Unit Royalties definition

Unit Royalties means the royalty payable by FAIRPOINT to ARTERA on each Unit licensed to an End User by or through a FAIRPOINT Customer, as more particularly described in Article 3 below.
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Unit Royalties. For each Unit initially licensed by or through Avaya that is, directly or via Reseller(s), covered by a Royalty License, Avaya shall pay to Artera a Unit Royalty as set forth in Schedule 3.1. Payments to Artera under this Section 3.1 shall be made as described in Section 3.4 hereof. Avaya payments will be paid net 45 days from invoice. A Subscriber covered by a Royalty License that discontinues its use of the Licensed Products but then recommences such use within one year of the discontinuation shall be considered, following recommencement, to have been initially licensed by or through Avaya. Nothing in this Section 3.1 or in Schedule 3.1 shall in any way limit Avaya's right to determine on its own the actual retail prices it charges for the Licensed Products."
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Unit Royalties means the royalty payable by Avaya to Artera on each Unit licensed as described in Section 3.1 hereof.
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Examples of Unit Royalties in a sentence

  • In the event that Fees are not timely paid under this Agreement, MoSys shall have no obligation to waive the applicable Per Unit Royalties of the Authorized Manufacturer.

  • MoSys will waive each Authorized Manufacturer's obligation to pay Per Unit Royalties to MoSys under a Manufacturer's Agreement for each authorized sale by the Authorized Manufacturer to Nintendo of a High Density 1T-SRAM Memory that is used by Nintendo in the Dolphin Product; provided that MoSys has received from Nintendo payment of the applicable Fees in accordance with Section 3 below.

  • MoSys will confirm to the Authorized Manufacturers these terms and will waive the obligation of Authorized Manufacturers to pay Per Unit Royalties to MoSys under Manufacturers' Agreements solely as follows.

  • In the event that MoSys elects not to waive the Per Unit Royalties it shall notify Nintendo of this fact.

  • In the event that the Unit Royalties for an Annual Period do not exceed the minimum annual royalty for that Annual Period, LICENSEE’s payment for the last Reporting Period of each Annual Period shall include the balance needed to achieve the minimum annual royalties for that Annual Period.

  • Nintendo shall also have the right to inform any Authorized Manufacturer of the terms of this Agreement governing the waiver of payment of Per Unit Royalties by any Authorized Manufacturer and the payment of Fees by Nintendo in arranging such purchases.

  • The amounts due from LICENSEE to PRF as Unit Royalties in each Annual Period shall be creditable against the minimum annual royalties for that Annual Period.

  • Expiration or termination of this Agreement shall not relieve the Parties of any obligation accruing prior to such expiration or termination such as the obligation to pay Unit Royalties and Discounted Unit Royalties on Gross Receipts and Other Receipts obtained prior to expiration or termination, and provide the associated Royalty Reports, under Sections 4 and 5.

  • Unit Royalties and Discounted Unit Royalties shall be due and payable on or before the Payment Due Date for each preceding Reporting Period.

  • In lieu of paying the required Per Unit Royalty Fee on an "as incurred" basis, PSIP has granted SEC a Block License under which SEC may offset the Per Unit Royalties incurred by the Authorized SEC Devices identified in Exhibit A, Section 2 herein; provided that, SEC may not offset the Per Unit Royalties incurred by any additional Authorized SEC Devices to be granted under a license of future Licensed System Addenda to be attached to the MTLA.


More Definitions of Unit Royalties

Unit Royalties meaning Royalties that are calculated on a per session (or unit) basis; in each case as specified in the relevant IMRO tariff or PPI tariff.
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Related to Unit Royalties

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

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

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Milestone Payments means payments made in connection with any Permitted Acquisition or other acquisition (including any license or the acquisition of any license) of any rights in respect of any drug or other pharmaceutical product (and any related property or assets) to sellers (or licensors) of the assets or Equity Interests acquired (or licensed) therein based on the achievement of specified revenue, profit or other performance targets (financial or otherwise).

  • Minimum Royalty has the meaning set forth in Section 4.4(c).

  • 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.

  • License Fees means all non-refundable fees payable by Licensee to OT with respect to the granting of Software Licenses; “License Model” means the description of the conditions, limitations and restrictions associated with the Software License which govern the use of the Software, as set out in the applicable License Model Schedule;

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

  • Royalty Fee “Royalty Fee” means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

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

  • Sublicense Revenue means [***].

  • Net Smelter Returns means the gross proceeds received by the Purchaser in any year from the sale of Product from the mining operation on the Property, less successively: (i) the cost of transportation of such Product to a smelter or other place of treatment, and (ii) smelter and treatment charges;

  • Sublicense Revenues means [***].

  • Sublicensing Revenue means all amounts (including, without limitation, payments received for the purchase of equity in excess of the fair market value of such equity, license fees, milestone and other time or event based payments and royalties on sales of products, but excluding any research funding payments received and actually used for such purpose) received by a Party under an agreement or license attributable to Collaboration Products or from sales of Collaboration Products to end users less any withholding tax or other tax related reductions.

  • Net Smelter Return means the aggregate proceeds received by the Optionee from time to time from any smelter or other purchaser from the sale of any ores, concentrates, metals or any other material of commercial value produced by and from the Property after deducting from such proceeds the following charges only to the extent that they are not deducted by the smelter or other purchaser in computing the proceeds:

  • 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.

  • Royalty Rate means the percentage defined in Exhibit B.

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

  • Sales Revenue means receipts from the sale, lease, or rental of goods, services, or property;

  • Third Party Royalties means royalties or payments actually paid by the Company or its Affiliates to an unaffiliated third party for the right to use or exploit technology, products or proprietary rights of such third party to create or sell Licensed Product/s, which third party’s rights would otherwise be infringed or violated.

  • Overriding Royalty Interest means an interest in the oil and gas produced pursuant to a specified oil and gas lease or leases, or the proceeds from the sale thereof, carved out of the working interest, to be received free and clear of all costs of development, operation, or maintenance.

  • Milestone Payment has the meaning set forth in Section 4.2.

  • Net Sales means [***].

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

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