Common use of Running Royalty Clause in Contracts

Running Royalty. As consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two percent (2.0%) of Net Sales. Earned royalties shall accrue in each country for the duration of Patent Rights in that country.

Running Royalty. As consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two percent (2.0%) of Net Sales. Earned royalties shall accrue in each country for the duration of Patent Rights or Regulatory Exclusivity in that country.

Running Royalty. As partial consideration for the license under this Agreement, Licensee shall pay to Licensor an earned royalty of two percent (2.0%) of Net SalesSales made by Licensee, its Affiliates, its Sublicensees or any other third party authorized by Licensee to sell Licensed Products or Licensed Methods. Earned royalties shall accrue from the first sale of a Licensed Product or Licensed Method in the Field of Use in each country for the duration of the Patent Rights or Regulatory Exclusivity in that country.