Product Royalty. With respect to actual Net Sales of Licensed Products during the License Term, within sixty (60) days following the close of each calendar quarter, Otsuka shall pay to GW Pharma a product royalty, subject to applicable adjustments, if any, equal to (i) *** percent (***%) of actual Net Sales during such calendar quarter by itself and its sublicensees or (ii) *** percent (***%) of actual Net Sales during such calendar quarter by itself and its sublicensees at any time that there does not exist a Valid Claim which would be infringed by the making, using or selling of such Licensed Product but for the licenses granted pursuant to this Agreement (the “Product Royalty”).
Product Royalty. Pharsight will pay Duke a royalty of [ * ] for each annual Customer subscription license allowing use of the Product. No royalty will be due for evaluation licenses allowing a Customer limited use of the Product, provided Pharsight receives no revenue for such evaluation licenses, or for use of the Product in Customer training programs.
Product Royalty. Pharsight will pay Xxxxxxxx a royalty of [ * ] for each annual Customer subscription license allowing use of the Product. No royalty will be due for evaluation licenses allowing a Customer limited use of the Product, provided Pharsight receives no revenue for such evaluation licenses, or for use of the Product in Customer training programs.
Product Royalty. As consideration for the licenses granted in Section 2.1(b), Licensee shall pay Gilead the following royalties on Net Sales of Product in the Territory for the duration of the Royalty Term:
Product Royalty. Contract Year 1: $144,000 annually (minimum) Contract Year 2: Greater of: $8,000/month or 110% of the average monthly number of units shipped in Year 1/month. Contract Year 3: 110% of the average number of Royalty Units shipped in Year 2. Renewal Terms: Negotiable, but not less than $5,000 per month. In the event the monthly amount exceeds the minimum, then Mannatech will pay a royalty on a per Royalty Unit basis. The cost will be adjusted down as follows: 1-540,000 Units = $1.00 per Royalty Unit 540,001 - 1,540,000 = .90 per Royalty Unit Over 1,540,000 = .80 per Royalty Xxxx
Product Royalty. In the event of a Type 1 Product, the applicable royalty shall be: (i) [ *** ] percent [ *** ] of annual Net Sales of [ *** ] Product sold by INNX, its Affiliate or sublicensee; (ii) [ *** ] percent *** TEXT OMITTED AND FILED SEPARATELY CONFIDENTIAL TREATMENT REQUESTED [ *** ] of annual Net Sales of [ *** ] Product sold by INNX, its Affiliate or sublicensee; or (iii) [ *** ] percent [ *** ] of annual Net Sales of [ *** ] Product sold by INNX, its Affiliate or sublicensee.
Product Royalty. If the Product is a [ * ] Product, Wyeth-Ayerst shall pay to CoCensys the following running marginal royalty:
Product Royalty. In consideration of the rights granted by Meiji to Xxxxx under Section 2.1, Xxxxx shall pay to Meiji a royalty on Net Sales of the Products (“Royalties”) at a royalty rate equal to [***] percent ([***]%) on a Product-by-Product and country-by-country basis during the Royalty Term. Upon the expiration of the Royalty Term for a given Product in a given country, no further royalties shall be payable on Net Sales of such Product in such country. Portions of this Exhibit, indicated by the xxxx “[***],” were omitted and have been filed separately with the Securities and Exchange Commission pursuant to the Registrant’s application requesting confidential treatment pursuant to Rule 406 of the Securities Act of 1933, as amended.
Product Royalty. MFW The greater of 12% Net Receipts or $25 per unit. MFW - Site License agreements 12% of Net Receipts.
Product Royalty. SDR Memory Controller 1.0% of Net Sales DDR Memory Controller 2.0% of Net Sales DDR2 Memory Controller DDR3 Memory Controller GDDR3 Memory Controller GDDR4 Memory Controller 2.0% of Net Sales 2.0% of Net Sales 2.0% of Net Sales 2.0% of Net Sales During the period described in Section 3.1(b) above, the royalties for SDR Memory Controllers shall be due solely to the extent there exists at least one Rambus Applicable Patent Claim covering SDR Memory Controllers.
