Payments of Royalty Sample Clauses

Payments of Royalty. (a) The Concessionaire shall pay to the Concessioning Authority Royalty per Month equivalent to [●] % ([●] percent) of the Gross Revenue chargeable by the Concessionaire (“the Royalty”).
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Payments of Royalty a) The Concessionaireshallpay to the Concessioning Authority Royaltyper Monthequal to Rs.******per {MT of cargo} handled during the month. (“the Royalty”), provided if actual annual cargois lesser than Minimum Guaranteed Cargo as per Clause 7.1 a (xii) the Minimum Guaranteed Cargo shall be considered for calculation of applicable Royalty and any shortfall in Royalty thus calculated at quoted Royalty shall be payable along with the Royalty payment of the last month of the Financial Year.
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Payments of Royalty. As of the Effective Date of this Agreement, the Republic of Suriname elects to receive its Royalty on Precious Metals ‘in kind’ as refined bullion. Once per year on a calendar year basis during the life of production of Precious Metals from Mines the Republic of Suriname may elect change the payment method. Mineral Agreement between 00 Xxx Xxxxxxxx of Suriname and Suriname Gold Company LLC Notice of election to receive the following year’s Royalty for Precious Metals ‘in cash’ or ‘in kind’ shall be made written notice delivered to Surgold on or before November 1 of each year. In the event no written election is made, the Royalty for Precious Metals will continue to be paid to the Republic of Suriname as it is then being paid. Royalties on Other Minerals may only be paid in cash.
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Payments of Royalty. The Concessionaire shall pay to the Concessioning Authority a Royalty equal to INR _____ per MT on Riverine Cargo handled during the previous month (“Royalty”) commencing from 4th (fourth) anniversary of the COD until Termination. The Concessionaire shall pay to the Concessioning Authority an amount equivalent to the quoted Royalty plus a premium of 20% (twenty percent) on quoted Royalty for Non-Riverine Cargo handled during the previous month for the period commencing from COD until Termination. All such payments shall be exclusive of applicable taxes which the Concessionaire will pay over and above Royalty payments. Royalty per MT of cargo will be indexed to as per the variations in the Wholesale Price Index (WPI) annually. Such revision shall be based on indexation against 60% (sixty percent) of the variation in the WPI for a relevant year beginning 1st January and ending 31st December. Royalty for each month shall be paid on or before the 7th (seventh) day of the following month. Royalty amounts remaining unpaid on respective due dates would carry interest @ 10 year GSec plus 6% (Six percent) per annum from the due date till the date of payment. The Concessionaire shall submit a Monthly Report to the Concessioning Authority showing, among other things, calculation of total cargo throughput in metric tons, for all types of cargo including dry-bulk, break-bulk, liquid-bulk, containers, bagged etc., measured through bill of lading or cargo manifest. For the purpose of Royalty calculation, cargo measurement mechanism as given below may be used: S No Cargo type Cargo measurement 1 Container Gross weight in MT as per bill of lading/cargo manifest 2 Dry bulk As per bill of lading/cargo manifest in MT 3 Liquid bulk As per bill of lading/cargo manifest in MT 4 Break bulk As per bill of lading/cargo manifest in MT 5 Bagged cargo As per bill of lading/cargo manifest in MT 6 Any other cargo As per bill of lading/cargo manifest in MT
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Payments of Royalty a) The Concessionaire shall pay to the Concessioning Authority Royalty per Month equal to Rs.****** per {MT of cargo/ TEUs}26 handled during the month. (“the Royalty”), provided if actual annual cargo/TEUs handled is lesser than Minimum Guaranteed Cargo as per Clause 7.1 a (xii) the Minimum Guaranteed Cargo shall be considered for calculation of applicable Royalty and any shortfall in Royalty thus calculated shall be payable along with the Royalty payment of the last month of the Financial Year.
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Payments of Royalty. Payments of the Royalty shall be made on a calendar quarter basis, within ten (10) business days after the end of each calendar quarter, by check or wire transfer, at the election of Grantee, to the address set forth in Section 6.2.
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Payments of Royalty. 1. The “
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Related to Payments of Royalty

  • 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.

  • 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 day of the Agreement is signed. $0 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 for each instance of Client 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.

  • Royalty Payments (i) Royalties shall accrue when Licensed Products are invoiced, or if not invoiced, when delivered to a third party or Affiliate.

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

  • 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.

  • Running Royalties Company shall pay to JHU a running royalty as set forth in Exhibit A, for each LICENSED PRODUCT(S) sold, and for each LICENSED SERVICE(S) provided, by Company or AFFILIATED COMPANIES, based on NET SALES and NET SERVICE REVENUES for the term of this Agreement. Such payments shall be made quarterly. All non-US taxes related to LICENSED PRODUCT(S) or LICENSED SERVICE(S) sold under this Agreement shall be paid by Company and shall not be deducted from royalty or other payments due to JHU. In order to insure JHU the full royalty payments contemplated hereunder, Company agrees that in the event any LICENSED PRODUCT(S) shall be sold to an AFFILIATED COMPANY or SUBLICENSEE(S) or to a corporation, firm or association with which Company shall have any agreement, understanding or arrangement with respect to consideration (such as, among other things, an option to purchase stock or actual stock ownership, or an arrangement involving division of profits or special rebates or allowances) the royalties to be paid hereunder for such LICENSED PRODUCT(S) shall be based upon the greater of: 1) the net selling price (per NET SALES) at which the purchaser of LICENSED PRODUCT(S) resells such product to the end user, 2) the NET SERVICE REVENUES received from using the LICENSED PRODUCT(S) in providing a service, or 3) the net selling price (per NET SALES) of LICENSED PRODUCT(S) paid by the purchaser. No multiple royalties shall be due or payable because any LICENSED PRODUCT(S) or LICENSED SERVICE(S) is covered by more than one claim of the PATENT RIGHTS or by claims of both the PATENT RIGHTS under this Agreement and “PATENT RIGHTS” under any other license agreement between Company and JHU. The royalty shall not be cumulative based on the number of patents or claims covering a product or service, but rather shall be capped at the rate set forth in Exhibit A.

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

  • Reports; Payment of Royalty During the term of this Agreement following the first commercial sale of a Product, MERCK shall furnish to PROTIVA a quarterly written report for the calendar quarter showing the Net Sales of all Products subject to royalty payments sold by MERCK and its Affiliates in the Territory during the reporting period and the royalties payable under this Agreement. Reports shall be due on the [*] day following the close of each calendar quarter. Royalties shown to have accrued by each royalty report shall be due and payable on the date such royalty report is due. MERCK shall keep complete and accurate records in sufficient detail to enable the royalties payable hereunder to be determined.

  • 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.

  • Royalty Payment For all leased substances that are sold during a particular month, Lessee shall pay royalties to Lessor on or before the end of the next succeeding month. Royalty payments shall be accompanied by a verified statement, in a form approved by Lessor, stating the amount of leased substances sold, the gross proceeds accruing to Lessee, and any other information reasonably required by Lessor to verify production and disposition of the leased substances or leased substances products. Delinquent royalties may be subject to late fees and penalties in accordance with Lessor’s Rules.

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