Payment of Royalty. Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by Xxxxxx. $18,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of database/namespace during licensed period. With each royalty payment, Client will submit to Xxxxxx the written report that sets forth the calculation of the amount of the royalty payment.
Payment of Royalty. The following provisions shall apply with respect to royalty payable under this Agreement—
Payment of Royalty. If the Optionor and Optionee have formed the Joint Venture under Article 4.1 hereof, then until either the Optionee or Optionor ceases to have any interest in the Joint Venture and the Property, the Optionee and Optionor shall pay their proportionate shares(based on their respective undivided interests in the Joint Venture) of any royalty payable to any governmental body.
Payment of Royalty. TOGI shall calculate and pay the Royalty monthly in accordance with the provisions of Exhibit 1. If TOGI does not timely pay the Royalty, Owner may give written notice to TOGI that TOGI is in default of its obligations under this Deed, and unless within five (5) business days following receipt by TOGI of such notice Owner receives the delinquent Royalty payment, then TOGI shall pay interest on the delinquent payment at the rate of ten percent (10%) per annum which shall accrue from the day the delinquent Royalty payment was due to the date of payment of the Royalty and accrued interest. TOGI shall pay all of Owner's attorney's fees and all other costs incurred by Owner to collect the delinquent Royalty payment.
Payment of Royalty. [Note: Consider whether University should request that all or a portion of the Royalty be guaranteed by Contractor. This request may cause Contractor to reduce other incentives.]
Payment of Royalty will pay to SBG DBA Global Big Latch On a royalty which shall be calculated as follows: A one time fee of $ (please see associated guide for prices) The royalty shall be paid at the time of the signing of this Agreement.
Payment of Royalty. Licensee shall provide Licensor with quarterly written reports within fifteen (15) days after the end of each calendar quarter during the term of this Agreement, stating in each such report the number and description of Licensor products sold and the aggregate amount of top-line gross revenue invoiced by Licensee and gross profit attained during the preceding quarter. Together with the delivery of each such report, Licensee shall pay to Licensor the royalties, if any, that are due to Licensor for the period of such report. If no royalties are due, Licensee shall so report.
Payment of Royalty. Seller shall pay or cause to be paid all royalties due to royalty owners for the Carbon Dioxide delivered hereunder.
Payment of Royalty. The Licensee will pay the royalties shown to have accrued by each royalty report provided for under Section 3.4 on the date such royalty report is due. Payment of royalties in whole or in part may be made in advance of such due date.
Payment of Royalty. (a) ADOLOR shall pay the royalty due under Section 4.2 for sales of Product in each calendar quarter within forty five (45) days after the end of such calendar quarter.
