Basic Percentage Sample Clauses
The BASIC PERCENTAGE clause establishes a fixed percentage rate that will be used as a basis for calculating payments, fees, or other financial obligations under the agreement. Typically, this percentage is applied to a defined base amount, such as gross sales, net profits, or another specified metric, to determine the amount owed by one party to another. By clearly specifying the applicable percentage, this clause ensures transparency and consistency in financial calculations, reducing the risk of disputes over payment amounts.
Basic Percentage. The Basic Percentage for a Policy Year will be determined by reference to the RSF Balance Percentage (determined as of the end of the previous Policy Year) in accordance with the following table: Basic Percentage --------------------------------------------------------------- FIRST SECOND THIRD FOURTH FIFTH AND POLICY POLICY POLICY POLICY FOLLOWING YEAR YEAR YEAR YEAR POLICY YEARS ---- ---- ---- ---- ------------ (***) *** Denotes confidential information that has been omitted from the exhibit and filed separately accompanied by a confidential treatment request with the SEC pursuant to Rule 24b-2 of the Exchange Act.
Basic Percentage. FIRST SECOND THIRD FOURTH FIFTH AND POLICY POLICY POLICY POLICY FOLLOWING YEAR YEAR YEAR YEAR POLICY YEARS ---- ---- ---- ---- ------------ (***)
Basic Percentage. The Executive’s Basic Percentage will be the applicable Basic Percentage determined pursuant to the table below based on the aggregate Years of Service Credit credited to the Executive at his date of termination: Aggregate Years of Service Credit Total Basic Percentage 6 138 % 12 276 % 18 414 % 24 425 % 30 425 % In no event may the Executive’s Basic Percentage exceed 425%.
Basic Percentage. With respect to commercial supply of Packaged Products for Selected Drug Candidates to be sold in the Novartis Territory, Novartis shall pay to Idenix a price equal to [**] percent ([**]%) (the "Basic Percentage") of the Net Sales of such Packaged Products in the relevant Novartis Territory.