ROYALTY PAYMENT PERIOD means each calendar quarterly period during the Term and during the sell-off period, if granted.
ROYALTY PAYMENT PERIOD means the period of time beginning on the fourth anniversary of the EFFECTIVE DATE if on such date the JHU SHARES do not have a fair market value of at least [***] and continuing thereafter until the aggregate payments as described in Paragraph 4.14 below have been paid.
ROYALTY PAYMENT PERIOD means the period beginning on the Effective Date and ending on the expiration of the current calendar quarter and each calendar quarterly period thereafter.
More Definitions of ROYALTY PAYMENT PERIOD
ROYALTY PAYMENT PERIOD means each calendar monthly period during the Term, and during the Sell-off Period, if any.
ROYALTY PAYMENT PERIOD means (i) the period of time commencing on the date of the first commercial sale of a Licensed Product in any country and ending on the day immediately before the first day of the seventh calendar month thereafter and (ii) each subsequent period of six calendar months.
ROYALTY PAYMENT PERIOD means a period of four weeks commencing on a Monday and ending on the Sunday of the fourth week immediately following such Monday.
ROYALTY PAYMENT PERIOD shall have the meaning set forth in Section 9.4.1.
ROYALTY PAYMENT PERIOD means the period commencing as of the First Commercial Sale and terminating upon the expiration of five (5) years. For these purposes, a "year" shall refer a calendar year beginning on the Effective Date and ending of 365 days (or 366 days in a leap year) thereafter.
ROYALTY PAYMENT PERIOD has the meaning set forth in Section 2.3(b).
ROYALTY PAYMENT PERIOD means each month in a calendar year.