Base Royalty Rate definition

Base Royalty Rate has the meaning set forth in Section 8.4(b).

Base Royalty Rate means the Royalty Rate specified for Net Sales of Patented Product under Section 3.3(a)(i).

Base Royalty Rate means the royalty rates provided in Part SECOND: B (i) and (ii) of the Publishing Agreement. Mail Order Sales

Examples of Base Royalty Rate in a sentence

• Table 3 shows how the cost-recovery limit increases the effective royalty rate that applies before pay-out.44 Table 3: Effective Royalty Rate before Pay-out using Cost Recovery Limit Base Royalty Rate The first four rows of Table 3 show how increasing the cost recovery limit decreases the effective royalty rate that applies before pay-out.

• Such Base Royalty Rate may increase or decrease based on the prior three calendar month’s shipments in accordance with the Royalty Rate Schedule below.

• Final Royalty Rate Shall be a Variable-Rate Royalty.(1) After applying the appropriate Royalty Rate Deductions to the Base Royalty, the Final Royalty Rate shall be established upon application of the Royalty Rate Deductions to the Base Royalty Rate.

• Subject to Royalty Rate Deductions as provided for in these rules, the Base Royalty Rate for Lithium Carbonate shall be% of gross sale proceeds for each short ton of Lithium Carbonate extracted, produced, processed, and sold from Great Salt Lake water or brines.

• Subject to Royalty Rate Deductions as provided for in these rules, the Base Royalty Rate for Lithium Hydroxide shall be % of gross sale proceeds for each short ton of Lithium Hydroxide extracted, produced, processed, and sold from Great Salt Lake water or brines.

• In such case, the employment contract shall not be automatically extended during the period leading up to the birth.

• For all lithium related exploration, extraction, processing, production, and sales, the division determines Lithium Carbonate is the First Marketable Product to which the Base Royalty Rate attaches.

• The base rate must be determined from the Base Royalty Rate Table which is found in Exhibit A and which is made a part of this lease.

More Definitions of Base Royalty Rate

Base Royalty Rate is defined, with respect to various levels of Net Sales in each Fiscal Year, as the applicable rate set forth in the following table: Confidential information redacted and filed separately with the Commission. Base Royalty Rate Net Sales During Fiscal Year ----------------- ---------------------------- [***]. [***]. In the event that Licensed Products are sold in the form of Combination Products, Net Sales for the purpose of determining Running Royalties on such Combination Products shall be calculated by multiplying actual Net Sales of such Combination Products by the fraction A/(A+B) where "A" is the invoice price of the Licensed Products if sold separately by MSC, and "B" is the total invoice price of any other product or products in the combination, if sold separately by MSC or an Affiliate. If, on a country-by-country basis, the Licensed Products are not sold separately, "A" shall be the invoice price charged for similar products sold in the Field by MSC or an Affiliate and "B" shall be the invoice price of the other product or products sold in the Field by MSC or an Affiliate. If on a country-by-country basis the other product or products in the combination are not sold separately in said country by MSC or an Affiliate, Net Sales, for the purpose of determining Running Royalties on the Combination Products shall be calculated by multiplying actual Net Sales of such Combination Products by the fraction A/C, where "A" is the invoice price of the Licensed Products if sold separately by MSC or an Affiliate, and "C" is the invoice price of the Combination Product by MSC or an Affiliate. If on a country-by-country basis neither the Licensed Products nor the other product or products in the Combination Product is sold separately in said country by MSC or an Affiliate, Net Sales, for purposes of determining Royalties Royalties on the Combination Products, shall be calculated as if the Licensed Products and other product or products in the combination had been sold in the United States by MSC so that the fraction A/(A+B), as defined above, shall be multiplied by the actual Net Sales of the Combination Product in such country to determine Net Sales for calculation of the royalty.

Base Royalty Rate means the rate of royalty that would otherwise be payable by Kyokuto to Autogen but for the provisions of this clause 21.

Base Royalty Rate shall be as defined in clause 6.5.

Base Royalty Rate means a rate for XXXXX’s upstream royalty obligation to CSL and other upstream licensors based on global Annual Net Sales, calculated by dividing (i) the total amount of royalty payment by XXXXX produced by the different rates according to ascending levels of global Net Sales in any year, by (ii) the total amount of such Net Sales, resulting in a single aggregated royalty rate for the totality of such Net Sales. In order for ZENYAKU to make an assessment of whether the Base Royalty Rate should be substituted in place of the Effective Royalty Rate as the rate for calculating royalties on Annual Net Sales, as above, it shall make a calculation after the fourth Quarter of each calendar year, based on Annual Net Sales over the whole of that year. If and to the extent that the Base Royalty Rate applies, this shall be reflected in the royalty payment for the fourth Quarter of the relevant calendar year.

Base Royalty Rate means the royalty rate established, by the division, for an Applicant before any Royalty Rate Deductions are applied.

Base Royalty Rate means the royalty rate established, by the division, for a Great Salt Lake Element or Mineral before any Royalty Rate Reductions are applied.