Minimum Royalty on CDMA Modem Cards Sample Clauses

Minimum Royalty on CDMA Modem Cards. Notwithstanding the applicable royalty for the Sale of any Subscriber Units that are CDMA Modem Cards applying the royalty rate under Section 5.2 above, in no event shall the actual royalty payable for each CDMA Modem Card Sold by LICENSEE or its sublicensed Affiliates to an Unlicensed Customer be an amount that is less than (i) if LICENSEE has Sold at least [***] Complete CDMA Telephones in either the same calendar quarter or in any one of the [***] calendar quarters, the applicable royalty rate for such CDMA Modem Cards as determined by Section 5.2 above multiplied by the average Net Selling Price of all Complete CDMA Telephones Sold by LICENSEE and/or its sublicensed Affiliates in the latest calendar quarter in which LICENSEE and/or its sublicensed Affiliates have Sold at least [***] Complete CDMA Telephones in such calendar quarter, or (ii) if LICENSEE and/or its sublicensed Affiliates have not Sold at least [***] Complete CDMA Telephones in the same calendar quarter or in [***] calendar quarters, the “Minimum Royalty” described in the following table: Year of Sale Minimum Royalty 2005 $[***] 2006 $[***] 2007 and thereafter $[***]
Sample 1Sample 2
AutoNDA by SimpleDocs
Minimum Royalty on CDMA Modem Cards. Notwithstanding the applicable royalty for the Sale of any Subscriber Units that are CDMA Modem Cards applying the royalty rate under Section 5.2 above, in no case shall the actual royalty payable to QUALCOMM for each CDMA Modem Card Sold by LICENSEE be an amount which is less than [***] *** Confidential treatment requested
Sample 1
Minimum Royalty on CDMA Modem Cards. Notwithstanding the applicable royalty for the Sale of any Subscriber Units that are CDMA Modem Cards applying the royalty rate under Section 5.2 above, in no case shall the actual royalty payable to QUALCOMM for each CDMA Modem Card Sold by LICENSEE be an amount which is less than (i) the applicable royalty rate for Subscriber Units as determined in Section 5.2 above multiplied by the average Net Selling Price of the most recent [***] Complete CDMA Telephones Sold by LICENSEE and/or its Affiliates or (ii) if at least [***] Complete CDMA Telephones have not been Sold by LICENSEE or its Affiliates, the “Minimum Royalty” described in the following table: Year of Sale Minimum Royalty 2000 [***] 2001 [***] 2002 [***] 2003 [***] 2004 [***] 2005 [***] 2006 [***] 2007 [***] 2008 and thereafter [***]
Sample 1

Related to Minimum Royalty on CDMA Modem Cards

  • Minimum Royalty At the beginning of each calendar year during the term of this Agreement, beginning January 1, 2016, Company shall pay to Medical School a minimum royalty of {***}. If the actual royalty payments to Medical School in any calendar year are less than the minimum royalty payment required for that year, Company shall have the right to pay Medical School the difference between the actual royalty payment and the minimum royalty payment in full satisfaction of its obligations under this Section, provided such minimum payment is made to Medical School within sixty (60) days after the conclusion of the calendar year. Waiver of any minimum royalty payment by Medical School shall not be construed as a waiver of any subsequent minimum royalty payment. If Company fails to make any minimum royalty payment within the sixty-day period, such failure shall constitute a material breach of its obligations under this Agreement, and Medical School shall have the right to terminate this Agreement in accordance with Section 8.3.

  • Minimum Royalties If royalties paid to Licensor do not reach the minimum royalty amounts stated in Section 3.3 of the Patent & Technology License Agreement for the specified periods, Licensee will pay Licensor on or before the Quarterly Payment Deadline for the last Contract Quarter in the stated period an additional amount equal to the difference between the stated minimum royalty amount and the actual royalties paid to Licensor.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

  • Minimum Annual Royalties Company shall pay to JHU minimum annual royalties as set forth in Exhibit A. These minimum annual royalties shall be due, without invoice from JHU, within thirty (30) days of each anniversary of the EFFECTIVE DATE beginning with the first anniversary. Running royalties and sublicense consideration accrued under Paragraphs 3.3 and 3.4, respectively, and paid to JHU during the one year period preceding an anniversary of the EFFECTIVE DATE shall be credited against the minimum annual royalties due on that anniversary date.

  • Earned Royalty In addition to the annual license maintenance fee, ***** will pay Stanford earned royalties (Y%) on Net Sales as follows:

  • Earned Royalties GEN-PROBE shall pay to PHRI an earned royalty for each sale of a Licensed Kit. GEN-PROBE shall also pay to PHRI an earned royalty for each performance of a Licensed Assay (other than an Assay performed by a customer using a Licensed Kit). The earned royalty for each Licensed Kit and each Licensed Assay shall be determined according to the remainder of this section.

  • License Fee The Licensee to shall make payment of the License Fee to Licensor on the date of this Agreement. All rights granted to Licensee by Producer in the Beat are conditional upon Licensee’s timely payment of the License Fee. The License Fee is a one-time payment for the rights granted to Licensee and this Agreement is not valid until the License Fee has been paid.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

  • Production Royalty The amount of the Royalty shall be determined at the end of each month after the Effective Date. The Royalty shall be determined monthly on the basis such that payments will be determined as of and paid within thirty (30) days after the last day of each month during which Lessee produces any Geothermal Resources. The Royalty rates shall be determined as follows:

  • Minimum Annual Royalty Beginning in the calendar year after the first occurrence of SALEs, and in each succeeding calendar year thereafter, LICENSEE will pay to REGENTS a minimum annual royalty of [Written amount] U.S. Dollars ($ Number) for the life of this AGREEMENT. This minimum annual royalty will be paid to REGENTS by February 28 of each year and will be credited against the earned royalty due and owing for the calendar year in which the minimum payment is made.

Time is Money Join Law Insider Premium to draft better contracts faster.