Incremental Royalty definition

Incremental Royalty means the portion of royalty payable as a sliding scale royalty, supplemental royalty, or net profit share that is in addition to the Fixed Royalty.
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Incremental Royalty has the meaning set forth in Section 6.5.2(a).
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Incremental Royalty means an incremental royalty expressed as a percentage of Net Revenue, calculated using the following formula: [***] Indicates that text has been omitted which is the subject of a confidential treatment request. The text has been separately filed with the Securities and Exchange Commission. ERS-XiMo Confidential [***], where XiMo Developed Catalyst Productivity is defined as the direct Developed Catalyst cost in U.S. dollars per ton of Covered Product produced.
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Examples of Incremental Royalty in a sentence

  • The Incremental Royalty shall be paid by not later than [ *** ] after the end of each Agreement Year.

  • The Incremental Royalty shall be paid by not later than [***] after the end of each Agreement Year.

  • Company may credit [***] of any such payments that are attributable and allocable to the Exploitation of a Combination Product or Prostate-Approved Single Agent Product in the Company Field in the Company Territory against any TESARO Incremental Royalty amounts payable to TESARO under Section 8.4(b)(ii).

  • The applicable royalty rates applied to incremental Net Sales are set forth in the table below: TABLE Incremental Yearly Net Sales Incremental Royalty Rates $0.00 to $1,000,000 5% $1,000,001 to $2,000,000 4% $2,000,001 to $3,000,000 3% $3,000,001 to $5,000,000 2% $5,000,001 and Above 1% The royalty rates set forth above apply anew for each calendar year during the Term.

  • Except as expressly provided in this Section 24(P), this Agreement, the Marketing Agreement, the Outsourcing Agreement, the Acquisition Cooperation Agreement, the Incremental Royalty Agreement and the Stockholders Agreement contain all agreements, understandings, conditions, warranties and representations of any kind, oral or written, between the parties hereto, and constitute the entire and final agreement between them with respect to the subject matter addressed herein.

  • If GNE has used such New Strain, GNE shall pay, in addition to the other royalties contained herein, a Net Incremental Royalty with respect to such New Strain equal to ___%.

  • For clarity, the Incremental Royalty, which is not paid in consideration of Patents that Cover the Licensed Product, shall be unaffected by this Section 7.3(c)(i).

  • Notwithstanding the foregoing, in the event that W for any Calendar Year has decreased from W for the immediately preceding Calendar Year, the Incremental Royalty Payment amount due will not decrease.

  • The above notwithstanding, effective as of the Amendment Date, the Base Royalty shall be increased from [**] percent ([**]%) to [**] percent ([**]%), and the Incremental Royalty shall be reduced from [**] percent ([**]%) to [**] percent ([**]%).

  • The TESARO Incremental Royalty under Section 8.4(b)(ii) with respect to Prostate-Approved Single Agent Product Net Sales or Company Combination Product Net Sales, as applicable, shall be payable on a country-by-country basis during the applicable Royalty Term with respect to such Product in such country.


More Definitions of Incremental Royalty

Incremental Royalty is defined in Section 7.3(a)(ii).
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Related to Incremental Royalty

  • Tax increment revenues means the amount of ad valorem property taxes and specific local taxes attributable to the application of the levy of all taxing jurisdictions upon the captured assessed value of real and personal property in the zone. Tax increment revenues do not include any of the following:

  • Incremental Term A Loans has the meaning specified in Section 2.14(a).

  • Incremental Term Loan Amount means, at any time, the excess, if any, of (a) $25,000,000 over (b) the sum of (i) the aggregate increase in the Revolving Credit Commitments established at or prior to such time pursuant to Section 2.24 and (ii) the aggregate amount of all Incremental Term Loan Commitments established prior to such time pursuant to Section 2.25.

  • Incremental Term Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loans has the meaning specified in Section 2.14(a).

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Incremental Amount has the meaning specified in Section 2.14(a).

  • Incremental Term Facility has the meaning assigned to such term in Section 2.22(a).

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Incremental Term Lender means a Lender with an Incremental Term Loan Commitment or an outstanding Incremental Term Loan.

  • Incremental Term Lenders (a) on any Increased Facility Activation Date relating to Incremental Term Loans, the Lenders signatory to the relevant Increased Facility Activation Notice and (b) thereafter, each Lender that is a holder of an Incremental Term Loan.

  • Incremental Income Taxes is defined in Section 6.9.

  • Incremental Term Note shall have the meaning provided in Section 2.05(a).

  • Incremental Term Commitment has the meaning specified in Section 2.14(a).

  • Incremental Term Commitments has the meaning set forth in Section 2.14(a).

  • Incremental Term Loan Commitment means the commitment of any Lender, established pursuant to the Credit Agreement, to make available certain term loans to one or more Borrowers.

  • Incremental Revolving Loan has the meaning set forth in Section 2.14(b).

  • Incremental Term Loan Installment Date shall have, with respect to any Class of Incremental Term Loans established pursuant to an Incremental Assumption Agreement, the meaning assigned to such term in Section 2.10(a)(ii).

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Term Loan Lender shall have the meaning provided in Section 2.15(b).

  • Incremental Term Loan Commitments has the meaning set forth in Section 2.24.

  • Total Initial Term Loan Commitment means the sum of the Initial Term Loan Commitments of all Lenders.

  • Fixed Incremental Amount shall have the meaning assigned to such term in the definition of “Maximum Incremental Facilities Amount”.

  • Incremental Auction Revenue Rights means the additional Auction Revenue Rights, not previously feasible, created by the addition of Incremental Rights-Eligible Required Transmission Enhancements, Merchant Transmission Facilities, or of one or more Customer- Funded Upgrades.

  • Incremental Revolving Loans has the meaning assigned to such term in Section 2.22(a).

  • Tax Increment means the difference between: