No Royalty Clause Samples
The No Royalty clause establishes that no royalty payments are required for the use of certain intellectual property or materials covered by the agreement. In practice, this means that one party can use, reproduce, or distribute the specified content without owing ongoing fees or percentage-based payments to the other party. This clause is commonly used to simplify financial arrangements and eliminate the administrative burden of tracking and paying royalties, thereby providing cost certainty and reducing potential disputes over payment obligations.
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No Royalty. For all purposes, ▇▇▇▇▇▇ has been fully paid for the License and other rights granted to TIMET under this Agreement (except as otherwise provided in this Agreement) and no royalties, fees, payments, charges or other consideration shall be due from TIMET on account of the License or this Agreement or TIMET’s (or sublicensee’s) use of the License or other rights granted pursuant to this Agreement. The above is not intended to relieve TIMET in any way of payment obligations under the Conversion Agreement.
No Royalty. Nothing herein shall be construed to create, expressly or by implication, a royalty between the Purchaser on the one hand and any Banro Group Entity on the other hand.
No Royalty. MUTUAL is not required to pay any royalty or other payment to any Person with respect to the use, sale of, or practice of any of the Purchased Assets.
No Royalty. The grant of the license hereunder is made without royalty or other fee payable by Licensee.
No Royalty. The rights granted by Author to Essential Theatre in Section 3.01 are royalty-free. Notwithstanding Section 1.03, Essential Theatre shall pay no royalty or other additional compensation to Author for its live production of the Play in 2016.
No Royalty. Except as expressly provided in Section 2.2 and 2.3 above, Elpida shall have no obligation to make any payment, including any royalty payment under the Advanced Memory Agreements relating to the technology of [*] or [*], or the Fee Triggering Technology.
No Royalty. For all purposes, the Company has been fully paid for the License and no royalties, fees, payments, charges or other consideration shall be due from the Customer on account of the License or this Agreement or the Customer’s (or sublicensee’s) use of the License or other rights granted pursuant to this Agreement.
No Royalty. 3.1. Licensee will have the right to use the Trademark for any Permitted Use during the Term of this Agreement on a royalty-free basis. Licensee shall have no obligation to use the Trademark or to sell or attempt to sell any Dip Products in association with the Trademark.
No Royalty. 3.01 To the best of the Optionor’s knowledge, the Property is not subject to any royalties except as noted on Exhibit 2 attached hereto.
No Royalty. Publisher shall not be obligated to pay Red Mile any royalties for units of a Developed Title given or sold to Red Mile, Publisher’s licensors or the First Party.