Royalty Percentage Clause Samples
Royalty Percentage. The Royalty Percentage for the Franchised Restaurant shall be [INSERT APPLICABLE PERCENTAGE].
Royalty Percentage. For good and valuable consideration, the receipt and sufficiency of which are acknowledged by the Parties, Obligor grants, sells, assigns and conveys to Royalty Holder, and its successors and assigns forever, a production royalty in an amount equal to two percent (2%) of the Net Smelter Returns (the “Royalty Percentage”), as hereinafter defined and computed, for all gold and other minerals of any type produced from the Properties, including all gold and other minerals of any type produced from dumps or stockpiles located on the Properties, from and after the Effective Date (the “Royalty”), subject to Section 1(b). No Buy Down. Obligor will not have the right to buy down all or any portion of the Royalty.
Royalty Percentage. Royalty payment shall equal the following percentages based on Buyer’s accounts receivables collected on the Net Sales as set forth on Schedule 10.2.2.
Royalty Percentage. For good and valuable consideration, the receipt and sufficiency of which are acknowledged by the Parties, Grantor grants, assigns, conveys and agrees to pay to the Administrative Agent for the benefit of Grantees, and their respective successors and assigns, forever, a Royalty equal to 1.0% of Net Smelter Returns (the "Royalty Percentage"), as hereinafter defined and computed, for all gold and other minerals of any type produced from the Royalty Property, from and after the Effective Date (the "Royalty"), subject to Section 1(b).
Royalty Percentage. For good and valuable consideration, the receipt and sufficiency of which are acknowledged by the Parties, Grantor grants, assigns, conveys and agrees to pay to Grantee, and its successors and assigns, forever, a Royalty equal to 2.5% of Net Smelter Returns (the "Royalty Percentage"), as hereinafter defined and computed, for all gold and other minerals of any type produced from the Royalty Property, from and after the Effective Date (the "Royalty"), subject to Section 1(b). For the purpose of clarity, the Royalty shall only apply to gold and other minerals of any type produced from the Royalty Property and not the underlying Mining Property on which the Royalty Property is located.
Royalty Percentage. For the term specified in Section 4.1(b), Metabolex shall pay to ▇▇▇▇▇▇▇ a running royalty equal to eight percent (8%) of Net Sales; provided, however, that the royalties owed to ▇▇▇▇▇▇▇ on Net Sales attributable to [*] shall [*] and [*]; provided, further, that the royalties owed to ▇▇▇▇▇▇▇ on Net Sales attributable to [*] shall not [*]. For the purpose of this Section 4.1(a), the [*] on Net Sales shall be equal to [*] plus [*] as a result of such Net Sales [*].
Royalty Percentage. Subject to the provisions of Section 4.3.1(b) Licensee shall pay Licensor royalties in an amount equal to the following percentage of Net Sales of Products by Licensee or its Related Parties:
(1) Four percent (4%) of worldwide Net Sales in the Territory in each Calendar Year if the Product contains an Licensor Compound (including any Combination Product that contains both a Licensee Compound(s) and an Licensor Compound); provided, that the sale of such Product would infringe a Valid Patent Claim in the country of sale; and [41] Licensee-friendly definition. Licensor may wish to receive royalties for Combination Products that include a Licensor Compound in combination with a Licensee Compound or a third party compound.
(2) Two percent (2%) of worldwide Net Sales in the Territory in each Calendar Year for those Products that contain a Licensee Compound; [42] This provision accounts for situations where Licensee produces a Licensee Compound that is not included in any of Licensor’s Patent Rights, but its process chemistry or use is covered by Licensor Patent Rights.
Royalty Percentage. In consideration of the licenses granted to Licensee herein, Licensee will pay to SZC royalties derived from Exploitation of the Licensed Products for each quarter of a given Revenue Year during the Term, the amount of which are calculated based on the Net Revenue multiplied by the applicable royalty percentage (the “Royalty Percentage”) as set forth in the table below: 3 Royalty Percentage First Revenue Year Second Revenue Year Third Revenue Year Fourth Revenue Year Fifth Revenue Year Extension Term First US$100 million of aggregate Net Revenue for a Revenue Year 12.5% 13% 13.5% 14% 14.5% 15% Portion of aggregate Net Revenue for a Revenue Year over US$100 million but less than US$150 million 13.5% 15% 15% 15% 15% 16.5% Portion of aggregate Net Revenue for a Revenue Year over US$150 million but less than US$200 million 15% 16.5% 16.5% 16.5% 16.5% 16.5% Portion of aggregate Net Revenue for a Revenue Year over US$200 million but less than US$300 million 18% 18% 18% 18% 18% 18% Portion of aggregate Net Revenue for a Revenue Year over US$300 million 20% 20% 20% 20% 20% 20% Notwithstanding the foregoing, if the aggregate Net Revenue for any Revenue Year exceeds US$325 million, then the Royalty Percentage for all periods after such Revenue Year shall be 20%. Licensee will pay all royalties after receipt of an applicable invoice for the royalties for such quarterly period as set forth in Section 6.b (Statements) below.”
Royalty Percentage. The percentage of Net Smelter Returns payable to Conquest as at any Calculation Date (the “Royalty Percentage”) pursuant to Section 2.1 shall be equal to one percent (1.0%).
Royalty Percentage. Atricure shall, subject to Section 4.4, pay to UST a royalty (the “Royalty”) equal to:
(a) Four percent (4%) of Net Sales during the Royalty Term.
(b) Subsequent to the expiration of the Royalty Term, no Royalty or other such payments shall be due to UST or any other Person in connection with the sale of HIFU Systems or Combination Products.
