Royalty Termination Date definition

Royalty Termination Date means the date on which the aggregate amount of the Royalty Payments, together with any Specified Other Amounts, actually received by Buyer (or any Buyer Indemnified Party) pursuant to this Agreement equals the Royalty Cap.

Royalty Termination Date means (as applicable):

Royalty Termination Date has the meaning set forth in Section 5.6.

Examples of Royalty Termination Date in a sentence

• Licensee acknowledges and agrees that during the term of this Agreement, provided no Royalty Termination Date (as hereinafter defined) has occurred and is continuing, Licensee shall not operate, market or brand any of the Hotels with the trademarks, service marks or trade names of any hotel, lodging or hospitality franchise of any third party.

• Urohealth will pay to Vista an amount equal the sum of the U.S./Direct Royalty Rate and Foreign Indirect Royalty Rate on a product-by-product * * * Confidential Treatment Requested and country-by-country basis through the later of (i) the expiration of the last-to-expire patent within the Patent Rights with claims covering such Licensed Product or (ii) the ninth anniversary of the Effective Date (the "Royalty Termination Date").

• This Purchase and Sale Agreement shall terminate on the earlier of (a) the Royalty Termination Date and (b) mutual written agreement of the Purchaser and the Seller.

• The term of the license granted under this Agreement shall begin on the execution date and shall end on the Royalty Termination Date at which time Discovery shall have a paid-up license under this Agreement.

• Following the Royalty Termination Date, Urohealth shall a fully-paid up license to such Patent Rights and the Related Technical Information and Improvements for such Patent Rights, subject to termination pursuant to Article 5 below.

More Definitions of Royalty Termination Date

Royalty Termination Date means the earlier of (a) the date on which aggregate payments of the Royalty Payments actually received by the Buyer equal the Royalty Cap or (b) (i) if the Tranche 2 Closing has occurred, the date the Buyer has received the Tranche 1 Put/Call Payment and the Tranche 2 Put/Call Payment or (ii) if after August 31, 2024, the Tranche 2 Closing has not occurred, the date the Buyer has received the Tranche 1 Put/Call Payment.

Royalty Termination Date means the earlier of (a) the date on which aggregate payments on account of the Purchased Interest actually received by Buyer equal the Royalty Cap or (b) the date of payment of the Purchased Interest in respect of the last Royalty payment under the License Agreement in respect of the Profit Share Territory.

Royalty Termination Date shall have the meaning set forth in Section 8.1.

Royalty Termination Date means, on a country-by-country and Licensed Product-by Licensed Product basis, the date of the expiration or termination of the last to expire of a Valid Claim within the Licensed Patents that covers such Licensed Product in such country or, if there is no Valid Claim within the Licensed Patents that covers the use, composition or sale of such Licensed Product in such country, the date that is ten (10) years after the First Commercial Sale of such Licensed Product in such country.

Royalty Termination Date means the date of the last Royalty payment under the License Agreements.”

Royalty Termination Date shall refer to and mean fifteen years from the date approval is received for sale of Products in the United States.

Royalty Termination Date means the earliest of (a) the date on which aggregate payments of the Purchased Royalties actually received by the Purchaser (for the avoidance of doubt, including the Special Payment, if actually received by the Purchaser) equal the Royalty Cap applicable at such time or (b) the date of the last Royalty payment under the Commercialization Agreement. For purposes of this definition, the portion of any amount payable to the Purchaser under this Agreement that is deemed actually received by the Purchaser shall include any portion of such amount that is withheld in respect of any Taxes (other than Seller Action Taxes).