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Other Royalties definition

Other Royalties means all running royalties which Mediwound or its Affiliate actually receive from a Sub-Licensee on a Sub-Licensee’s sales of Product.
Other Royalties shall have the meaning set forth in Section 7.1.4.

Examples of Other Royalties in a sentence

  • Except with the affirmative vote at a meeting duly called and held in accordance with the provisions of Article V hereof of the Record Date Unit Holders representing a majority of the Units outstanding on the Voting Record Date, the Trustee shall not agree to a dissolution of any Other Trust or (except when necessary to provide for the payment of specific liabilities of any Other Trust or the Trust) to the sale of all or any portion of the Other Royalties.

  • Concurrent with the delivery of the Sales report, Licensee will remit payment to Company for any Patent Royalties and Other Royalties due for such calendar quarter as described below.

  • Mediwound shall be entitled to retain all damages and other sums, so attained by it except for an amount equal to a 20% (twenty percent) royalty thereon as if the same were Other Royalties, after deduction of 50% (fifty percent) of Mediwound’s reasonable legal fees, experts fees and other expenses incurred in prosecuting such claim.

  • In no event, however, may the Trustee, except with the affirmative vote at a meeting duly called and held in accordance with the provisions of Article V hereof of the Record Date Unit Holders representing a majority of the Units outstanding on the Voting Record Date, agree to any such modification or settlement which would (1) alter the nature of any Other Royalties or (2) change the beneficiary of or the procedures for amending any Other Trust Agreement.

  • The Trustee may not sell or direct any Other Trustee to sell or otherwise dispose of all or any part of the Royalties, the Other Royalties or any Other Trust Interest for any consideration other than cash.

  • If such redesign is impossible or unreasonable such that DexCom is required to pay royalties to such third party ("Other Royalties") in order to offer such Licensed Product in commerce, the royalties payable by DexCom pursuant to Section 4.2 and 4.3 of this Agreement may be reduced by up to [*****] to offset payments by DexCom of Other Royalties, but in no event will the royalties payable by DexCom to SMTLLC be reduced by more than [*****] of the royalties otherwise due to SMTLLC for such Licensed Product.

  • Carbon Credit & Other Royalties EMS Forest, Alberta, Canada In January 2022, the Company, through its wholly-owned subsidiary Green Star Royalties Ltd.

  • Upon the terms and subject to the conditions of this Agreement, the Vendor agrees to sell, assign and transfer to the Purchaser, without representation or warranty of any kind as to title or otherwise except as set forth in Section 3.1, all of the Other Royalties that the Purchaser has elected to purchase.

  • The term of the Data Disclosure Agreement with respect to all other information subject thereto is hereby modified to expire on the earlier of (a) October 4, 2008 or (b) the Other Royalties Closing.

  • Other Royalties During the nine months ended September 30, 2013, the Company acquired a 1.0% NSR on the Paul Isnard goldproject (“Paul Isnard” or the “Paul Isnard Project”) which is located in French Guiana and owned by Columbus Gold Corp.


More Definitions of Other Royalties

Other Royalties shall have the meaning set forth in Section 7.3. 1.37 The term "OTHER PARTY AGREEMENTS" shall have the meaning set forth in Section 3.3. 1.38 The term "PATENT COSTS" shall mean the fees and expenses paid to outside legal counsel and experts, and filing, prosecution and maintenance expenses, incurred after the EFFECTIVE DATE in connection with the establishment and maintenance of rights under patents covering any LICENSED PRODUCT, including costs of patent interference, reexamination, reissue, opposition and revocation proceedings. 1.39 The term "PATENT RIGHT(S)" shall mean individually and collectively , GNE PATENTS, LKS PATENTS and JOINT PATENTS. 1.40 The term "PHASE III CLINICAL TRIAL" shall mean a pivotal clinical trial designed to demonstrate statistically whether the LICENSED PRODUCT is safe and effective for use in treating IBD in a manner sufficient to obtain REGULATORY APPROVAL. 1.41 The term "POST-APPROVAL DEVELOPMENT COSTS" shall mean all costs incurred after first REGULATORY APPROVAL of a LICENSED PRODUCT in the OPTION TERRITORY for any development activities related to such LICENSED PRODUCT or any subsequent LICENSED PRODUCT to be developed by the parties. POST-APPROVAL DEVELOPMENT COSTS in the OPTION TERRITORY for any post approval clinical trial shall include all expenses for compensation, benefits and travel and other employee-related expenses, as well as data management, statistical designs and studies, document preparation, and other expenses associated therewith. If additional indications or any new REGULATORY APPROVAL are sought for a LICENSED PRODUCT by the parties in the OPTION TERRITORY, POST-APPROVAL DEVELOPMENT COSTS shall include but are not limited to (i) all costs for research and development, including manufacturing, required to initiate and support clinical trials, (ii) costs of clinical studies for a LICENSED PRODUCT conducted internally or by individual investigators, or consultants directed toward obtaining and/or maintaining REGULATORY APPROVAL of a LICENSED PRODUCT for such additional indication in the OPTION TERRITORY, (iii) costs for preparing, submitting, reviewing or developing data or information for the purpose of submission to the FDA to obtain and/or maintain REGULATORY APPROVAL of a LICENSED PRODUCT for such additional indication or new indication in the OPTION TERRITORY, (iv) costs incurred after REGULATORY APPROVAL of a LICENSED PRODUCT in the OPTION TERRITORY in support of post-launch clinical studies for the L...
Other Royalties means the right, title and interest, if any, that was granted to the Vendor and/or KEC in, to, relating to or arising from the 2% net smelter royalties and the 1% net smelter royalties, as the case may be, with respect to the Other Concessions provided in (a) Section 4 of the Termination of Property Rights Agreement or (b) the contractos attached hereto as Schedule B.
Other Royalties means the Royalties not inclusive of the Alto Dorado Royalty;
Other Royalties but in no event shall any royalties payable to LKS under this Agreement be reduced by more than *.

Related to Other Royalties

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

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

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

  • 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.

  • 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.

  • 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.

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

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

  • 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.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Net Smelter Returns means the gross proceeds received by the Purchaser in any year from the sale of Product from the mining operation on the Property, less successively: (i) the cost of transportation of such Product to a smelter or other place of treatment, and (ii) smelter and treatment charges;

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Net Sales means [***].

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

  • Licence Fees the fees to be paid by the Licensee to HKEX-IS pursuant to clause 5.2.

  • Royalty Rate means the percentage defined in Exhibit B.

  • Sales Taxes means Alternative Revenues.

  • 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.

  • License year means the period of time for which a

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

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

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;