Common use of Running Royalty Clause in Contracts

Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services sold by Licensee or its sublicensees. Licensee will pay running royalties when the amount of the running royalties is greater than the Annual Maintenance Fee in a given calendar year per Article 3.07.

Running Royalty. At the times and in the manner set forth in this License Agreement, Licensee must pay to NCSU a royalty equal to ______two and one-half percent (2.5%) of the Net Sales of Licensed Products/Product and/or Licensed Services sold Sold by Licensee or its sublicensees. Licensee will pay running royalties when the amount of the running royalties is greater than the Annual Maintenance Fee in a given calendar year per Article 3.07sublicensee.

Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services sold by Licensee or its sublicensees. Licensee will pay running royalties when the amount of the running royalties is greater than the Annual Maintenance Fee in a given calendar year per Article 3.07Sublicensees.

Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services Products sold by Licensee or its sublicensees. Licensee will pay running royalties when the amount of the running royalties is greater than the Annual Maintenance Fee in a given calendar year per Article 3.07Sublicensees.