Royalty and License Payments -- Annualized Net Sales Sample Clauses

Royalty and License Payments -- Annualized Net Sales. Payments shall be made in United States dollars within ninety (90) days after the last day of March, June, September and December for royalties and license fees accruing on annualized Net Sales during the three (3) preceding calendar months. Payment amounts for each three month period will be determined by subtracting payments made in previous calendar quarters of the year from the amount due on Net Sales for all completed calendar quarters in the year. The procedure used to calculate payments is more fully described in Exhibit D.1. Royalties and license fees shall be determined separately, and prior or excess payments on account of one shall not be charged or credited against the other, except for excess license fees associated with Net Sales in the fourth quarter of 2006.
Sample 1
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Related to Royalty and License Payments -- Annualized Net Sales

  • Net Sales The term “

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

  • 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:

  • Sublicense Revenue In the event Licensee or an Affiliate of Licensee sublicenses under Section 2.2, Licensee shall pay CareFusion **THE CONFIDENTIAL PORTION HAS BEEN SO OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND HAS BEEN FILED SEPARATELY WITH THE COMMISSION.** of any Sublicense Revenues resulting from sublicense agreements executed by Licensee.

  • Sublicense Income Company shall pay Medical School {***} of all Sublicense Income. Such amounts shall be due and payable within sixty (60) days after Company receives the relevant payment from the Sublicensee.

  • Gross Sales Notwithstanding anything in the Lease to the contrary the definition of Gross Sales shall be as follows:

  • Royalty Rate Royalties shall be computed at the rate of six percent (6%) of Licensee's Net Sales during the applicable quarterly period.

  • Royalty Fee The Licensee agrees to pay AmericaTowne a monthly fee equal to 7.5% of its Gross Retail Sales (the "Royalty Fee").

  • Earned Royalty In addition, Alnylam will pay Stanford earned royalties on Net Sales as follows:

  • 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

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