Royalties Payable. 8.10.1 For each Licensed Product, in partial consideration for the licenses and other rights granted to Jazz and its Affiliates herein, and subject to the terms and conditions of this Agreement, during the applicable Royalty Term for each country in the Territory, excluding the Shared Territory if Codiak has exercised its Development and Commercialization Option, Jazz will pay royalties to Codiak on Net Sales in the Territory by Jazz, its Affiliates or its Sublicensees on a Licensed Product-by-Licensed Product basis as follows: Calendar Year Net Sales of the Applicable Licensed Product in the Territory (excluding the Shared Territory in the case of exercise of the Development and Commercialization Option) Royalty Rate For the portion of Net Sales of such Licensed Product in all Indications in any given Calendar Year less than or equal [***] [***] For the portion of Net Sales of such Licensed Product in all Indications in any given Calendar Year greater than [***] and less than or equal to [***] [***] For the portion of Net Sales of such Licensed Product in all Indications in any given Calendar Year greater than [***] and less than or equal to [***] [***] For the portion of Net Sales of such Licensed Product in all Indications in any given Calendar Year greater than [***] [***] The obligation to pay royalties applies only once with respect to the same unit of Licensed Product sold by Jazz, its Affiliate or Sublicensee.
Royalties Payable. 7.1. Save as otherwise provided herein, the Producer shall pay to the Society in relation to each Karaoke Product, the royalties set out in this clause. Subject to sub-clauses 7.3, 7.4 and 7.5, the appropriate royalty shall be applied to the Published Dealer Price applicable to the relevant Karaoke Product in the relevant Quarter on the day of the Shipment of the Karaoke Product from the Warehouse.
Royalties Payable. 11.1 Save as otherwise provided herein, the royalties payable in relation to each order of Discs shall be 8.5% of the Published Dealer Price which will be applicable to the relevant Discs on the date of first distribution thereof, applied to the number of Discs the subject of that order.
Royalties Payable. 5.6.1 In consideration for the Development and Commercialization License granted to Sanofi herein, and subject to the terms and conditions of this Agreement, during the applicable Royalty Term, on a Licensed Product-by-Licensed Product and country-by-country basis, subject to Section 5.15, Sanofi will pay to Ablynx non-refundable (except in case of material error) royalties on the annual Net Sales of such Licensed Product at the rates set forth below: Annual Global Net Sales of the Applicable Licensed Product Royalty Rate [...***...] [...***...] [...***...] [...***...] [...***...] [...***...] [...***...] [...***...]
Royalties Payable. Xxxxxxx shall pay ACI royalties on aggregate Net Sales of all Products in each Calendar Year in the Territory at the royalty rates set out below. The period in which royalties are payable for a Product commences with the First Commercial Sale of the Product in a country and ends, with respect to that Product in that country upon the later to occur of (i) ten years from First Commercial Sale of the Product in that country or (ii) expiration of the last-to-expire Valid Claim of the ACI Patent Rights, Xxxxxxx Patent Rights as set out in clause b of the definition (and not those set out in clause a) or Joint Patent Rights in that country that but for the licenses granted herein, would be infringed by the making, using, selling, offering for sale, keeping or importing of such Product or (iii) expiration of regulatory or data exclusivity granted by a Regulatory Authority that prevents a Third Party from obtaining an approval to sell a Biosimilar Product having a Peptide for a use similar to a Product in that country. Calendar Year Net Sales Royalty Rate for Lead Product (%) Royalty Rate for Back- up Product (%) [*****] [*****] [*****] CONFIDENTIAL TREATMENT REQUESTED UNDER RULE 406 UNDER THE SECURITIES ACT OF 1933, AS AMENDED. [*****] INDICATES OMITTED MATERIAL THAT IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST FILED SEPARATELY WITH THE COMMISSION. THE OMITTED MATERIAL HAS BEEN FILED SEPARATELY WITH THE COMMISSION. [*****] [*****] [*****]
Royalties Payable. 11.1 Save as otherwise provided herein, the Producer shall pay to the Licensor or (where the Licensor so directs) to the Society’s member in relation to each Disc which reproduces one or more Musical Work(s) in the Society’s repertoire a royalty of eight and a half percent (8.5%) of the Published Dealer Price applicable to the relevant Disc on the day of the Shipment of the Disc from the Warehouse.
Royalties Payable. 7.1 Save as otherwise provided herein, the Producer shall pay to the Society in relation to each Product, the royalties set out in this clause. Subject to sub- clauses 7.3, 7.4 and 7.5, the appropriate royalty shall be applied to the Published Dealer Price applicable to the relevant Product on the day of the Shipment of the Product from the Warehouse.
Royalties Payable. 7.1 Save as otherwise provided herein, the Producer shall pay to the Society in relation to each Disc which is licensed under this Agreement, the royalties set out in this clause. Subject to sub- clauses 7.6 and 7.7 the appropriate royalty shall be applied to the Published Dealer Price applicable to the relevant Disc on the day of the Shipment of the Disc from the Warehouse.
Royalties Payable. For each Product which VEL sells, leases or “Otherwise Transfers” (as defined in Section 7.1.2 below) to a third party, VEL shall pay to Corning [*REDACTED*] percent ([*REDACTED*]%)of the Actual Net Sales Price (as defined below). In the event (1) VEL exercises its rights to obtain Dye from a third party supplier under Section 4.5 due to Corning’s inability to Supply Dye and (2) the price to purchase the Dye from said third party supplier exceeds the prices set forth in Exhibit B, then VEL shall have the right to subtract this price differential from the [*REDACTED*] percent ([*REDACTED*]%) royalty otherwise payable to Corning up to and including a price differential that amounts to the entire [*REDACTED*] percent ([*REDACTED*]%) royalty relating to the Products manufactured using the third party supplier’s Dyes. In the event that the dye is purchased from the third party supplier at a lower price than the prices set forth in Exhibit B, then VEL shall add the difference to the royalty payments relating to the Products manufactured using the third party supplier’s Dyes.
Royalties Payable. In consideration of the work set forth in the License Agreement referenced above, Bitstream shall pay to Tumbleweed a royalty for licensing the Product(s) listed on EXHIBIT A-1 in the manner described in Section 4 above.
