Applicable Royalty Rate means the percentage rate or rates at which BMS shall pay royalties to CPI hereunder, determined on a calendar year-by-calendar year basis, as follows:
Applicable Royalty Rate shall have the meaning as set forth in Section 5.3(a).
Applicable Royalty Rate means [***].
Examples of Applicable Royalty Rate in a sentence
For each Licensee Product Sold by Licensee, the Applicable Royalty Rate is determined by assessing: Developer (Int.
More Definitions of Applicable Royalty Rate
Applicable Royalty Rate means and refers to the following percentages of the prevailing retail price but in no event more than the net royalty actually received and retainable by TAG for its own account with respect to the sale of any particular copies: 20% of 90% in respect of sound track records sold in the United States; 10% of 90% in respect of sound track records sold outside the United States except that as to sound track records sold pursuant to mail order or "club" plans, the royalty rate shall be one-half of the rate otherwise applicable. If any sound track records contain selections from other sources, the applicable royalty rate hereunder shall be prorated on the basis of the total number of minutes of selections from the sound track compared to the total number of minutes on such records. In determining the net royalty retainable by TAG, all royalties payable to artists, conductors and other third parties in respect to such sound track records shall be deducted from the aggregate royalty payable to TAG under the applicable distribution agreement.
Applicable Royalty Rate shall be calculated as follows: Applicable Rate Portion of Total Annual Net Sales: [***] Less than or equal to $5 million [***] > $5 million and less than or equal to $10 million [***] > $10 million and less than or equal to $15 million [***] > $15 million and less than or equal to $20 million [***] > $20 million [***] *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. [***]
Applicable Royalty Rate shall have the meaning given in Section 9.1.
Applicable Royalty Rate during any Fiscal Year shall be: ** For the avoidance of doubt, the first Fiscal Year hereunder shall commence on the Effective Date and end on the last Saturday in September of 2012.
Applicable Royalty Rate means (i) 20% of Net Proceeds in excess of $5 million and up to $10 million, (ii) 30% of Net Proceeds in excess of Ten Million and up to $15 million and (iii) 40% of Net Proceeds in excess of $15 million and up to $20 million. In determining the forgoing dollar break points, all Net Proceeds received from any Covered Capital Raising Transaction shall be added together on a cumulative basis.
Applicable Royalty Rate means the percentage based on the applicable portion of Annual Net Revenues and the Loans advanced, as set forth in the chart below, and calculated as follows: (a) if only the Tranche A Term Loans are funded pursuant to Section 2.01(a)(i), the percentage set forth in the applicable row of column 1, (b) if the Tranche B Term Loans are also funded pursuant to Section 2.01(a)(ii), the percentage set forth in the applicable row of column 2 or (c) if the Tranche D Term Loans are also funded pursuant to Section 2.01(a)(iv), the percentage set forth in the applicable row of column 3: Applicable Royalty Rate based on Annual Net Revenues 1. Only the Tranche A Term Loans are funded pursuant to Section 2.01(a)(i) 2. If the Tranche B Term Loans are also funded pursuant to Section 2.01(a)(ii) 3. If the Tranche D Term Loans are also funded pursuant to Section 2.01(a)(iv) Portion of Annual Net Revenues less than or equal to $75,000,000 2.00% 4.00% 4.50%
Applicable Royalty Rate means the percentage, which shall not be [*], negotiated in good faith by the parties.