Royalty Consideration definition

Royalty Consideration means any royalty payment received by Licensee from a Sublicensee based on the Sublicensee’s sales of Licensed Products.

Royalty Consideration means the Designated Countries Royalty Consideration and the U.S. Royalty Consideration.

Royalty Consideration shall have the meaning set forth in Section 2.2(c).

Examples of Royalty Consideration in a sentence

• U.S. Licensee shall pay the U.S. Upfront Fee and the U.S. Royalty Consideration, and Designated Countries Licensee shall pay the Designated Countries Upfront Fee and the Designated Countries Royalty Consideration, in cash by wire transfer of immediately available funds (in U.S. dollars) to the account designated from time to time in writing by Licensor.

• For the avoidance of doubt, for a year in which a U.S. Generic Entry Impact occurs, (x) U.S. Licensee will pay U.S. Royalty Consideration to Licensor with respect to the portion of such year prior to the date of such U.S. Generic Entry Impact and (y) no U.S. Royalty Consideration will be due with respect to any date thereafter.

• For the avoidance of doubt, pursuant to this Section 4.07, the Auditor shall act as an expert and not an arbitrator and, in any event, shall not substitute its own accounting judgment for that of Licensee when auditing the accuracy of the calculation of Net Sales and related U.S. Royalty Consideration and Designated Countries Royalty Consideration set forth on a U.S. Statement or Designated Countries Statement.

• All books of account and records of Buyer relating to the Products will be kept available for inspection by or on behalf of Trust for at least two (2) years after the expiration or termination of the seven-year Royalty Consideration period.

• In the event such examination indicates any under or overpayment of Royalty Consideration, an appropriate credit or refund will be promptly issued.

More Definitions of Royalty Consideration

Royalty Consideration means the Designated Countries Royalty Consideration and the U.S. Royalty Consideration. “Royalty Term” means the Designated Countries Royalty Term and the U.S. Royalty Term.

Royalty Consideration means the Royalty Loan Stock

Royalty Consideration means royalties based on sales of TYSABRI and other contingent payments based on sales of TYSABRI received by Biogen Idec or any of its Affiliates from a Third Party in connection with a TYSABRI Transaction or Standard Distribution Transaction (which, for clarity, does not include amounts described in clause (1) of the first sentence of Section 1.1(gg)).

Royalty Consideration shall have the meaning set forth in Section 3.1.

Royalty Consideration is defined in Section 7.1(a)(i).

Royalty Consideration means the Royalty Payments, all rights of the Royalty Recipient under Section 1.5, and any rights of the Royalty Recipient to receive

Royalty Consideration means the Royalty Payments, all rights of the Royalty Recipient under Section 1.5, and any rights of the Royalty Recipient to receive Confidential Information in respect thereof pursuant to Sections 4.1 and 4.2(d), but subject to the Company’s obligations under Section 4.1 in respect of the Buyer’s Confidential Information and to the Buyer’s rights of set-off under Section 1.5(c)(3) and Section 6.6.