Royalty Per Pound Sample Clauses

Royalty Per Pound. Since Feedstock used by Rxxx to make Feedstock Products will not be sold to a third party, the parties have agreed to determine a Royalty Per Pound for each Feedstock, which will be used in computing the royalty due to Planet on Feedstock incorporated by Rxxx into Feedstock Products. The parties acknowledge that: (a) the cost to produce a Feedstock is affected by the cost of the metal powders, the cost of the binders and the cost of mixing the metal powders and binders to form the Feedstock; (b) the current cost of mixing is approximately One Dollar ($1.00) per pound of Feedstock for each time the Feedstock must be mixed (e.g. the cost of mixing for a single-mixed Feedstock is $1.00 per pound of Feedstock and such cost for a triple-mixed Feedstock is $3.00 per pound of Feedstock); (c) the cost of metal powders and, to a lesser extent, binders will vary (sometimes substantially) from time to time as market conditions change; and (d) in setting the selling price for any Feedstock, Planet would customarily mxxx up the total cost of such powders, binders and mixing by fifty percent (50%) for its gross profit. Accordingly, the parties have agreed that the Royalty Per Pound for each Feedstock will be adjusted periodically to reflect changes in such costs, as more particularly hereinafter provided. The Royalty Per Pound for any Feedstock at any given time shall be computed by multiplying the then cost per pound of such Feedstock by one and one-half (1.5) and then multiplying such product (the “Internal Price”) by either six percent (6%) for Water-Soluble Feedstocks or ten percent (10%)
Sample 1
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Related to Royalty Per Pound

  • Royalty Period The royalty payments set forth above shall be payable for each Licensed Product on a product-by-product and country-by-country basis from the time of First Commercial Sale of Licensed Product in such country until the later of (i) [**] years from the time of First Commercial Sale of Licensed Product in such country or (ii) until the last to expire patent containing a Valid Claim providing marketing exclusivity with respect to such Licensed Product.

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • Royalty Payment In partial consideration of the grant of rights to Schering by ICN under this Agreement, Schering shall pay ICN a royalty in the following amount:

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

  • Production Royalty The amount of the Royalty shall be determined at the end of each month after the Effective Date. The Royalty shall be determined monthly on the basis such that payments will be determined as of and paid within thirty (30) days after the last day of each month during which Lessee produces any Geothermal Resources. The Royalty rates shall be determined as follows:

  • Minimum Royalty At the beginning of each calendar year during the term of this Agreement, beginning January 1, 2016, Company shall pay to Medical School a minimum royalty of {***}. If the actual royalty payments to Medical School in any calendar year are less than the minimum royalty payment required for that year, Company shall have the right to pay Medical School the difference between the actual royalty payment and the minimum royalty payment in full satisfaction of its obligations under this Section, provided such minimum payment is made to Medical School within sixty (60) days after the conclusion of the calendar year. Waiver of any minimum royalty payment by Medical School shall not be construed as a waiver of any subsequent minimum royalty payment. If Company fails to make any minimum royalty payment within the sixty-day period, such failure shall constitute a material breach of its obligations under this Agreement, and Medical School shall have the right to terminate this Agreement in accordance with Section 8.3.

  • One Royalty No more than one royalty payment shall be due with respect to a sale of a particular Licensed Product. No multiple royalties shall be payable because any Licensed Product, or its manufacture, sale or use is covered by more than one Valid Claim.

  • 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

  • Minimum Royalties If royalties paid to Licensor do not reach the minimum royalty amounts stated in Section 3.3 of the Patent & Technology License Agreement for the specified periods, Licensee will pay Licensor on or before the Quarterly Payment Deadline for the last Contract Quarter in the stated period an additional amount equal to the difference between the stated minimum royalty amount and the actual royalties paid to Licensor.

  • Royalty 8.1 In consideration of the rights granted under clause 2, the Licensee shall pay to the Licensor royalties, on each twelve month time period, first calculated from the date of execution of this Agreement, and calculated on a scale as follows:

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