Advance. A. You agree to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Term, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 3 contracts
Samples: First Years Inc, Sun Sportswear Inc, Sun Sportswear Inc
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Term, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 3 contracts
Samples: License Agreement (Hedstrom Holdings Inc), License Agreement (Hedstrom Holdings Inc), License Agreement (Ero Marketing Inc)
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Term, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 2 contracts
Samples: License Agreement (First Years Inc), License Agreement (First Years Inc)
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term term for the relevant Schedule only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Termentire term of the subject Schedule, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 2 contracts
Samples: License Agreement (First Years Inc), License Agreement (First Years Inc)
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Term, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable. .
Appears in 1 contract
Samples: License Agreement (First Years Inc)
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Termentire Term , such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 1 contract
Samples: License Agreement (First Years Inc)
Advance. A. You agree Licensee agrees to pay the Advance, which shall be on account of Royalties to accrue during the Principal Term term for the relevant Schedule for each subject Property only, and only with respect to sales in the Territory; provided, however, that if any part of the Advance is specified hereinabove as applying to any period less than the Principal Termentire term of the subject Schedule, such part shall be on account of Royalties to accrue during such lesser period only. If said Royalties should be less than the Advance, no part of the Advance shall be repayable.
Appears in 1 contract
Samples: License Agreement (Crown Crafts Inc)