Royalty Receiving Party definition

Royalty Receiving Party means the Party that is entitled to receive royalties from the other Party with respect to a Licensed Product pursuant to Section 9.3.
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Royalty Receiving Party has the meaning set forth in Section 10.1.
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Royalty Receiving Party means the PARTY who is entitled to receive royalties hereunder.
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Examples of Royalty Receiving Party in a sentence

  • Each of the PARTIES shall keep, and shall cause each of its AFFILIATES and SUBLICENSEES, if any, to keep, full and accurate books of account containing all particulars that may be necessary for the purpose of calculating all royalties payable to the ROYALTY-RECEIVING PARTY.

  • Any such tax actually paid on the ROYALTY-RECEIVING PARTY's behalf shall be deductedfrom royalty payments due the ROYALTY-RECEIVING PARTY.

  • Any tax required to be withheld by the ROYALTY-PAYING PARTY under the laws of any foreign country for the account of the ROYALTY-RECEIVING PARTY, shall be promptly paid by the ROYALTY-PAYING PARTY for and on behalf of the ROYALTY-RECEIVING PARTY to the appropriate governmental authority, and the ROYALTY-PAYING PARTY shall use its best efforts to furnish the ROYALTY-RECEIVING PARTY with proof of payment of such tax.

  • The payments of suchinterest shall not preclude the ROYALTY-RECEIVING PARTY from exercising any other rights it may have as a consequence of the lateness of any royaltypayment.

  • Each of CIPHERGEN and NEOGENOMICS referred to as the "ROYALTY-PAYING PARTY" or the "ROYALTY-RECEIVING PARTY" hereunder in accordance with the foregoing.


More Definitions of Royalty Receiving Party

Royalty Receiving Party has the meaning set forth in Section 8.5.
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Royalty Receiving Party means the party which has granted a license under Section 5.1.1 or Section 5.1.2.
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Related to Royalty Receiving Party

  • Receiving Party means a Party receiving confidential or proprietary information from the Disclosing Party.

  • Billing Party means the Party rendering a bill.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Third Party Royalties means any royalties or license fees owing to a Third Party attributable to the manufacture, use or sale of Products and in consideration of a license under any patent which such Product would otherwise infringe.

  • BMS means the Company, all related companies, affiliates, subsidiaries, parents, successors, assigns and all organizations acquired by the foregoing.

  • Supplying Party shall have the meaning stated in Section 35.8.2.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Novartis shall have the meaning set forth in the Preamble.

  • Sublicensees as used herein in either singular or plural shall mean any person or entity other than an AFFILIATED COMPANY to which Company has granted a sublicense under this Agreement.

  • Third Party Licensor means the relevant licensor of any Third Party Data or any Third Party Trade Xxxx;

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Selling Party has the meaning set forth in the definition of “Net Sales.”

  • Merck has the meaning set forth in the preamble.

  • Royalty Report shall have the meaning set forth in Section 7.1.

  • Sublicense Revenues means all revenue, in whatever form but excluding sublicense royalties, earned by the Licensee in consideration of its granting a Third Party a sublicense to make a Licensed Product including, without limitation, receipt of annual milestone attainment, sublicense issuance, maintenance or up-front payments, or technology access fee; and issuance of securities or real, personal or intangible property.

  • Licensee has the meaning set forth in the preamble.

  • Sublicense Revenue means any payments or other consideration that CTI actually receives from a Sublicensee as consideration for the grant of a Sublicense, including, without limitation, milestone payments, license fees, license maintenance fees and equity. Sublicense Revenue excludes (i) purchases of equity or debt of TGTX, (ii) payments made for GTX’s performance of any research, Development, or Commercialization of any Licensed Product, (iii) (b) royalties on Net Sales (or, in the case of a profit sharing deal structure, shares of net profits) which are covered in Section 5.9, and (iv) any payment or reimbursement of any costs or expenses incurred by TGTX for filing, prosecution, maintenance, or defense of any DFCI Patents. In the event such consideration received from a Sublicensee is not cash, Sublicense Revenue shall be calculated by TGTX based on the fair market value of such consideration, at the time of the transaction, assuming an arm’s length transaction made in the odinary course of business.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Disclosing Party means the Party disclosing Confidential Information to the Receiving Party.

  • Licensor means the copyright owner or entity authorized by the copyright owner that is granting the License.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Product Manufacturer means the entity that assembles the component parts to manufacture the final Product;

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Third Party Material means software, software development tools, methodologies, ideas, methods, processes, concepts and techniques owned by, or licensed to a third party and used by the Service Provider in the performance of the Services;

  • CREFC® Intellectual Property Royalty License Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0005% per annum.