ROYALTY PROVISION Sample Clauses

ROYALTY PROVISION. (a) Royalties shall be paid by Licensee to King on all Products sold by Licensee, even if not invoiced or billed (such as introductory offers, samples, promotions and the like in excess of commercially reasonable quantities to prospective customers, and sales to affiliates, associates or subsidiaries of Licensee), and shall be based upon Licensee's usual Gross Wholesale Price for such Products during the period sold.
Sample 1
AutoNDA by SimpleDocs
ROYALTY PROVISION. A. In conformance with applicable rules and regulations of the U.S. Minerals Management Service (MMS). AmeriCulture shall establish a Payor Account for geothermal royalties due and payable. Such royalty payments shall comply with computational methods and dollar amounts as stipulated by the MMS for all geothermal production used for beneficial purposes from AmeriCulture’s operation on Federal Lease NM 34790.
Sample 1
ROYALTY PROVISION. (a) Royalties shall be paid by Licensee to BV on all Products shipped by Licensee, even if not invoiced or billed (such as introductory offers, samples and the like in excess of commercially reasonable quantities to prospective customers and sales to affiliates, associates of subsidiaries of Licensee), and shall be based upon Licensee’s Gross Wholesale Price (as defined in the Paragraph 7(b) of the Basic Provisions to this Agreement) for such Products sold during the period. (b) Licensee shall pay to BV on execution of this Agreement, the applicable amounts (“Advance”) specified in the Basic Provisions of the Agreement unless an alternate payment date is stated in the Basic Provisions. 3.
Sample 1
ROYALTY PROVISION. (a) Royalties shall be paid by Licensee to BV on all Products shipped by Licensee, even if not invoiced or billed (such as introductory offers, samples and the like in excess of commercially reasonable quantities to prospective customers and sales to affiliates, associates of subsidiaries of Licensee), and shall be based upon Licensee’s Gross Wholesale Price (as defined in the Paragraph 7(b) of the Basic Provisions to this Agreement) for such Products sold during the period.
Sample 1
ROYALTY PROVISION. The Parties hereby agree to the following Royalty Provision. Buyer or any of Buyer's subsidiaries or agents, or Maseco Denmark after completion of this transaction, agrees to pay JC Holdings ApS a total payment ("Royalty") equal to twelve and a half percent (12.5%) of each sale of: (i) TagNet; (ii) related mobile logistics device; and/or (iii) mobile logistics related service. JC Holdings ApS shall be responsible for the disbursement of the Royalty to any and all parties entitled to such payment and shall indemnify Maximum Dynamics, Inc. from any misappropriation of funds by JC Holdings ApS. Should the above listed Selling Shareholders transfer their rights in part or in full to another individual or entity, the royalty percentage shall not be amended. The total royalty payments to be disbursed shall not exceed more than twelve and a half percent (12.5%) of the amount of the sale. The Royalty Provision shall continue for as long as Maximum Dynamics holds an eighty nine percent (89%) or greater ownership of Maseco Denmark and the rights to the Intellectual Property set forth above. _______________________________________________________________________
Sample 1

Related to ROYALTY PROVISION

  • License of Data; Warranty; Termination of Rights A. The valuation information and evaluations being provided to the Trust by USBFS pursuant hereto (collectively, the “Data”) are being licensed, not sold, to the Trust. The Trust has a limited license to use the Data only for purposes necessary to valuing the Trust’s assets and reporting to regulatory bodies (the “License”). The Trust does not have any license nor right to use the Data for purposes beyond the intentions of this Agreement including, but not limited to, resale to other users or use to create any type of historical database. The License is non-transferable and not sub-licensable. The Trust’s right to use the Data cannot be passed to or shared with any other entity. The Trust acknowledges the proprietary rights that USBFS and its suppliers have in the Data.

  • Non-Exclusivity; Survival of Rights; Subrogation (a) The rights of indemnification and advance of Expenses as provided by this Agreement shall not be deemed exclusive of any other rights to which Indemnitee may at any time be entitled under applicable law, the charter or Bylaws of the Company, any agreement or a resolution of the stockholders entitled to vote generally in the election of directors or of the Board of Directors, or otherwise. Unless consented to in writing by Indemnitee, no amendment, alteration or repeal of the charter or Bylaws of the Company, this Agreement or of any provision hereof shall limit or restrict any right of Indemnitee under this Agreement in respect of any action taken or omitted by such Indemnitee in Indemnitee’s Corporate Status prior to such amendment, alteration or repeal, regardless of whether a claim with respect to such action or inaction is raised prior or subsequent to such amendment, alteration or repeal. No right or remedy herein conferred is intended to be exclusive of any other right or remedy, and every other right or remedy shall be cumulative and in addition to every other right or remedy given hereunder or now or hereafter existing at law or in equity or otherwise. The assertion of any right or remedy hereunder, or otherwise, shall not prohibit the concurrent assertion or employment of any other right or remedy.

Time is Money Join Law Insider Premium to draft better contracts faster.