Volume Adjustments. Royalty payments due Tessera hereunder shall be adjusted by multiplying Licensee’s total base royalty calculated under Paragraph B. above, by a [*] ([*]) until Licensee has paid Tessera [*] US Dollars (US$[*]) in aggregate royalties, and then by a [*] ([*]) until Licensee has paid Tessera an additional [*] US Dollars (US$[*]) in royalties. Discount for prepayment: At any time, Licensee may elect to pay Tessera [*] US Dollars (US$[*]) in lieu of any such Volume Adjustments, in which event said Licensee shall notify Tessera and tender such payment and henceforth pay royalties at the lowest level (as set forth in Paragraph III.B., above).
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Samples: Tcc® License Agreement (Tessera Technologies Inc), TCC License Agreement (Tessera Technologies Inc)
Volume Adjustments. Royalty payments due Tessera hereunder shall be adjusted by multiplying Licensee’s 's total base royalty calculated under Paragraph B. above, by a [*] ([*]) until Licensee has paid Tessera [*] US Dollars DOLLARS (US$[*]) in aggregate royalties, and then by a [*] ([*]) until Licensee has paid Tessera an additional [*] US Dollars DOLLARS (US$[*]) in royalties. Discount for prepaymentDISCOUNT FOR PREPAYMENT: At any time, Licensee may elect to pay Tessera [*] US Dollars DOLLARS (US$[*]) in lieu of any such Volume Adjustments, in which event said Licensee shall notify Tessera and tender such payment and henceforth pay royalties at the lowest level (as set forth in Paragraph III.B., above).
Appears in 1 contract
Samples: TCC License Agreement (Tessera Inc)
Volume Adjustments. Royalty payments due Tessera hereunder shall be adjusted by multiplying Licensee’s total base royalty calculated under Paragraph B. III.B. above, by a factor of [*] ([*]) until Licensee has paid Tessera [*] US Dollars (US$[*]) in aggregate royalties, and then by a factor of [*] ([*]) until Licensee has paid Tessera an additional [*] US Dollars (US$[*]) in royalties. Discount for prepaymentPrepayment: At any time, Licensee may elect to pay Tessera [*] US Dollars (US$[*]) in lieu of any such Volume Adjustments, in which event said Licensee shall notify Tessera and tender such payment and henceforth pay royalties at the lowest level (as set forth in Paragraph III.B., above)) without any such Volume Adjustments.
Appears in 1 contract
Samples: Patent License Agreement (Tessera Technologies Inc)
Volume Adjustments. Royalty payments due Tessera hereunder shall be adjusted by multiplying Licensee’s total base royalty calculated under Paragraph B. III.B. above, by a factor of [*] ([*]) until Licensee has paid Tessera [*] US Dollars (US$[*]) in aggregate royalties, and then by a factor of [*] ([*]) until Licensee has paid Tessera an additional [*] US Dollars (US$[*]) in royalties. Discount for prepaymentPrepayment: At any time, Licensee may elect to pay Tessera [*] US Dollars (US$[*]) in lieu of any such Volume Adjustments, in which event said Licensee shall notify Tessera and tender such payment and henceforth pay royalties at the lowest level (as set forth in Paragraph III.B., above).and
Appears in 1 contract
Samples: Patent License Agreement (Tessera Technologies Inc)