Sublicensee Royalties definition

Sublicensee Royalties means [***]

Sublicensee Royalties means, on a Licensed Program-by-Licensed Program and Sublicensee-by-Sublicensee basis, all royalties received by Curis and its Affiliates on sales or other dispositions of Products from such Licensed Program by each Sublicensee and its further Sublicensees (if any).

Sublicensee Royalties means all royalties paid by any Sublicensee to TGTX or any of its Affiliates with respect to sales of Products by such Sublicensee or its further sublicensees.

Examples of Sublicensee Royalties in a sentence

• Proprius shall retain all books and records it is required to maintain under Section 6.1 for [***] from the end of the Contract Year of the Net Sales (or Sublicense Fees or Sublicensee Royalties) to which the books and records pertain.

• For sales made or Sublicense Fees or Sublicensee Royalties received in currency other than United States dollars, amounts payable under this Agreement shall be converted to United States dollars as would be required for reporting under GAAP.

• Any payment, including without limitation, royalty, Sublicense Fees, Sublicensee Royalties, and milestone payments, made by Proprius under this Agreement after the date such payment is due shall bear interest at the lesser of 1 1/2% per month and the maximum rate permitted by applicable law.

• Proprius shall keep full and accurate accounting records of Net Sales, Sublicense Fees and Sublicensee Royalties in sufficient detail to determine the amounts payable to Prometheus under Sections 5.3, 5.4 and 5.5. Such records, together with all necessary supporting data, shall be kept at Proprius’ offices at the address set forth above or such other address as Proprius may indicate in writing to Prometheus.

• On a product by product basis, TGTX shall pay to Rhizen the Applicable Percentage of any Sublicensee Royalties received by TGTX and its Affiliates from each Sublicensee throughout the term of the applicable Commercial Sublicensing Agreement.

More Definitions of Sublicensee Royalties

Sublicensee Royalties. : shall mean all royalties paid by any Sublicensee to TGTX or any of its Affiliates with respect to sales of Products by such Sublicensee or its further sublicensees.

Sublicensee Royalties means any remuneration received by Licensee that are based on the manufacture, use or transfer of the Licensed Products by any Sublicensee, less Third Party Royalties if and for so long as the Sublicensee is obligated to pay such Third Party Royalties, and provided that in no event shall such Third Party Royalty reduction reduce the amount of any payment to Northwestern of Sublicensee Royalties by more than ***** percent ***** of the amount that otherwise would have been due Northwestern as Sublicensee Royalties for such payment period in such country.

Sublicensee Royalties means all royalties received by Aratana or any of its Affiliates from Sublicensees with respect to such Sublicensees’ sales of Products.

Sublicensee Royalties means the Net Selling Price paid by a purchaser of a Licensed Product to AtheroGenics, an Affiliate or sublicensee of AtheroGenics, or any other party (other than a joint venture in which AtheroGenics or an Affiliate of AtheroGenics is a participant) authorized by AtheroGenics to sell Licensed Products.

Sublicensee Royalties shall have the meaning set forth in Subsection 11.2.

Sublicensee Royalties means three percent (3%) of all revenue of Licensee's sublicensees upon which any payments to Licensee by Licensee's sublicensees pursuant to sublicense agreements hereunder are based. Sublicensee Royalties shall be included in Earned Royalties and accounted for on the same basis and pursuant to the same requirements as Earned Royalties. Earned Royalties shall accrue on all Contracts completed during the applicable month. Completion shall be deemed to have occurred when Licensee or an Affiliate of Licensee receives cash payment substantially in full in connection with a Contract or from any of its sublicensees hereunder (i.e., when Licensee has been paid substantially all sums that Licensee reasonably can expect to collect on such Contract), from the customer or from a third party financing source or from a sublicensee, as the case may be, or receives written customer acceptance with respect to any project financed by Licensee. In connection therewith, Licensee agrees and covenants that it shall use commercially reasonable efforts to promptly collect all sums due to Licensee from Contracts or sublicensees hereunder.

Sublicensee Royalties means the royalties assessed on Net Sales of the Product on the market effectively paid to DEBIOPHARM and its Affiliates by Sublicensees in connection with their right to Commercialize the Product in accordance with the Sublicense Agreement, including without limitation running royalties less taxes, levies or government withholdings on such royalties effectively paid by Sublicensees on such royalties. For clarity, Sublicensee Royalties do not include (i) Sublicensing Revenues, or (ii) purchase prices paid by a Sublicensee corresponding to manufacturing and delivery costs for Products supplied to it by DEBIOPHARM or its Affiliates.