Royalty Payments to Licensee Sample Clauses

Royalty Payments to Licensee. Upon termination of this Agreement, if Licensee has provided sufficient funds for the development of commercial models of Suncone, and if the Licensed Technology is later licensed to another entity, Licensee shall receive a royalty on Gross Receipts according to the following table: Funds Provided for Suncone Royalty Technical Development by Licensee $ 250,000 0.5% 500,000 1% 1,000,000 2% 3,000,000 3%
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Royalty Payments to Licensee. Upon termination of this Agreement, if Licensee has provided sufficient funds for the development of commercial models as set forth below, and if the Licensed Technology is later licensed to another entity, Licensee shall receive a royalty on Net Sales received by such other licensed entity or entities according to the following table: Funds Provided for Royalty Technical Development by Licensee of the Licensed Technology $ 250,000 0.5% $ 500,000 1% $ 1,000,000 2% $ 3,000,000 3%
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Royalty Payments to Licensee. Upon the execution of this Agreement, Operator shall advance to Licensee, $____________________as the advance payment of the annual Royalty Payment due to Licensee during the Term ("Advance Royalty Payment"). The annual "Royalty Payment" shall be equal to $_________________which, if not paid in advance, would become due on each anniversary of the execution of this Agreement. The Advance Royalty Payment and any other amounts owed by Operator to Licensee hereunder shall be subject to offset from any amounts owed by Licensee or its parent, Hispanic Information and Telecommunications Network, Inc. If, for any reason, this Agreement terminates (including without limitation by reason of Operator purchasing the license pursuant to Section 21 hereof, the Loss of the License or otherwise) or expires prior to the end of the Term, including all available Renewal Terms, the remaining advanced Royalty Payment which would have otherwise become due during the Term had this Agreement not been terminated, shall be refunded to Operator in immediately available funds within two (2) days of such termination.
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Royalty Payments to Licensee 
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Related to Royalty Payments to Licensee

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

  • Royalty Payment For all leased substances that are sold during a particular month, Lessee shall pay royalties to Lessor on or before the end of the next succeeding month. Royalty payments shall be accompanied by a verified statement, in a form approved by Lessor, stating the amount of leased substances sold, the gross proceeds accruing to Lessee, and any other information reasonably required by Lessor to verify production and disposition of the leased substances or leased substances products. Delinquent royalties may be subject to late fees and penalties in accordance with Lessor’s Rules.

  • Reports and Royalty Payments Within [* * *] days after the beginning of each Contract Quarter during the Royalty Term, Celgene shall deliver to Acceleron a report setting forth for the previous Contract Quarter the following information on a Licensed Product-by-Licensed Product and country-by-country basis in the Territory: (a) the gross sales and Net Sales of Licensed Product, (b) the number of units sold by Celgene, its Affiliates or Sublicensees, (c) the basis for any adjustments to the royalty payable for the sale of each Licensed Product, and (d) the royalty due hereunder for the sales of each Licensed Product (the “Royalty Report”). The total royalty due for the sale of Licensed Products during such Contract Quarter shall be remitted at the time such report is made. No such reports or royalty shall be due for any Licensed Product before the First Commercial Sale of such Licensed Product.

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • Royalty Licensee shall pay Licensor a royalty equal to the Royalty Rate times Net Sales.

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Sublicense Revenue In the event Licensee or an Affiliate of Licensee sublicenses under Section 2.2, Licensee shall pay CareFusion **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of any Sublicense Revenues resulting from sublicense agreements executed by Licensee.

  • Third Party Royalties Each party shall be responsible for all of its own costs of commercializing Products or licensing Intellectual Property Rights, including any payments to Third Parties for work done by such Third Parties or for licenses necessary for the manufacture, sale, or use of Products by a party or its Affiliates or sublicensees.

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