License Royalties definition

License Royalties has the meaning set forth in Section 3.2 of each Residual License Agreement.
Sample 1
License Royalties has the meaning given to that term in Section 5.1.
Sample 1
License Royalties. The meaning specified in the definition of License Payments.
Sample 1

Examples of License Royalties in a sentence

  • LONZA agrees to notify CLIENT before incorporating any Intellectual Property or modification into any Product or corresponding Process that would be subject to limitations on transfer and/or CMO License Royalties, and such Intellectual Property or modification will only be incorporated into such MPC Products and corresponding Processes upon prior written agreement of CLIENT.

  • Altera shall deduct such Further License Royalties from any payment obligations to Adesto under the Altera Agreement.

  • License Royalties receivable by Codexis from Arch will be subject to withholding tax and Arch shall withhold such tax at source as mandated by Applicable Law and deposit the same in the appropriate government account.

  • The License Royalties set forth in this Section 1.2 are subject to quarterly review by the Parties (or more frequently as may be requested by either Party) and may be modified upon the written agreement of both Parties.

  • For the avoidance of doubt, subject to compliance with this Section 5.13(a), the Seller Parties may create, incur, sell, issue, assume, enforce or suffer to exist any additional revenue interests (or similar economic equivalents) with respect to the Covered License Milestones, the Covered License Royalties or Net Sales of the Company Products without the consent of Purchaser.

  • SAP License Royalties and SAP Maintenance Royalties shall be together referred to as “SAP Royalties”.

  • The obligations of the Licensee to make reports, keep business records, and pay License Royalties under this License Agreement shall run in favor of any person or legal entity that is a successor in interest or assignee of the Licensor in respect to the Licensor's benefits under this License Agreement.

  • In the event that all of the claims of the Licensed Patent(s)covering a Licensed Product shall be held to be invalid or unenforceable by a final judgment of a court of last resort or a court from which no appeal is or can be taken, no License Royalties shall thereafter be payable on such Licensed Product, and, at Licensee's option, the Patent License shall be converted to a non-exclusive license.

  • In the event such an examination reveals that any of the reports submitted or payments made by Licensee to Licensor, as required under this Agreement, understated the License Royalties and/or Hosting and Support Fees by five percent (5%) or more, then Licensee shall, in addition to the payment of the additional License Royalties and/or Hosting and Support Fees determined by such examination, promptly pay to Licensor the reasonable cost of such examination.

  • Final Resolution: Motion CarriesYes: Rudy Cardenas, Jerry Hart, Romualdo Medina, Norma Sierra Galindo, Karla Sigmond, Steve Taylor, Louis Wong Action: 8.8 Resolution No. 15343: Agreement with SpectrumThe following was changed:The funding source is CTE Transitions and not General Fund.


More Definitions of License Royalties

License Royalties shall be the License Fee Rate (as defined below) multiplied times VIASOFT's actual, contractually agreed sublicense price to the End User or Sub-Distributor as applicable, for any Licensed Program, but not less than the amounts set forth in (iii) below. The "License Fee Rate" shall equal thirty percent (30%) until VIASOFT Royalties of $2,000,000 have accrued, and thereafter shall be twenty-five percent (25%), or the minimum royalty set forth in Section 4 (a) (iii) below, if higher. For purposes of determining the License Fee Rates for "New COBOL Maintenance Products", as defined in the following sentence, such License Fee Rates shall be the rates determined as Set forth above, provided that
Sample 1

Related to License Royalties

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

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

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • 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.

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

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Royalty means an interest in an oil and natural 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.

  • Sublicensing Revenue means all fees, royalties and other compensation paid to LICENSEE by any Sublicensee for performing any rights or licenses which are subject to this Agreement. If the compensation is other than cash, then the Sublicensing Revenue shall be the cash equivalent of such other than cash compensation.

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

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

  • Milestone Payments means, collectively, the Development Milestone Payments and Sales Milestone Payments.

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

  • Net Sales means [***].

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

  • 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.

  • License year means the period of time for which a

  • Royalty Rate means the percentage defined in Exhibit B.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Licensed producer means an agent, broker, or reinsurance intermediary licensed pursuant to the applicable provision of the insurance law of any jurisdiction.

  • 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.

  • Sublicense means any agreement to Sublicense.

  • Licensed Services means all functions performed by the Licensed System.

  • Licensee means a person licensed under this chapter.