Trademark Royalty definition

Trademark Royalty means * of the Net Sales of Products by LICENSEE, which represents the amount payable by LICENSEE to GUESS hereunder as the consideration for the grant by GUESS to LICENSEE of the right to use the Trademarks and IP Rights hereunder.

Trademark Royalty the royalty payable on Net Sales by the Licensee under the terms of Clause 10.6.

Trademark Royalty means CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION percent (CONFIDENTIAL INFORMATION OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION%) of the Net Sales of Products by LICENSEE, which represents the amount payable by LICENSEE to GUESS hereunder as the consideration for the grant by GUESS to LICENSEE of the right to use the Trademarks and IP Rights hereunder.

Examples of Trademark Royalty in a sentence

• In accordance with the provisions of Section 11 of this Agreement, as they relate to the Trademark(s) used by Vertical for the Products, Vertical agrees to promptly execute any documents that Argent asserts are needed to transfer all rights in the Trademark(s) to Argent in consideration of Argent’s agreement to pay the Trademark Royalty (as that term is defined in Section 11.5 below) for such Trademark(s).

• LICENSEE will not be relieved of paying the Trademark Royalty by virtue of having met the Royalty Minimum, if LICENSEE's Net Sales yield Trademark Royalty obligations in excess of the Royalty Minimum.

• For the avoidance of doubt, if such Trademark(s) are not used on the Products by Argent or any such third party, then no Trademark Royalty will be due Vertical hereunder.

• In addition, in exchange for and in consideration of future payment of the Trademark Royalty described in Section 11.5 below, Vertical shall immediately assign to Argent (or Argent’s designee), on a fully paid-up basis (in the sense that there are no obligations other than payment over time of such Trademark Royalty), all rights in and to any Trademark(s) for the Products.

• LICENSEE shall not have the right to set-off, compensate or make any deduction from payments of the Trademark Royalty or the Royalty Minimum for any reason whatsoever.

More Definitions of Trademark Royalty

Trademark Royalty means six percent (6%) of the Net Sales of Licensed Products which are bottoms, and shall mean five percent (5%) of the Net Sales of licensed Products which are tops. This represents the amount payable by ITOCHU to JOE'S under this Agreement as the consideration for the grant by JOE'S to ITOCHU of the right to use the Trademarks and Design Rights thereunder.

Trademark Royalty means a royalty (currently five cents ($.05) per can) payable by the Company to Vampire Brands, LLC (“Licensor”) or its assigns in respect of the license granted by the Licensor to the Company to use the “Vampire” trademark and the Licensor’s “Vampire.com” website in connection with the Company’s promotion and sale of the Products.

Trademark Royalty contained in Clause 1.1 of the Original Agreement is hereby amended by replacing the reference “Clause 10.6” with the reference “Clause 10.7”.

Trademark Royalty means **** Percent **** of Net Sales of Licensed Products bearing the Trademarks, including sales of Licensed Products as Off-Price Goods, and shall decrease to **** Percent **** of Net Sales of the Licensed Products bearing the Trademarks in each Contract Year, after annual Net Sales in such Contract Year are in excess of **** United States Dollars. The Trademark Royalty shall decrease to **** Percent **** of Net Sales of the Licensed Products under the Trademarks or possibly under a Derivative Trademarks, as that term is defined in Section 3.1(c), as directed by LICENSOR, where such Licensed Products are manufactured as Special Make-Ups to Marmaxx, Nordstrom Rack, Bloomingdale’s outlets, Steinmart and Xxxxxxxx’x, and other accounts as approved by LICENSOR. The Guaranteed Trademark Royalty is the minimum guaranteed payments owed under the Agreement to LICENSOR calculated at the **** Percent **** Trademark Royalty up to and including **** Dollars and for any Guaranteed Minimum Net Sales amounts exceeding **** Dollars, at the **** Percent **** rate multiplied times the Guaranteed Minimum Net Sales per Contract Year.

Trademark Royalty means: (i) with respect to Licensed Products marketed, promoted, sold, offered for sale, or distributed using or in connection with a Synova Trademark, the gross sales price of such Licensed Products multiplied by a percentage, not to exceed two percent (2%), as such percentage is agreed upon by BioPad and Synova; provided, however, if BioPad and Synova are unable to agree on such percentage, BioPad shall have no right to use any Synova Trademarks; or (ii) with respect to Licensed Products marketed, promoted, sold, offered for sale, or distributed using or in connection with both a Synova Trademark and a BioPad Trademark in close proximity with each other, the gross sales price of such Licensed Products multiplied by a percentage, not to exceed one and one-half percent (1 %2%), as such percentage is agreed upon by BioPad and Synova; provided, however, if BioPad and Synova are unable to agree on such percentage, BioPad shall have no right to use any Synova Trademarks. In all events the Trademark Royalty shall be due and payable to Synova within thirty (30) days after the end of each month during which any Licensed Products were marketed, promoted, sold, offered for sale, or distributed using or in connection with a Synova Trademark.

Trademark Royalty shall have the meaning set forth in Section 6.3(ii).

Trademark Royalty means the set percentage of sale of the Net Sales of Products by LICENSEE.