Royalty or Royalties definition
Examples of Royalty or Royalties in a sentence
Licensee shall make mandatory ongoing monthly royalty payments to ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ("Royalty" or "Royalties") in the amount of ten percent (10%) of Revenues.
Subject to Section 3.8, Licensee shall pay to Licensor during the Term and any Sell-off Period a royalty of five percent (5.0%) of Net Sales ("Royalty" or "Royalties") and five percent (5.0%) of any Sublicense Consideration.
In the event that such royalties are not paid under the Primary Sublicense Agreement, KSA shall pay AH a royalty based on Net Sales, as defined herein, at the same rates and amounts and on the same terms and conditions as specified in Section 4 of the Primary Sublicense Agreement (hereinafter referred to as the Royalty or Royalties).
Celerity hereby agrees to pay to the Lender royalty payments (the "Royalty" or "Royalties") equal to the product of (i) a fraction, the numerator of which is the principal amount of the Note, and the denominator of which is $100,000, (ii) Fifty Cents ($0.50), and (iii) the number of T 6000 set top boxes shipped by Celerity to customers during the Royalty Period (as defined in Section 1.B. below), subject to the other provisions of this Agreement.
Only printed or hard copies of the items listed in the Agreement are Contract Documents.
Licensee shall pay to Licensor a royalty payment equal to the greater of Two Hundred and Fifty Dollars ($250) for each Tissue Processing case or ten percent (10%) percent of all Licensee Net Revenue during the Term (the "Royalty" or "Royalties").
In consideration of the grant by Cognigen to eMaxDirect of the personal, exclusive, non-transferable, non-assignable limited license set forth in Section 3, eMaxDirect shall pay Cognigen a royalty of 20% of the gross revenues derived by eMaxDirect from its training services to Cognigen Independent Sales Agents (the "Royalty" or "Royalties").
For each Fiscal Year, InStent shall pay to Medtronic a royalty (the "Royalty" or "Royalties") equal to: (i) ten percent (10%) of Net Sales of Non-Vascular Licensed Products in such year and (ii) twelve percent (12%) of Net Sales of Peripheral Vascular Licensed Products in such year.