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Base Royalty definition

Base Royalty means the licensing fee to be paid to Microsoft as defined in this Amendment.
Base Royalty means a sum of money equivalent to the cumulative Royalties paid by Fuji Xerox to Xerox under the terms of the Amended 1999TA between the Parties during the period from April 1, 2005 through and including March 31, 2006.
Base Royalty means thirty million dollars ($30,000,000) per calendar year, which amount shall be adjusted in accordance with the GDP Deflator every five (5) calendar years, compounded annually, starting January 1, 2021.

Examples of Base Royalty in a sentence

  • If Publisher does not submit a Royalty Tier Selection Form as required hereunder, the Base Royalty for such Software Title will default to Tier 1, regardless of the actual Threshold Price.

  • Publisher will not have to pay a Base Royalty for such samples nor will such samples count towards the Unit Discount in Section 3 of this Amendment.

  • Royalties on Net Sales at the rates set forth in this Section 5.3.1(a) shall accrue as of the date of First Commercial Sale of Product in the applicable country and shall continue and accrue on Net Sales on a country-by-country basis until the expiration of the Base Royalty Term in such country.

  • All other applicable terms and conditions of this Agreement, including, without limitation, the requirement to pay all fees (other than the Base Royalty) shall remain in place and be applicable during the Tail Period.

  • In such event, with respect to any change in the territorial rights that are materially adverse to Vistana or a material decrease in revenue of the Licensed Business that are directly attributable to such termination, the Base Royalty shall be equitably adjusted to take into account the termination of the provisions of this Agreement and the license as to the portions of the Territory that include the European Union.


More Definitions of Base Royalty

Base Royalty means the lessor’s royalty reserved in the Leases
Base Royalty means a running royalty of [*] of Net Sales, provided, however, that if at any time Licensee notifies Licensor pursuant to Section 7.2 that Licensee is terminating its obligation to provide the Additional R&D Payments provided for in Section 7.1, or Licensee is other wise no longer obligated to make such Additional R&D Payments, the Base Royalty shall at all times be [*] of Net Sales.
Base Royalty means fifty million dollars ($50,000,000) per calendar year, which amount shall be adjusted by fifty percent (50%) of the GDP Deflator every 5 calendar years, compounded annually, starting the fifth (5th) anniversary of the Effective Date (it being understood that, on November 19, 2016, which is the fifth anniversary of the Effective Date, the Base Royalty was increased to$51,875,650), provided that such adjusted amount shall be reduced by three million dollars ($3,000,000) per calendar year for so long as the Vistana Exclusive Rights Exception is in effect (with such three million dollar ($3,000,000) reduction prorated for any partial calendar year).
Base Royalty means the licensing fee to be paid to Microsoft that is based on a combination of: i. the Wholesale Price (for North America and Europe) or the Suggested Retail Price (for Japan) of an FPU; ii. the Manufacturing Region (as defined in Section 7.1.4.1 of the Agreement, as restated below); and iii. the Sales Territory (as defined in Section 7.1.4.1 of the Agreement, as restated below). Base Royalty is further defined in Section 7.1.4.1.
Base Royalty. Shall have the meaning given in paragraph 1 of Exhibit B of this Agreement.
Base Royalty means the base royalty fee of Five Hundred Dollars ($500) per month that you must pay to us as detailed in Section 5.2(b) of this Agreement.
Base Royalty means, for any Software, the list price or license fee, as the case may be, for such Software as set forth on Schedule B.