Royalties for Product Sales Sample Clauses

Royalties for Product Sales. For all Licensee sales of the InterWorld Products to each of its End Users in the Territory, Licensee shall pay directly to J Net, as senior secured creditor of InterWorld, a royalty amount of RCT of the Net License Fees. Net License Fees shall be calculated as the actual license fees charged by Licensee to End Users as set forth in Licensee's agreements with its End Users and provided with Licensee's order to InterWorld using the attached Exhibit E less the third party licensor fees described in Section 3.5 and less the royalties as noted in Exhibit A exclusive of fees attributable to support and maintenance, third party licensor royalties and services fees. For example, if the Licensee generates a total sale of RCT with software licenses accounting for RCT, maintenance for RCT, services for RCT and third party royalty payments totaling RCT, then the Net License Fees would be calculated as follows: RCT - RCT = RCT and the royalty amount owed to J Net, as senior secured creditor of InterWorld would be RCT. The royalty shall be due J Net, as senior secured creditor of InterWorld, as it is received by Licensee. Licensee may apply a discount to the license fees listed on the InterWorld Price List included as Exhibit C herein, provided such discount shall not exceed RCT without the prior written authorization of InterWorld.
Sample 1
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Related to Royalties for Product Sales

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  • Net Sales The term “

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  • Licensed Product “Licensed Product” shall mean any article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights. For clarity, a “Licensed Product” shall not include other product or material that (a) is used in combination with Licensed Product, and (b) does not constitute an article, composition, apparatus, substance, chemical material, method, process or service whose manufacture, use, or sale is covered or claimed by a Valid Claim within the Patent Rights.

  • Supply of Product The JDC shall be responsible for determining the sources of, and arrangements for, the manufacture and supply of Products that the JDC believes will result in long-term profit maximization for such Products. The JDC shall endeavor to [ * ].

  • Royalties on Net Sales Novo will pay to Neose royalties as a percentage of annual Net Sales of each New Product during the Term at the applicable rates set forth in this Section 4.1 and in accordance with this Section 4:

  • Royalties 8.1 In consideration of the license herein granted, LICENSEE shall pay royalties to LICENSOR as follows:

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  • Product The term “

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