Product Payments definition

Product Payments shall have the meaning set forth in Section 3.1 of the License Agreement.
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.
Product Payments means the royalties payable by PeopleSoft as set forth in Exhibit A (section 3(a)) for any Licensed Product.

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.

  • Buyer shall make payment to Seller of Monthly Product Payments for Product (and any other amounts due) by wire transfer or ACH payment to the bank account provided on each monthly invoice.

  • In the event that any Contract Party offsets all or any part of the Included Product Payments against any amounts owed by Dyax to such Contract Party and such offset actually reduces the amount of any payment on the Royalty Interests (any such reduction, a “Payment Shortfall”), Dyax will pay the Buyer the amount of the Payment Shortfall within three (3) Business Days.


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
Product Payments means the payments described in Section ---------------- 6.1.
Product Payments shall have the meaning set forth in Section 3.2 of this Agreement.
Product Payments means the Upfront License Payment and the Regulatory Milestone Payment.
Product Payments shall have the meaning set forth in Section 8.02.
Product Payments will have the meaning ascribed thereto in Section 5.2.
Product Payments shall have the meaning set forth in Section 4.3.