Product Payments definition

Product Payments shall have the meaning set forth in Section 3.1 of the License Agreement.
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Product Payments means, with respect to any period occurring during the Royalty Period, the sum of (a) all Product Net Sales during such period, and (b) all Product-Related Damages that are actually received by Seller or its Affiliates during such period.
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Product Payments means the royalties payable by PeopleSoft as set forth in Exhibit A (section 3(a)) for any Licensed Product.
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Examples of Product Payments in a sentence

  • If SCE is required by law or regulation to remit or pay Governmental Charges which are Seller’s responsibility hereunder, SCE may deduct such amounts from monthly Product Payments to Seller made pursuant to Exhibit E.

  • If SCE elects not to deduct such amounts from Seller’s monthly Product Payments, Seller shall promptly reimburse SCE for such amounts upon SCE’s Payment Invoice request.

  • If SCE elects not to deduct such amounts from Seller’s monthly Product Payments, Seller shall promptly reimburse SCE for such amounts upon SCE’s invoice request.

  • In case no Product Payments are due for any calendar quarter, ALZA shall so report.

  • Notwithstanding the foregoing, Product Payments for any quarter will not exceed 2.5% of Net Sales, on a quarterly basis, in the Territory for the first four calendar quarters during which the Licensed Product is commercially sold in the first Major Market Country, and 3% of Net Sales, on a quarterly basis, for each of the following eight completed calendar quarters.


More Definitions of Product Payments

Product Payments means those premiums or other amounts due from time to time for the purchase of DuePoint product or services
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Product Payments means the payments described in Section ---------------- 6
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Product Payments shall have the meaning set forth in Section 8.02.
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Product Payments will have the meaning ascribed thereto in Section 5.2.
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Product Payments means the Upfront License Payment and the Regulatory Milestone Payment.
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Product Payments shall have the meaning set forth in Section 3.2 of this Agreement.
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Product Payments shall have the meaning set forth in Section 4.3.
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