Common use of Earned Royalties Clause in Contracts

Earned Royalties. During the term of this Agreement, Licensee agrees to pay to University an earned royalty of percent ( %) of the Net Sales Revenue for Licensed Product. Earned royalty payments are due and payable within thirty (30) days of the end of each calendar quarter.

Appears in 3 contracts

Samples: For Discussion Purposes Only, For Discussion Purposes Only, For Discussion Purposes Only

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Earned Royalties. During the term of this Agreement, Licensee Xxxxxxxx agrees to pay to University an earned royalty of percent ( %) of the Net Sales Revenue for Licensed Product. Earned royalty payments are due and payable within thirty (30) days of the end of each calendar quarter.

Appears in 1 contract

Samples: For Discussion Purposes Only

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