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

• Amounts that (i) the Trust and the Buyer agree in writing are due or (ii) upon a final determination by a court of competent jurisdiction or arbitrator that such amounts are due to the Buyer Indemnities under Sections 8(a) , (b) and (c) may be satisfied by set-off by the Buyer Indemnities, at their sole election, against any Royalty Consideration then due or to become due in the future.

• 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.

• Buyer will send Seller an accounting statement reflecting Xxxxx’s Net Sales for each calendar quarter, along with a computation and payment of Royalty Consideration due, within forty-five (45) days following each calendar quarter.

• The assets held by the Trust, until such time as no further Royalty Consideration is due, will consist solely of the Purchase Consideration and remain free and clear of all Encumbrances.

• If any such examination reveals an underpayment of Royalty Consideration, of more than five percent (5%) of the amount paid by Buyer, or if such examination is in connection with Buyer’s failure to deliver any periodic statement or pay any amounts due hereunder, then Buyer will bear all costs and expenses incurred by Trust in connection with the examination and collection of any such unpaid amounts (including, without limitation, all reasonable attorney’s fees and expenses).

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 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.

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