Per Unit Royalty definition
Examples of Per Unit Royalty in a sentence
In lieu of paying the required Per Unit Royalty Fee on an "as incurred" basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by any additional Authorized SEC Devices to be granted under a license of future Licensed System Addenda to be attached to the MTLA.
In consideration for the license granted herein, Licensee shall pay to ITC a Per Unit Royalty on each sale by Licensee of a Covered Subscriber Unit (exclusive of returns and credits, and exclusive of the Covered Subscriber Unit released, acquitted or discharged under Section 2.1).
Payment to Licensor of the Per Unit Royalty and/or the Cost Plus Royalty shall be made by Licensee within fifteen (15) days following receipt by Licensee or its sublicensee from a customer of any and all payments for Licensed Products.
Licensee shall provide Puma with a written report that reflects the facts or basis upon which the total Per Unit Royalties due was calculated and will clearly indicate applicable Per Unit Royalty rates that apply to different versions of Intellisync for RIM, if any, as noted in Exhibit B.
In lieu of paying the required Per Unit Royalty Fee on an "as incurred" basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by * Confidential treatment has been requested for portions of this exhibit.
In lieu of paying the required Per Unit Royalty Fee on an “as incurred” basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by any additional Authorized SEC Devices to be granted under a license of future Licensed System Addendum(a) to be attached to the MTLA.
Upon written notice from either party, not more frequently than once annually, the parties shall negotiate in good faith modifications to the Minimum Per Unit Royalty.
The Royalty due for each Product that contains Implementation(s) performing Task(s) that are licensed on a Per Unit Royalty basis equals the number of Copies of that Product Distributed multiplied by the Per Unit Fee for each Task performed by each Implementation contained in that Product.
Unit Volume Per Unit Royalty 1-5k $66.00 Thereafter $20.00 Payment of the royalties shall be made quarterly, shall be due forty-five (45) days following the end of Licensee's fiscal quarter to which they relate and shall be submitted with a written statement certifying the number of Products sold and showing the calculation of the royalties due.
By: /s/ Andrew House ▇▇: /s/ Sirus Ahmadi --------------------------------- -------------------------- Print Name: Andrew House ▇▇▇▇▇ ▇▇▇e: Sirus Ahmadi Title: Senio▇ ▇▇▇▇ ▇▇▇▇▇dent Title: President and CEO Date: September 14, 2000 Date: September 7, 2000 Exhibit A ROYALTIES Licensed Product Per Unit Royalty.