Royalties to Kodak Sample Clauses

Royalties to Kodak. In partial consideration for the rights granted FED hereunder, FED shall pay Kodak the following royalties on Net Sales of FED Licensed Products:
Sample 1
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Royalties to Kodak. In partial consideration for the rights granted FED hereunder, FED shall pay Kodak the following royalties on Net Sales of FED Licensed Products: (a) on the first [Redacted]* in each year - [Redacted]* for Monochrome - Phase 1 FED Licensed Products, [Redacted]* for Color - Phase 2 and Phase 3 FED Licensed Products, and [Redacted]* for Color - Phase 4 FED Licensed Products; (b) on amounts between [Redacted]* and [Redacted]* in such year - [Redacted]* for Monochrome - Phase 1 FED Licensed Products, [Redacted]* for Color - Phase 2 and Phase 3 FED Licensed Products, and [Redacted]* for Color - Phase 4 FED Licensed Products; (c) on amounts above [Redacted]* in such year - [Redacted]* for Monochrome - Phase 1 FED Licensed Products, [Redacted]* for Color - Phase 2 and Phase 3 FED Licensed Products, and [Redacted]* for Color - Phase 4 FED Licensed Products; and (d) in addition, on January 1 of each year during the term of this Agreement, FED shall pay Kodak an annual minimum royalty fully creditable against the above-referenced royalties, if any, accruing against Net Sales of FED Licensed Products in such year. For the first year, the amount of such annual minimum royalty shall be [Redacted]* , in the second and third years such amount shall be [Redacted]* per year, in years 4 and 5 such amount shall be [Redacted]* per year, and in year 6 and thereafter such amount shall be [Redacted]* per year. Annual minimum royalty payments paid under this Agreement shall represent the total annual minimum royalties due under both the Non-Direct View, Head Mount License and this Agreement. ------------------------ * The redacted portions of this document have been omitted pursuant to a request for confidential treatment and such redacted portions have been filed separately with the Securities and Exchange Commission. <PAGE> With respect to FED Licensed Products which are covered solely by Kodak's Know-how (and not by any Kodak Patent Rights), FED shall pay Kodak royalties on Net Sales of FED Licensed Products as set forth in this section for the term of this Agreement as specified in Section 8.1, except that royalties shall be [Redacted]* of the Net Sales of such products. A "year" shall mean each calendar twelve (12) month period or portion thereof ending on December 31 during the term of this Agreement. 4.3
Sample 1

Related to Royalties to Kodak

  • 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:

  • Know-How Royalty Notwithstanding the provisions of Section 5.4.1(a), in countries where the sale of Product by Merck or its Related Parties would not infringe a Valid Patent Claim, Merck shall pay royalty rates that shall be set at [***] of the applicable royalty rate determined according to Section 5.4.1(a). Such royalties shall be calculated after first calculating royalties under Section 5.4.1(a).

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

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

  • 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.

  • Royalty Licensee shall pay Licensor a royalty equal to the Royalty Rate times Net Sales.

  • 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

  • License Maintenance Fees COMPANY shall pay to M.I.T. the following license maintenance fees on the dates set forth below: [January 1, year] [dollar amount] [January 1, year] [dollar amount] [and each January 1 of every year thereafter] [dollar amount] This annual license maintenance fee is nonrefundable; however, the license maintenance fee may be credited to running royalties subsequently due on NET SALES earned during the same calendar year, if any. License maintenance fees paid in excess of running royalties due in such calendar year shall not be creditable to amounts due for future years.

  • 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 Floor Notwithstanding the foregoing, during any Calendar Quarter in the Royalty Term for a Licensed Product in a particular region in the Territory, the operation of Section 9.3(c), individually or in combination shall not reduce the final royalty rate to [***].

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