Trademark Royalty. Argent shall pay Vertical a yearly royalty in the amount of [***] of its Net Sales of the Products in the Territory for the use of any Trademark(s) transferred pursuant Section 11.4 above on any of the Products (“Trademark Royalty”) and this shall be the only compensation, if applicable, that is to be paid by Argent to Vertical (or Optionee as defined in Section 11.6 below) with respect to the Products subsequent to the termination hereof. This obligation shall also apply to the Net Sales by any third party that has obtained rights from Argent to market the Products in the Territory and uses any of such Trademark(s) on any of the Products. For the avoidance of doubt, if such Trademark(s) are not used on the Products by Argent or any such third party, then no Trademark Royalty will be due Vertical hereunder.
Trademark Royalty. Distributor shall pay CAS (or its designees) the TM Royalty. Distributor’s gross receipts shall include the aggregate of all receipts, value or other consideration (including advances) irrevocably received by or credited to or irrevocably credited by way of offset to the account of Distributor derived from the exploitation of such Chosen-Branded Production (the “XX Xxxxx Receipts”). For clarity: (i) the TM Royalty shall accrue and be payable on every Chosen-Branded Production; (ii) TM Royalty amounts shall not be crossed against the TM Royalty for any other Chosen-Branded Production nor against any royalty or amount payable hereunder, including without limitation, any Program and (iii) Distributor shall bear all costs and expenses of the development, production, and distribution and marketing of any such Chosen-Branded Production and any Participations with respect thereto (“Distributor’s Derivative Production Costs”). Schedule Exceptions (attached hereto and incorporated by this reference) shall apply to certain programs and projects of Distributor or its affiliates, notwithstanding any provision hereof.
Trademark Royalty. No Royalty payments are contemplated in consideration of the Trademark License granted in Section 8.01.
Trademark Royalty. (A) As a royalty, LICENSEE shall pay to LICENSOR a sum equal to seven percent (7%) of Net Sales of the Licensed Products, except, as set forth in Paragraph 4.4 hereinbelow, the Trademark Royalty on Close-out goods shall be three percent (3%) (hereinafter “Trademark Royalty”) on a quarterly basis no later than the twentieth (20th) day of the month immediately following the quarter in which said Net Sales are made.
Trademark Royalty. Retrophin shall pay Mission a quarterly trademark royalty (“Trademark Royalty”) equal to […***…]. The Trademark Royalty will be paid in accordance with the provision of Section 11.2 below.
Trademark Royalty. If, in any Contract Year, West Marine fails to enroll the number of New BoatU.S. Members required to satisfy the Annual Goal for that Contract Year, then West Marine shall pay BoatU.S. a royalty for the trademark licenses granted in Section 8.1 above. The royalty shall be payable notwithstanding the level or amount of use of the Licensed Trademark by West Marine. The amount of royalty will be based on the percentage difference between the Annual Goal for that Contract Year and the number of New BoatU.S. Members enrolled by West Marine in that Contract Year, as follows: Percentage Below Annual Goal Royalty 0-15% $ 100,000 16-25% $ 200,000 26-60% $ 300,000 More than 60% $ 1,000,000 If West Marine terminates this Agreement pursuant to Section 15.2 as a result of a material breach by BoatU.S., West Marine shall not be required to pay any royalty under this Section 9.1D for the Contract Year in which the Agreement is terminated. If BoatU.S. terminates this Agreement pursuant to Section 15.2 as a result of a material breach by West Marine, West Marine will continue to pay the applicable royalty under this Section 9.1D for the Contract Year in which the Agreement is terminated and will pay the $1,000,000 royalty under this Section 9.1D for each subsequent Contract Year during the remainder of the 10-year term contemplated by Section 15.1.
Trademark Royalty. The Parties agree that none of the payments set forth in clauses 6.1, 6.2, 6.3 of the Agreement include license payments for the acquisition of license rights for Trademarks».
Trademark Royalty. Retrophin shall pay Mission a quarterly trademark royalty (“Trademark Royalty”) equal to twenty percent (20%) of Retrophin’s Net Sales of the Product. The Trademark Royalty will be paid in accordance with the provisions of Section 11.2 below. For clarity, this applies to all Net Sales under this Agreement, including, after the Fourth Amendment Effective Date, Net Sales worldwide.
Trademark Royalty. If a trademark owned by HMR is being used by VERTEX in connection with the sale of a Drug Product [**********] after termination, VERTEX shall pay to HMR a royalty of [*********************************** ******************************************] so long as the trademark is in use by VERTEX thereafter.
Trademark Royalty. The Licensee shall pay APR a continuing royalty equal to five percent (5%) of the Net Sales of the Products related to the use of the Trademark.
