Monthly Royalties definition

Monthly Royalties shall have the meaning set forth in the IUA.
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Examples of Monthly Royalties in a sentence

  • Augmentor has already been shown to have large potential utility for enhancing the workflow of clinicians using Dynamika for image analysis in randomised clinical trials.

  • In the case of NACEPF and the ITF Cluster the Economic Royalties are comprised of an Upfront Royalty, an Equity Royalty and Monthly Royalties and, in the case of the remaining Licensees, the Economic Royalties are comprised of an Upfront Royalty and Monthly Royalties (collectively, the "EBS Economic Royalties").

  • ADB assistance will support initiatives of the strategy during next few years by helping Georgia address road safety issues during the extensive period of construction activities on the EWH, including rehabilitation of the parallel secondary road.

  • In the event that the FCC subsequently approves the de facto transfer of this Agreement, the application of the Upfront Royalty Deposit hereunder to those Licensee's First Grant IUAs shall be reversed to the extent that it has not been applied in payment of "Upfront Royalties" or "Monthly Royalties" due such Licensee's First Grant IUAs and shall be a permanently vested and non-refundable portion of the Upfront Royalty.

  • On the later of (A) August 31 next following the Effective Date and (B) August 31, 2012, and on each anniversary of such later date (an "ADJUSTMENT DATE"), the Monthly Royalties shall be increased by multiplying each Monthly Royalty, as it may have been previously adjusted pursuant to this clause (i), by the sum of (X) one plus (Y) the Adjustment Factor, as defined below in this section.

  • Options exercised more than three months after termination of employment (12 months in the case of a Disabled Employee) shall not qualify as Incentive Stock Options for purposes of Section 422 of the Code.

  • Company agrees to pay Novell Monthly Royalties (as --------------- set forth in the ICSP Price List) for each User of each Novell Software shipped to Company hereunder.

  • Notwithstanding the foregoing, if the Monthly Royalties payable for the period from November 1 - May 31 of any License Year do not exceed the Guaranteed Royalty payable for the same period, GRANTEE shall not be obligated to render its first such statement for that License Year until July 31 of that License Year, and such statement shall encompass all Net Sales and royalties from the preceding November 1 through the preceding June 30.

  • If the Chromium patent does not prove to be a superior form of Chromium, Minimum Monthly Royalties will not be due.

  • Licensee's failure to timely pay a Minimum Monthly Royalty in a month in which it is due shall be deemed a material breach as set forth in Section 9.1. In no event shall the aggregate Minimum Monthly Royalties due in any rolling twelve (12) month period exceed CAD$72,000.

Related to Monthly Royalties

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

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

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

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

  • 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.

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

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

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

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

  • 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.

  • 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.

  • 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.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Sublicense Revenues means [***].

  • 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 means [***].

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • 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.

  • Net Revenues means revenues less related expenses, including

  • Sublicense Revenue means [***].

  • Gross Profits means the gross profits calculated under section 4;

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Monthly Fees means, collectively, [INSERT FOR HFS: the Monthly Food and Beverage Fee,] the Monthly Program Fee and the Monthly Royalty Fee, each of which is set forth in the Addendum. [INSERT FOR HFS: “Monthly Food and Beverage Fee” means the fee we require from you in Subsection 8.2, which is set forth in the Addendum.]

  • 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.

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • 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).