Royalties and Fees. 2.1 Millennium hereby acknowledges that full ownership title to the Products belongs to Abacus.
Royalties and Fees. 1. The Customer will pay a Royalty to the Supplier on each End Product, for which Royalties are due, as defined in section 12.2 at the following rates:
Royalties and Fees. 3.1 LICENSEE shall pay to LICENSORS jointly and severally, during the term of the license of paragraph 2.1, a total royalty of four percent (4%) of the Net Sales of all Licensed Products sold by LICENSEE and its Affiliates. LICENSEE shall pay to LICENSORS jointly and severally, during the term of the license of paragraph 2.1, a total royalty of twenty percent (20%) of the royalties which LICENSEE and its Affiliates receive from Sublicensees for sublicenses of the Licensed Products or Licensed Processes. No multiple royalties shall be due because the sale or sublicense of any Licensed Product or Licensed Process is described in more than one sentence of this section 3.1. In the event of any such overlap, the sentence which most accurately describes the relevant transaction at issue shall prevail. On Net Sales or sublicenses between LICENSEE and its Affiliates, royalties shall be payable only on the resale or resublicense by such Affiliate.
Royalties and Fees. 4.1 As partial consideration for the rights granted to Licensee under this Agreement and as a nonrefundable and non-creditable license fee, Licensee shall pay to Salk (a) Thirty Thousand Dollars ($30,000.00) in cash, due upon execution, and (b) [**] Dollars ($[**]) in cash annually thereafter for the Term, beginning on the one-year anniversary date of the Effective Date. The annual fee is non-refundable and not subject to proration.
Royalties and Fees. As consideration for the intellectual property licensed by STS under this Agreement, the Principal Investigator (on behalf of himself or herself and the Investigative Team) shall pay to STS as a royalty an amount based on the volume of data to be provided by STS in accordance with the Application, computed in accordance with the formula set forth in Exhibit C attached hereto and incorporated herein, within thirty (30) days after receipt of an invoice therefor from STS. In addition, if the Principal Investigator requests support from STS in connection with the intellectual property licensed by STS under this Agreement (see Subsection 7(f)), any such support that STS agrees to provide shall be provided for a fee to be agreed upon in advance. STS shall have no obligation to provide the PUF or otherwise perform any of its obligations under this Agreement until it has received full payment of all monies owed hereunder.
Royalties and Fees. In consideration of rights granted by METHODIST to LICENSEE under this Agreement, LICENSEE will pay or issue to METHODIST each the following:
Royalties and Fees. All royalties and fees outlined hereafter become payable as scheduled herein:
Royalties and Fees. (The information marked by *** has been omitted by a request for confidential treatment. The omitted portion will be filed separately with the Commission.)
Royalties and Fees. Lxx’x or its sublicensees shall pay SORRENTO a royalty based on Net Sales of Licensed Products by Lxx’x and its sublicensees during the term of this Agreement in the Territory. The royalty rate shall be: (i) *percent (*%) for the first US$* of Net Sales per calendar year; (ii) *percent (*%) for Net Sales per calendar year of US$* to US$* per calendar year; (iii) * percent (*%) for Net Sales per calendar year of US$* to US$* per calendar year; (iv) * percent (*%) for Net Sales per calendar year of US$* to US$* per calendar year; (v) *percent (*%) for Net Sales per calendar year of US$* to US$* per calendar year; and (vi) *percent (*%) for Net Sales per calendar year in excess of US$*. All amounts payable hereunder shall be net amounts without any deductions or withholdings but subject to applicable tax withholdings.
Royalties and Fees. 2.1 Millennium hereby acknowledges that full ownership title to the Products belongs to Abacus. 2.2 Millennium agrees to pay Abacus royalties (herein referred to as 'Royalties') and fee payments ('Fees') based on Net Sales Revenues earned by Millennium from sale of the Products on the following basis:
