Common use of Running Royalty Clause in Contracts

Running Royalty. LICENSEE shall pay the LICENSOR running royalties as specified in Exhibit I Royalties, attached hereto and made a part hereof by this reference, for all sales, leases, licenses or other dispositions of Licensed Products. Such running royalties shall be payable to the LICENSOR as provided in Paragraph 5.4. No royalty will be paid for sale, lease, license or other disposition of any equipment that does not include any of the LICENSOR's Subject Technology or is not otherwise a Licensed Product.

Running Royalty. LICENSEE shall pay the LICENSOR running royalties as specified in Exhibit I - Royalties, attached hereto and made a part hereof by this reference, for all sales, leases, licenses or other dispositions of Licensed Products. Such running royalties shall be payable to the LICENSOR as provided in Paragraph 5.4. No royalty will be paid for sale, lease, license or other disposition of any equipment that does not include any of the LICENSOR's Subject Technology or is not otherwise a Licensed Product.