Royalty Date definition

Royalty Date. The term "Royalty Date" shall mean the date on which the cumulative amount of Teijin's Net Revenue has reached the amount of Twenty-four Billion Japanese Yen (Y 24,000,000,000).
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Royalty Date means the date of first commercial sale of a Product under this Agreement.
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Royalty Date means the first day of the [***] after the Effective Date.
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Examples of Royalty Date in a sentence

  • At any time after the Royalty Date, WBSL may file such memorandum in the real property records of Loving County to provide notice of the AMI Lands and the rights granted herein.


More Definitions of Royalty Date

Royalty Date means the date immediately following the end of each six-month period beginning on January 1 or July 1 from the date hereof until the expiration, invalidation, revocation, unenforceability or other lapse of the last patent included in the Assets.
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Royalty Date means the date on which the cumulative amount of Teijin's Net Revenue has reached the amount of Twenty-five Billion Japanese Yen ((Y)25,000,000,000).
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Royalty Date as defined in Section 3.l(a) thereof is changed from December 31, 1999 to December 31, 2002.
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Related to Royalty Date

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.