Royalty Consideration. In consideration for the rights granted to it, VapAria shall further pay royalties as described in this Article.
Royalty Consideration. As additional consideration for the purchase of the Purchased Assets, the Buyer agrees to make the following payments to the Seller in accordance with, and subject to the conditions of, this Section 2.2(c) and Section 6.1 (the sum of any such payments, if any, the “Royalty Consideration”):
Royalty Consideration. At Completion, in consideration of NLS assigning the Shareholder Loans and Encumbrances therefor to the Purchaser pursuant to clause 5.1 hereof, the Purchaser will grant a royalty to NLS on the terms of the Royalty Agreement.
Royalty Consideration. In consideration for the rights it has been granted, CQENS has received value it deems sufficient and appropriate and will not charge LEAP royalties nor will LEAP be required to pay royalties in connection with the licenses and rights extended. In no event shall LEAP be obligated to make any payment or other remuneration to CQENS in connection with this Agreement; it being acknowledged and agreed that all such remuneration has been paid to CQENS in connection with that certain Contribution Agreement entered into by and between the parties as of the date hereof (the “Contribution Agreement”).
Royalty Consideration. So long as this Agreement remains effective, the Buyer shall pay to the Sellers or to an entity or person of the Sellers' designation, one and one half percent (1.5%) of the Net Revenues generated by the Company on the sale of all Equipment.
Royalty Consideration. (a) Except as otherwise provided in Section 3.2(c) hereof, Buyer shall pay to Seller [REDACTED: Royalty percentage] royalty on Net Sales in the Territory from the Closing and until December 31, 2023 (the “Royalty”). Thereafter the Royalty shall decrease to [REDACTED: Royalty percentage] of Net Sales until December 31, 2034. The Royalty provided in this Section 3.2(a) shall be determined after deduction of amounts spent by Buyer or its Licensee as part of the Minimum Promotional Spend. In the event a Generic Product is launched in the Territory by an independent Third Party, the applicable royalty will be reduced to [REDACTED: Royalty percentage] of Net Sales.
Royalty Consideration
