Royalty Amount definition

Royalty Amount means, with respect to a particular Licensed Product sold commercially in the Territory, the actual amount (in Dollars) payable by CKD to Cara as royalty on such sale pursuant to Section 6.3.

Royalty Amount means the absolute dollar amount that VAR agrees to pay Versant each time the Application is distributed and recognized as revenue on VAR's income statement in accordance with Generally Accepted Accounting Principles, as set forth in Exhibit D hereto.

Royalty Amount has the meaning set forth in Section 2.9(a).

Examples of Royalty Amount in a sentence

• The Initial Royalty Amount shall be reset to zero at the beginning of the second Contract Year.

• Royalties paid to PalmSource for sales by Wholly Owned Subsidiaries will count toward Licensee’s Minimum Annual Payment and Initial Royalty Amount in Exhibit D (Licensee Products, Royalties and Fees) in the same manner as Royalties paid for sales by Licensee.

• Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.

• The power of attorney granted hereby is coupled with an interest, and may not be revoked or canceled by Seller without Purchaser’s written consent; provided, however that the term of the foregoing power of attorney shall be effective from the Closing Date and shall terminate upon Purchaser’s receipt of the Capped Royalty Amount.

• In the event that the Company is unable, after using its best efforts, to modify the design of the Licensed Product so that it is no longer infringing, Licensee shall be entitled to offset against any portion of the Maximum Royalty Amount which remained unpaid as of the date on which Licensee gives the Company notice of the third party claim, any royalties or lump sum payments made by Licensee to the party claiming that the Licensed Product infringes its intellectual property rights.

More Definitions of Royalty Amount

Royalty Amount means for each calendar quarter the sum of seven percent (7%) of Product Revenues in the United States, five percent (5%) of Product Revenues in the Territory outside the United States and [ * ] in the Territory for such calendar quarter; provided, that, in the event that less than 700 Units are issued, such seven percent (7%) and five percent (5%) shall be adjusted by multiplying each by a fraction, the numerator of which is the number of Units issued and the denominator of which is 700.

Royalty Amount. In consideration for the grant of the license set forth in Section 3.1 above, during the Royalty Period, [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***] shall pay to CIMA a royalty on combined Net Sales of Licensed Product as follows: [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***] For example, if annual Net Sales of Licensed Products in a given year are [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***].

Royalty Amount has the meaning given thereto in Section 2(a).

Royalty Amount has the meaning given to such term in Exhibit II.

Royalty Amount has the meaning set forth in Section 2.4;

Royalty Amount has the meaning set forth in Section 9.3.4(a) (Maximum Supply Price Reduction).

Royalty Amount means $1,900,000.