Payment of Fees and Royalties Sample Clauses

Payment of Fees and Royalties. All fees and royalties due under this Article 4.0 are to be paid in U.S. dollars. For conversion of foreign currency to U.S. dollars, the conversion rate shall be the foreign exchange rate quoted in The Wall Street Journal on the last day of the calendar quarter in which Net Sales occurred and for which a rate is quoted. All payments shall be made by check or if by wire transfer to ActivX’s account in accordance with the following instructions (unless amended by fifteen (15) days’ written notice): * * * Any taxes or other expenses incurred in the transfer or conversion to U.S. dollars shall be for the account of and be paid entirely by ActivX. Phenomix may offset any amounts so paid against amounts otherwise due to ActivX.
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Payment of Fees and Royalties. Purchaser shall pay to Seller the fees, royalties and purchase prices set forth in ARTICLES 1 and 2 above in accordance with the time periods and the payment terms set forth therein. In addition, Purchaser, in accordance with SECTION 1.2 above, shall provide to Seller: (a) within ten (10) business days after the end of each calendar quarter a report indicating the estimated number of Net Revenue Units of Products sold by Purchaser and the estimated number of *** Cartridges sold for revenue (excluding returns and credits) by *** in the immediately preceding calendar quarter; and (b) a final report, which will accompany the royalty payments set forth in Section 1.2 above, indicating the actual number of Net Revenue Units of Products sold by Purchaser and the actual number of *** Cartridges sold for revenue (excluding returns and credits) by *** in the immediately preceding calendar quarter.
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Payment of Fees and Royalties. All payments required under this Section are imposed by and payable to Us or our affiliates, and are non-refundable except as expressly provided in this Agreement. All payments must be made by any method We reasonably specify, including check, cash, certified check, money order, credit or debit card, automatic pre-authorized payment plan, electronic funds transfer, or the Internet. You shall be required to pay all service fees and advertising fees (plus any applicable interest) monthly by electronic funds transfer initiated by Us if on at least three occasions during any calendar year, You have failed to make any payment to Us by the due date. If You are required to pay by electronic funds transfer, You shall, upon Our demand, promptly execute and deliver to Us all documents required by Us to facilitate automatic cash transfer payments from Your account to Our account, including granting Us the right to estimate Your Advertising Fee, and initiate an electronic transfer of such estimate for any month or week, if paying weekly, where You do not report Your Gross Receipts to Us by the due date. If You have been required to pay monthly by electronic funds transfer, and if You have for a period of one year timely paid to Us all required fees (including interest) by electronic funds transfer, and if You are not otherwise in default to Us, then at Your request, You may return to a method of payment other than electronic fund transfer. You must sign an Authorization for Electronic Withdrawal, set forth as Attachment 4, and We may require You to automatically make any payments electronically. All payments to Us and dollar amounts stated in this Agreement are in U.S. dollars unless otherwise expressed. We will not require You to deposit all Your revenue into an account that We control, or from which withdrawals may be made only with Our consent, except to secure a loan or financing arrangement by Us.
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Payment of Fees and Royalties 
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Related to Payment of Fees and Royalties

  • Fees and Royalties The parties hereto understand that the fees and royalties payable by LICENSEE to UNIVERSITY under this Agreement are partial consideration for the license granted herein to LICENSEE under Patent Rights. LICENSEE shall pay UNIVERSITY:

  • Payments and Royalties 6.1 RIGEL shall upon the Effective Date:

  • Payment of Royalties To the best of Seller’s knowledge, all royalties and in-lieu royalties with respect to the Assets which accrued or are attributable to the period prior to the Effective Time have been properly and fully paid, or are included within the suspense amounts being conveyed to Buyer pursuant to Section 11.4.

  • Royalty Fees In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.

  • Payment of Fees All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Lender, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances.

  • License Fees If so provided in the Prospectus, the Depositor may enter into a Licensing Agreement (the "Agreement") with a licensor (the "Licensor") described in the Prospectus in which the Trust(s), as consideration for the licenses granted by the Licensor for the right to use its trademarks and trade names, intellectual property rights or for the use of databases and research owned by the Licensor, will pay a fee set forth in the Agreement to the applicable Licensor or the Depositor to reimburse the Depositor for payment of the expenses. If the Agreement provides for an annual license fee computed in whole or part by reference to the average daily net asset value of the Trust assets, for purpose of calculating the accrual of estimated expenses such annual fee shall accrue at a daily rate and the Trustee is authorized to compute an estimated license fee payment (i) until the Depositor has informed the Trustee that there will be no further deposits of additional Securities, by reference to an estimate of the average daily net asset value of the Trust assets which the Depositor shall provide the Trustee, (ii) thereafter and during the calendar quarter in which the last business day of the period described in clause (i) occurs, by reference to the net asset value of the Trust assets as of such last business day, and (iii) during each subsequent calendar quarter, by reference to the net asset value of the Trust assets as of the last business day of the preceding calendar quarter. The Trustee shall adjust the net asset value (Trust Fund Evaluation) as of the dates specified in the preceding sentence to account for any variation between accrual of estimated license fee and the license fee payable pursuant to the Agreement, but such adjustment shall not affect calculations made prior thereto and no adjustment shall be made in respect thereof.

  • ROYALTIES AND REIMBURSEMENT 6.1 The Licensee agrees to pay the IC a noncreditable, nonrefundable license issue royalty as set forth in Appendix C.

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Payment of Royalty Client will pay to Yanbor a royalty which shall be calculated as follows: Term “licensed period” means the period of one year started when the Agreement is signed or renews. The first license period starts on the end day of trial if Agreement is signed and the first payment was received by Xxxxxx. $18,000 shall be paid when the Agreement is signed and renews for the next licensed period and $1,000 shall be paid for each installment of OUReports by Client or Client customers for each instance of database/namespace during licensed period. With each royalty payment, Client will submit to Xxxxxx the written report that sets forth the calculation of the amount of the royalty payment.

  • 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.

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