Royalty Calculation Period definition

Royalty Calculation Period means the period of six (6) financial years starting on the financial year starting on 1st January 2021.
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Royalty Calculation Period means the period of six (6) financial years starting on the Financial Year starting upon Commercialization. "Royalty Fee Prepayment Amount" has the meaning given to this term in Article 2.2(b). “Royalty Prepayment Event” means either:
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Royalty Calculation Period means each quarter during any calendar year, during the Term.
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Examples of Royalty Calculation Period in a sentence

  • During the Term, Company will pay to AMIH the Royalty Payment for each Royalty Calculation Period, on or before the 25th calendar day after the close of the applicable Royalty Calculation Period.

  • Interneuron shall furnish to the Trustee a written report (the "Royalty Report") on March 31, June 30, September 30, and December 31 of each year during the Royalty Term (the "Royalty Payment Dates") for each prior three month period ending December 31, March 31, June 30, and September 30, respectively (the "Royalty Calculation Periods") showing all Interneuron Receipts subject to Royalty Payments and the Royalty Payments accrued under this Royalty Agreement during such Royalty Calculation Period.

  • In the case of sales outside of the United States, the rate of exchange to be used in computing the amount of currency equivalent in United States dollars shall be calculated monthly in accordance with GAAP based on the average of the conversion rates on the first and last business day of the month during each Royalty Calculation Period published in the Wall Street Journal, Eastern edition.

  • Royalty Payments shown to have accrued during each Royalty Calculation Period shall be due and payable on the applicable Royalty Payment Date.

Related to Royalty Calculation Period

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Earn-Out Period has the meaning set forth in Section 2.6.1.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Reconciliation Period is each calendar month.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Earnout Period has the meaning set forth in Section 2.5(a)(iii).

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 4; provided, however, that if a subsequent Valuation Date occurs under Paragraph 2 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 2.