Amount of Royalty. In addition to annual rentals, the Lessee shall pay royalty on all minerals mined and removed except special minerals. The royalty shall be no less than two percent (2%) of the gross returns, less the actual and reasonable transportation and smelting or reduction costs, up to fifty percent (50%) of the gross returns. Gross returns shall be based on the arm’s-length sales price of the produced minerals and shall include, if applicable, all premiums, bonuses and other consideration of any kind received by the Lessee for the minerals produced from the Property. The Lessee shall calculate royalty for special minerals in exactly the same manner as for other minerals, except that the royalty percentage shall be no less than five percent (5%) of the gross returns. “Special minerals” means rare earth minerals, precious and semi-precious stones, uranium, thorium or any other minerals which have been or may hereafter be determined to be essential to the production of fissionable materials.
Amount of Royalty. In consideration of the licenses granted hereunder, Licensee shall pay to Licensor a royalty equal to three percent (3%) of Licensee’s Net Sales of Licensed Products. Except where Affiliates of Licensee are end users of products, sales between or among Licensee and its Affiliates shall be excluded from computation of Net Sales, but any subsequent sales to end users by such Affiliates shall be included in the computation of Net Sales.
Amount of Royalty. Lessee shall pay to Lessor as rent a ----------------- royalty of One Dollar and Seventy-five Cents ($1.75) per net ton of 2,000 pounds of coal mined hereunder or eight percent (8%) of the average gross selling price per net ton, as hereinafter defined, whichever is greater, for coal mined hereunder, calculated and reported on a monthly basis.
Amount of Royalty. 5.1.1 CT shall pay XOMA a royalty equal to [*] of Net Sales in each country where Products are sold by CT, its Affiliates and licensees. For purposes of Connetics' royalty obligations pursuant to Section 5.1.1, in the event that Connetics materially narrows the scope of or abandons a claim within the Patent Rights, then the narrowed claim in the form existing as of the Effective Date or the abandoned claim in the form existing as of the Effective Date, as applicable, shall be considered a Valid Claim with respect to such Product for purposes of this Agreement for a period of [*] after the first commercial sale of such Product. Notwithstanding the foregoing, Connetics shall not abandon claims within the Patent Rights prior to [*].
Amount of Royalty. The Royalty Fee shall initially be $1,000,000 per year increasing on the fifth anniversary of the Royalty Commencement Date and each successive fifth anniversary of the Royalty Commencement Date thereafter by an amount equal to 15% of the amount paid at the end of the preceding five year period. Therefore, by way of example, the Royalty Fee will be $1,000,000 in each of
Amount of Royalty. EpiCepx xxxxl pay to Cassel, on a country-by-country, Product-by-Product basis, a royaltx xx *** of Net Sales of Product per Royalty Year.
Amount of Royalty. In consideration of the license granted by Perrigo to Purchaser, Purchaser shall pay to Perrigo a royalty (the "Royalty") equal to the greater of: (a) [c.i.] percent ([c.i.]) of the Net Sales Value of Finished Product; or (b) US[c.i.] per Unit. In addition, during each Marketing Year, Purchaser shall pay to Perrigo an annual minimum royalty of US $250,000 (Minimum Royalty shall be renegotiated in the event the parties desire to renew the Agreement or extend the Agreement beyond the Initial Term). If Purchaser does not purchase enough Units of Finished Product during any Marketing Year to pay [c.i.], within [c.i.] after the end of such Marketing Year, Purchaser shall [c.i.] between (x) [c.i.] and (y) the [c.i.] Royalty payments by Purchaser to Perrigo for the Product during the just-concluded Marketing Year.
Amount of Royalty. Licensee shall pay, in United States Dollars, royalties to Callaway Golf for all Net Sales (as defined below) of Licensed Products in the amounts set forth in Exhibit E and subject to the provisions of Section 2.2 of this Agreement. No royalties shall be payable to Callaway Golf with respect to any sales *** CONFIDENTIAL TREATMENT REQUESTED ***
Amount of Royalty. Licensee shall pay to Licensor, on a country-by-country, Product-by-Product basis, a royalty of five per mil (0.5%) of Net Sales of Product per Royalty Year (the “Royalties”).
Amount of Royalty. Tristar shall pay Direct Success monthly a royalty equal to the fixed amount stated below, which varies based on the list wholesale price before freight charged by Tristar to the customer, on Tristar’s receipts from sales of the Product (collected invoices) through all channels of trade except through customers in the United States calling in on a toll free telephone number in direct response to airing of the infomercial (for which there will be no royalty paid to Direct Success, but the profits, if any, derived thereform will be split equally-see Section 3.4). If Tristar includes freight for shipment of the Product to the customer in the wholesale price, the list wholesale price will be adjusted downward to reflect such cost. List Wholesale Price Charged Customer Amount of Royalty Under $18.00 $4.00 $18.00 and above $5.00 In the computation of the royalty, Tristar will take no deductions for returned Products, but may resale such returned Products without further payment of royalties thereon to Direct Success. Tristar reaffirms and agrees that in the event it retains a third party to independently market the Product in the United States, the applicable royalty due Direct Success will be calculated and paid by Tristar as if the sales were made by Tristar on the higher amount sold to (i) the ultimate seller to the consumer if sold by direct response television or direct response print, or (ii) the ultimate seller to the brick and motar retail entity, cataloger, home shopping network or other end marketer.
