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Royalty Due Date definition

Royalty Due Date means March 31, June 30, September 30 and December 31 of each year during the term of this Agreement.
Royalty Due Date means the date thirty (30) days following the last day of November, February, May, and August of each year during which this Agreement remains in force, commencing on the Effective Date;
Royalty Due Date means January 1 of each calendar year.

Examples of Royalty Due Date in a sentence

  • Cardiol shall make any royalty payments owed to Meros hereunder in arrears, within sixty (60) days after each Royalty Due Date.

  • The royalties will become due and payable within 60 days of each respective Royalty Due Date and shall be calculated in respect of the Net Sales in the three (3) month period immediately preceding the applicable Royalty Due Date.

  • In each case royalties will be calculated in respect of the Net Sales in the calendar quarter immediately preceding the applicable Royalty Due Date.

  • This payment will not be refunded to the Licensee (in whole or in part) under any circumstances, except that the difference between the minimum annual royalty and the earned royalties payable under Article 5.1 in the same year will be credited against future earned royalties on each successive Royalty Due Date.

  • As a result, they were better able to integrate science and engineering in their teaching.Table 2.

  • The royalties from Archemix to Isis set forth in Section 5.4 are due and payable within [***] days after each respective Royalty Due Date and will be calculated based on the Net Sales in the calendar quarter immediately preceding the applicable Royalty Due Date.

  • Within [***] after each respective Royalty Due Date, Sundial will furnish to Pathway a written report showing in reasonably specific detail, the Gross Revenues and Net Revenues earned during the applicable calendar year on Royalty Activities, including calculation of the royalties which will have accrued based upon such Gross Revenues and Net Revenues, and the withholding taxes, if any, required by law to be deducted with respect to such Gross Revenues and Net Revenues.

  • The royalties will become due and payable within sixty (60) days after each respective Royalty Due Date and shall be calculated in respect of the Net Sales in the three (3) month period ending with the applicable Royalty Due Date.

  • Any monetary payments or portions thereof due hereunder which are not paid on the date such payments are due under this Agreement will bear simple interest at a rate equal to the lesser of the prime rate as published in The Globe and Mail, on the first day of each Royalty Due Date in which such payments are overdue, or the maximum rate permitted by law, whichever is lower, calculated on the number of days such payment is delinquent.

  • Licensee in the three month period immediately preceding the month in which the applicable Royalty Due Date falls.


More Definitions of Royalty Due Date

Royalty Due Date means the last day of each of March, June, September and December of each year during the Term;
Royalty Due Date means the last working day of each month of each and every year during which this Agreement remains in full force and effect;
Royalty Due Date. The last working day of December in each and every year during which this Agreement remains in full force and effect.
Royalty Due Date means June 30th of each year during the Term;
Royalty Due Date means the date which is sixty days after the end of the Purchaser’s fiscal year during which Net Revenues are received;

Related to Royalty Due 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.

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