.S. dollars on a monthly basis at the rate of exchange published by Reuters Financial Service on approximately the same day each month.
Royalty Calculations. Examples of royalty calculations pursuant to this Section 8.4 are set forth on Exhibit 9.
Royalty Calculations. Royalties shall be payable hereunder only on Products, the manufacture, use, sale or importation of which in or into a specified country is covered by a Valid Claim. Royalties shall be determined on a [********] basis.
Royalty Calculations. Royalties, if any, are paid against sales recorded by Buyer for a ***. Payment will be made by *** of the *** following the royalty payment ***. All payments will be made in U.S. dollars. Payments based on foreign revenue will be converted to U.S. dollars on a monthly basis at the rate of exchange published by Reuters Financial Service on approximately the same day each month. Terms for payment of any non-royalty payments will be specified in the relevant SOW and/or WA.
Royalty Calculations. Royalty payments due pursuant to Sections 8.4(a) and 8.4(b) shall be calculated ***. Therefore, *** The example below is for illustrative purposes only. Example: ***
Royalty Calculations. The royalty figures identified in this Section 13.4.4 below apply only on compounds whose manufacture infringe one or more valid and enforceable claims of issued patents within the Avecia Patent Rights. Royalties referenced in Section 13.4.4(b)(i) shall be based on the actual cost of manufacturing API, calculated in accordance with the cost-accounting policy of Genta or the Principal Genta Partner (as applicable), consistently applied across all of the products of Genta or the Principal Genta Partner (as applicable) Royalties pursuant to Section 13.4.4(b)(ii) shall be based on the price of API actually paid by Genta or the Principal Genta Partner to the applicable Third Party for such API, less any taxes, duties, shipping costs, or the like, and adjusted to take into account any subsequent refunds, credits, returns or the like. Such royalty amounts shall be the flat percentage per compound indicated below, regardless if one or more than one distinct patents are used. Royalties shall be due within sixty (60) days after the end of each calendar quarter. Other than as specifically provided in this Section 13.4, neither Genta nor the Principal Genta Partner shall owe any royalties or other compensation to Avecia for the exercise of its rights hereunder.
