Examples of Royalty Cap in a sentence
This Agreement shall terminate upon the payment in full of the Royalty Cap Amount.
The Elpida Royalty Cap amount shall be determined quarterly based on the prorated portion of the greater of a) [*] of Elpida’s combined total revenue for the previous [*], or b) [*] per year.
For avoidance of doubt, the Elpida Royalty Cap does not apply to Elpida Royalties paid to IM for Third Party Products.
For the avoidance of doubt, Popeil's rights and remedies under this Paragraph 7 shall subsist and remain in full force and effect with respect to the Turkey Fryer regardless of whether Company has met the Royalty Cap noted in Paragraph 2.F. above.
The Container Royalty Cap provisions set forth in Article XI, Section 4 of this Master Contract shall not apply to the Second Container Royalty contributions to MILA.