Royalty Threshold definition

Royalty Threshold means Net Sales by the Licensee of £25 million.
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Royalty Threshold has the meaning set forth in Section ‎5.4(f).
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Royalty Threshold means the [***], [***], [***] and/or [***], as the case may be.
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Examples of Royalty Threshold in a sentence

  • If the Cumulative Royalties do not Royalty Threshold at the end of each third fiscal quarter, the Cumulative Royalties will be paid to AUTHOR within sixty (60) days after the close of the third quarter.

  • If the Royalty amount does not exceed Royalty Threshold, the amount will be added to the subsequent quarterly Royalty amount due (Cumulative Royalty) until the Cumulative Royalty amount due reaches Royalty Threshold.

  • The Cumulative Royalty will be paid to AUTHOR within sixty (60) days after the quarter end in which the Cumulative Annual Royalty first exceeds Royalty Threshold.

  • The period in which royalties shall be due for each Licensed Use shall be from the later of (a) the date on which the Royalty Threshold has been reached, or (b) the date of First Commercial Use of any such Licensed Use and shall extend until the end of the Royalty Term covering such Licensed Use.

  • If RtR assigns all or part of its royalties to a third party via the Split Royalty Threshold, Publisher will provide proof of remittance to such third party to RtR within 30 days of payment.

  • After the Royalty Threshold has been met and LICENSEE has recouped all of its costs directly related to the commercialization of the Cytogenetics Interpretation System (License E) and the Flow Cytometry System (License F), LICENSEE shall pay a royalty of fifty percent (50%) of the Net Revenue it derives from any sublicensing arrangements it has in place for such Licenses E and F.


More Definitions of Royalty Threshold

Royalty Threshold shall have the meaning set forth in Section 4.6(a). “Rules” shall have the meaning set forth in Section 21.3.6a). “Sales Bonus” shall have the meaning set forth in Section 4.8. [***] shall have the meaning set forth in Section 6.6.
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Royalty Threshold means $[*****].
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Related to Royalty Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Sales Milestone Payment shall have the meaning set forth in Section 8.4.

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Threshold means with respect to Party B: infinity.

  • Gross Profit means the sum produced by adding to the “net profit” the amount of the Insured “standing charges”, or if there be no “net profit”, the amount of the Insured “standing charges” less such a proportion of any net trading loss as the amount of the Insured “standing charges” bears to all the “standing charges” of the business.

  • Net Sales means [***].

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).

  • Royalty Rate means the percentage defined in Exhibit B.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • 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.

  • Gross Profits means the gross profits calculated under section 4;

  • Milestone Payment means a payment identified in the Implementation Plan to be made following the issue of a Satisfaction Certificate in respect of Achievement of the relevant Milestone;

  • Milestone 1 means achievement of annual Net Sales of at least $20,000,000 during the Calendar Year ending on December 31, 2021.

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • 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.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.