Royalty Payments and Statements. Within forty-five (45) days after the end of the first calendar year in which Licensee makes the First Commercial Sale, Licensee shall deliver to Orion a written royalty report (the “Royalty Report”) covering sales of Recro Products for such calendar year. Thereafter, within forty-five (45) days after the end of each calendar quarter, Licensee shall deliver to Orion a Royalty Report for such quarter. Each Royalty Report shall contain the following information for the relevant period:
Royalty Payments and Statements. Royalties shall be computed based on the currency of the United States of America, and shall be paid in the currency of the United States of America. For purposes of the preceding sentence, the exchange rate used to convert any Net Receipts into American currency shall be the exchange rate actually charged to STRATEGY by the party converting such Net Receipts into American currency. Royalties shall be calculated at or near the end of every quarter based upon the distribution and sales reports that STRATEGY receives from its distribution partners. A written statement providing a complete, itemized description of the calculation of the Royalties paid for the preceding quarter (a “Royalty Statement”) shall accompany each Royalty payment, or shall be sent alone within such period if no Royalties are due for such quarter. Statements as to royalties payable hereunder shall be sent by STRATEGY to RED MILE, together with payment of any royalties earned by RED MILE.
Royalty Payments and Statements. Within thirty (30) days after the close of each quarter during which Net Revenue was received by Motorola, Motorola will pay to AMD royalty payments based on ***** reflected in the table set forth below. ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** Each payment will be accompanied by a statement reflecting the Net Revenue received during the quarter from Royalty Bearing Devices manufactured.
Royalty Payments and Statements. With respect to each Licensed Product, after the First Commercial Sale and until the Royalty Term expires, Licensee shall deliver to Licensor within forty (40) days after the end of each calendar year, the total royalties due from Licensee to Licensor for such year, along with a report setting forth for such year the following information: [***] 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.
Royalty Payments and Statements. Excepting Licensed Products manufactured for it by another licensee, the LICENSEE shall render statements and royalty payments as follows:
Royalty Payments and Statements. (a) Licensee will pay to IBM Royalty Payments associated with the distribution of copies of the Licensed Software by Licensee in connection with this Agreement as follows: For each copy of the Licensed Software delivered by Licensee to a third party with a Licensee Computer or used by Licensee internally, Licensee will pay to IBM a royalty in the amount and according to the terms specified in Exhibit B. Notwithstanding the foregoing, Licensee shall not be obligated to pay IBM any royalty for: (i) distribution of Maintenance Releases, System Updates, and Replacement Copies pursuant to Section 2.1(a)(iii) above, provided, however that Maintenance Releases, System Updates and Replacement Copies will be royalty-free only if they are shipped as a replacement for or an update to copy of the Licensed Software for which a royalty has been paid or is not due; (ii) use by Licensee of a reasonable number of copies of each version of the Licensed Software for demonstrating the Licensed Software (provided such use does not include distribution of the Licensed Software to End Users), and for internal use in training, briefing and porting centers; and (iii) copies used by IBM or Sublicensees pursuant to Section 2.1(b)(iii). IBM will provide Licensee with a credit against Royalty Payments for any copies of Licensed Software which are returned to Licensee for which a royalty was paid.
Royalty Payments and Statements. LICENSEE shall render statements and royalty payments as follows:
Royalty Payments and Statements. Commencing on the calendar quarter in which the First Commercial Sale occurs, Licensee shall, within thirty (30) days after the end of each calendar quarter, pay to Orion the total royalties due from Licensee to Orion for such calendar quarter, along with a written report setting forth for such calendar quarter the following information:
Royalty Payments and Statements. Licensee is obligated to pay royalties (in United States dollars), as follows.
Royalty Payments and Statements. 31 8. Term ................................................................................ 36 9. Infringement ........................................................................ 37 10.
