Sales Royalty Sample Clauses

Sales Royalty. Agway will pay Planet an on-going Sales Royalty on Net Sales and Revenues from sales of Products (the "Sales Royalty") as follows: (1) Sales Royalty amounts calculated and determined to be due to Planet pursuant to this Section 6a(iii) shall be payable for the term of 15 years immediately following the later of (a) the Effective Date; or (b) the date the patent relating to the Product is issued ("Royalty Termination Date"). No Sales Royalty shall be calculated or become due on Net Sales and Revenues received by Agway after the Royalty Termination Date. (2) Sales Royalty amounts shall be calculated based on annual Net Sales and Revenues by applying the following percentage to Net Sales and Revenues for each of Agway's Full Fiscal Years commencing July 1, 2003, and ending on the Royalty Termination Date:

Sales Royalty. The Sales Royalty will be an amount equal to: *** on Net Sales up to the first *** achieved in each Contract Year, then *** on Net Sales over *** achieved in such Contract Year *** ***

Sales Royalty. Vendor shall pay to Company royalties equal to [---------]8 on all Net Sales (the “Sales Royalty”).

Sales Royalty. 9.1 In consideration of both the license granted and the design services to be performed by Licensor hereunder, Licensee shall pay to Licensor a Sales Royalty equal to percent ( %) of "Net Sales." 9.2 For purposed hereof, "Net Sales" shall be deemed to mean the invoiced and/or shipped amount of Articles (and Products to which the Licensed ▇▇▇▇ is not affixed and Articles from which the Licensed ▇▇▇▇ has been removed in accordance with the provisions of paragraph 12.2 below) sold by Licensee or any of its affiliates, less customary trade discounts actually earned and taken by customers (but not other discounts for prompt payment, such as "anticipation" discounts) and returns for damaged or defective merchandise for exchange only. No deduction shall be made for other discounts, uncollectible accounts or costs incurred by Licensee. Sales of Articles made other than in arm's length transactions shall be deemed to have been made at the regular wholesale price thereof. 9.3 The Sales Royalty hereunder shall be accounted for and paid quarterly within thirty (30) days after the close of each three (3) month period during the term of this Agreement (or portion thereof in the event of prior termination for any reason), except that the first such accounting and payment shall be for the period commencing on the date hereof and ending on December 31, 1993. The Sales Royalty payable for each accounting and payment period during each Annual Period shall be computed on the basis of Net Sales during such Annual Period, with a credit for any Guaranteed Minimum Royalty and Sales Royalty payments therefore made to Licensor for said Annual Period. Returns shall be accounted for (i.e., deductions for returns shall be made) in the accounting and payment period in which the return is received (as opposed to the period in which the original sale was accounted for). 9.4 No payment of Sales Royalty for any Annual Period in excess of payments of Guaranteed Minimum Royalty for the same Annual Period shall be credited against the Guaranteed Minimum Royalty due to Licensor for any other Annual Period. 9.5 Net Sales shall not include sales to the ▇▇▇▇▇' ▇▇▇▇▇▇ retail stores controlled and operated by Licensor.

Sales Royalty. In consideration of the license granted hereunder, Licensee shall pay to Licensor the following royalties on all Net Sales (the "Sales Royalty"): (a) for Mass Market Products: _______* percent of Net Sales; and (b) for Prestige Products: _______* percent of Net Sales.

Sales Royalty. A. For each Annual Period of this Agreement and all Renewal Terms, if any, Sublicensee shall pay to Licensor a Sales Royalty as follows: (i) On the first two and one-half million of Net Sales, a Sales Royalty of two percent (2%); (ii) On the second two and one-half million of Net Sales, a Sales Royalty of two and one-half percent (2.5%); (iii) On Net Sales in excess of five million, a Sales Royalty of two percent (2.0%). Notwithstanding the foregoing, there shall not be any Sales Royalty payable with respect to Net Sales during the period March 28, 2003 through December 31, 2003. B. The Sales Royalty hereunder shall be accounted for and paid within forty-five (45) days after the close of each Annual Period and shall be computed on the basis of Net Sales during such Annual Period, with a credit to Sublicensee for any Guaranteed Minimum Royalty made to Licensor for said Annual Period. C. The applicable Sales Royalty shall be accounted for and paid solely on Net Sales made by Sublicensee, either directly or indirectly, by or through its Affiliates, Subsidiaries or Related Parties to an entity not "owned", "controlled", or "substantially controlled," by Sublicensee, its Affiliates, Subsidiaries, or Related Parties.

Sales Royalty. 26 10. Sign on Fee ......................................................... 26 11. Statements and Financial Information and Covenants .................. 27 12. Effect of Expiration or Termination ................................. 30 13.

Sales Royalty. 9.01. In consideration of the license granted by Licensor hereunder, Licensee shall pay to Licensor for all Net Sales occurring from Effective Date until December 31, 2011, a sales royalty equal to: (1) [---------]62 of all net Wholesale Sales (the “Wholesale Sales Royalty”) and (2) [---------]63 of all net Ex Factory Sales (the “Ex Factory Sales Royalty”), provided that for all Net Sales occurring after December 31, 2011 until December 31, 2013 and throughout the Extension Term ending on December 31, 2018, if applicable, the Wholesale Sales Royalty shall be equal to [---------]64 of all net Wholesale Sales and the Ex Factory Sales Royalty shall be equal to [---------]65 of all net Ex Factory Sales (the Wholesale Sales Royalty and the Ex Factory Sales Royalty together shall be the “Sales Royalty”). 9.02. Licensee shall account for and pay the Sales Royalty to Licensor for each Accounting Period within [---------] 66 from the last business day of each Accounting Period throughout the Term or any Extension Term, if applicable, which shall be the greater of: (1) [----------]67 of the Guaranteed Minimum Royalty or (2) the actual Sales Royalty computed on the basis of Net Sales during the Accounting Period; provided, however, that for each Year, the aggregate of Accounting Period payments will equal the greater of (1) the Guaranteed Minimum Royalty or (2) the actual Sales Royalty computed on the basis of Net Sales during the Year. 57 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.57. 58 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.58. 59 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.59. 60 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.60. 61 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.61. 62 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.62. 63 Confidential information omitted and filed separately with the SEC with a request for confidential treatment by Inter Parfums, Inc. No. 10.132.63. ...

Sales Royalty. (a) In each Annual Period, Licensee shall pay to Licensor a Sales Royalty as a percentage of "Net Sales" (as defined below) as follows: for ▇▇▇▇▇▇▇ ▇▇▇▇ new york Brand Products, ***** percent (**%) of Net Sales; for Reaction ▇▇▇▇▇▇▇ ▇▇▇▇ Brand Products, ***** percent (**%) of Net Sales up to and including $*****, and ***** percent (**%) of Net Sales greater than $*****. (b) At the time Licensor approves retail outlets for sales of Articles pursuant to Paragraph 4.5 above, Licensor in its sole discretion shall designate such outlets as "approved retail outlets" or as "approved off-price outlets." If actual Net Sales to approved off-price outlets (excluding ▇▇▇▇▇▇▇ ▇▇▇▇ outlets) exceed ***** percent (**%) of Licensee's total actual Net Sales of men's outerwear or ***** percent (**%) of Licensee's total actual Net Sales women's outerwear in the first Annual Period or if actual Net Sales to approved off-price outlets (excluding ▇▇▇▇▇▇▇ ▇▇▇▇ outlets) by gender exceed ***** percent (**%) of Licensee's total actual Net Sales by gender in any Annual Period thereafter, Licensee shall be deemed to be in default for purposes of Paragraph 13.1