Royalty Period means the partial calendar quarter commencing on the date on which the first Licensed Product is sold or used and every complete or partial calendar quarter thereafter during which either (a) this Agreement remains in effect or (b) Company has the right to complete and sell work-in-progress and inventory of Licensed Products pursuant to Section 8.5.

Royalty Period means, with respect to the Royalties, the period commencing with the initial payment of the Royalties to the Investor and ending on such date as set forth in Schedule A.

Royalty Period shall be as defined in Section 5.4.1(c).

Examples of Royalty Period in a sentence

SongVest shall be solely responsible for the payment of the Proceed Rights to the Investor from the Royalties received from Seller hereunder throughout the Royalty Period.
Upon the conclusion of the Offering, and solely in the event the Option Threshold is satisfied, SongVest’s option to enter into the Transaction shall be deemed exercised and Seller shall irrevocably assign, grant and convey the rights to the Royalties to SongVest for the entire duration of the Royalty Period.
Seller shall, pursuant to an irrevocable letter of direction (“LOD”), a copy of which is attached hereto as Exhibit A, direct and cause Payer and/or other third party, as applicable, that distributes Assets and accounts to Seller in connection with Royalties therefor, to account and pay all Royalties to SongVest for the entire Royalty Period at the same time and on the same terms as such party is required to account to Seller.
Seller shall, pursuant to an irrevocable letter of direction (“LOD”), a copy of which is attached hereto as Exhibit A, direct and cause Distributor and/or other third party, as applicable, that distributes Assets and accounts to Seller in connection with Royalties therefor, to account and pay all Royalties to SongVest for the entire Royalty Period at the same time and on the same terms as such party is required to account to Seller.

More Definitions of Royalty Period

Royalty Period means, on a Licensed Product-by-Licensed Product and country-to-country basis, the period commencing on the Effective Date and ending on the later of (a) the expiration of the last-to-expire Valid Claim or Exclusivity Right, or (b) 15 years from the date of the First Commercial Sale.

Royalty Period has the meaning set forth in Section 6.2.2.

Royalty Period will have the meaning described in Section 3.2.1.

Royalty Period shall have the meaning given in Section 8.7(iv).

Royalty Period has the meaning set forth in Section 5.1.

Royalty Period means one of two six (6) month periods during a calendar year, the first beginning on January 1 and ending June 30 and the second beginning on July 1 and ending December 31, except that the initial Royalty Period shall begin on the Effective Date and end on December 31 of that same calendar year.

Royalty Period has the meaning assigned to it in Section 7.4(b)(iii).