Percentage Royalty definition

Percentage Royalty shall have the meaning set forth in Section 7.1 hereof.

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Percentage Royalty means, in respect of each Contract Year, the amount equal to four percent (4%) of the Net Sales Price, and, in case the Net Sales Price in a Contract Year exceeds one and billion US Dollars, three point five percent (3.5%) of the excess part of Net Sales Price.

Percentage Royalty means an amount equal to four percent (4%) of Adjusted Gross Sales collected per Year on a per Restaurant basis.

Examples of Percentage Royalty in a sentence

No Percentage Royalty shall be due from Licensee in respect of any such sales to Licensor at the prices set forth in the preceding sentence.
All sales pursuant to this Section shall be made subject to all of the provisions of this Agreement and to a timely accounting for and the payment of the Percentage Royalty thereon.
In the event of any sublicense, Videocon shall ensure that such Sublicensee pays to CopyTele the Percentage Royalty as set forth in Exhibit E.
Royalties shall be payable based on the invoicing of all Products, whether to third parties or to any Videocon Group Company, whether by Videocon or by any other Videocon Group Company, and whether or not for captive consumption by Videocon, at the Percentage Royalty rate as set forth in Exhibit E.
The statement for the final quarter of each Contract Year also shall include a calculation of total Net Sales (separately setting forth the amount deducted therefrom in respect of each of the items (a) through (c) listed in the definition of Net Sales) and the Percentage Royalty for the preceding Contract Year.

More Definitions of Percentage Royalty

Percentage Royalty shall have the definition given that term in Paragraph 5.3.

Percentage Royalty means a royalty equal to fifteen percent of Net Sale of Licensed Devises during each Contract Year by Licensee.

Percentage Royalty means the following percentage, dependent on the period in which such purchases are made. Period Percentage January 1, 2000 to December 31, 2000 10 January 1, 2001 to December 31, 2001 12 January 1, 2002 to December 31, 2002 14 January 1, 2003 to December 31, 2003 16

Percentage Royalty means the amount of money that Licensee will pay to Sweetface in each Annual Period in consideration for the grant of this sublicense, which amount is ***. The Percentage Royalty will be based on the ***. If Licensee sells Licensed Products to Affiliates of Licensee, the Percentage Royalty will be on ***.

Percentage Royalty shall have the definition given that term in PARAGRAPH 4.2. 1.8 "TERRITORY" shall mean the United States of America, Canada and Bermuda. 1.9 "TRADEMARK" means "American Rag CIE" including the correspondent U.S. trademark registration numbers and trademark applications listed in EXHIBIT A attached hereto and incorporated herein, and any Canada and Bermuda common law trademark rights or future registrations, if any, in each case exclusively licensed by SUBLICENSOR, as well as the right to utilize derivations of "American Rag CIE" under the Master License. 2 <PAGE> 2. GRANT OF SUBLICENSE 2.1

Percentage Royalty means the amount of money that Licensee will pay to Hilfiger in consideration for the grant of this license, including Wholesale Percentage Royalty and Retail Percentage Royalty.

Percentage Royalty shall have the definition given that term in PARAGRAPH 4.2.