Acquired Royalty Payments definition

Acquired Royalty Payments means the royalty payments tied to certain patents owned by Depomed Inc., which royalty payments were acquired by the Borrower through the Acquisition.
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Acquired Royalty Payments has the meaning specified in Section 2.1(a);
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Acquired Royalty Payments means the First Stream Royalty Payments together with the Second Stream Royalty Payments;
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Examples of Acquired Royalty Payments in a sentence

  • If Assignor proposes to enter into a further assignment or sale transaction similar in nature to the transactions contemplated by this Agreement in respect of any Royalties other than the Acquired Royalty Payments, Assignee shall have a right of first refusal and a right of last offer in respect of any such further transactions.

  • During the Term, Assignor shall cause its business and other activities with respect to the Acquired Royalty Payments, the License Agreement, the Patents, the Products and the Know-How to be carried on in the ordinary course, consistent with past practice and shall not take or permit to be taken any action that will have a material adverse effect on the Products.

  • Assignor has conducted and is conducting its business in compliance with all Applicable Laws, and is not in violation of any Applicable Laws, except for violations which do not or will not (either individually or in the aggregate) adversely affect in any material respect the Acquired Royalty Payments, the License Agreement, the Patents, the Products or Assignor’s ability to perform its obligations under this Agreement.

  • The Acquired Royalty Payments have been obtained free and clear of any material claims or encumbrances by any third party.

  • The term of this Agreement (the “Term”) shall commence as of the Effective Date and, subject to the Closing, shall continue until the date of receipt by Assignee of all the Acquired Royalty Payments and all the Reports in respect of the Acquired Royalty Payments.

  • There is not presently outstanding against Assignor any judgment, decree, injunction, order or award of any court, Governmental Agency or arbitrator that has, or could have, a material adverse effect on the Acquired Royalty Payments, the License Agreement, the Patents or the Products or such Party or its business or property.

  • Assignor has disclosed to Assignee all third party patents relevant to the Acquired Royalty Payments for which Assignor has requested a legal opinion concerning validity or non-infringement.

  • The term (the “Term”) of this Agreement shall commence as of the Effective Date and shall continue until the date of receipt by Assignee of all Acquired Royalty Payments, including the Acquired Royalty Payment for the quarterly period ending on and including December 31, 2011 and the receipt by Assignee of all Reports in respect of Acquired Royalty Payments.

  • Neither Licensee nor Assignor has waived any rights or defaults under the License Agreement that would adversely affect in any material respect the Acquired Royalty Payments, the License Agreement, the Patents, the Products or the Know-How and no event has occurred which, after the giving of notice or the lapse of time or both, would constitute a material default or breach by Assignor or, to the knowledge of Epoch, by the Licensee of the License Agreement.

Related to Acquired Royalty Payments

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Royalty Report has the meaning set forth in Section 6.3(a).

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Net Sales means [***].

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Gross Sales means the sum total of all retail sales of tangible personal property or services as

  • Third Party Payments means the payment made through instruments issued from an account other than that of the beneficiary investor mentioned in the application form. However, in case of payments from a joint bank account, the first named applicant/investor has to be one of the joint holders of the bank account from which payment is made.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Net Revenues means revenues less related expenses, including

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.