Royalty Fees. In further consideration of the distribution rights and related rights granted by Shengqu to the Licensees hereunder, the Licensees shall pay to Shengqu a royalty fee equal to 35% of revenues on a monthly basis.
Royalty Fees. (a) (i) Licensee shall pay to Licensor a royalty (the “Royalty”) for the rights granted to Licensee under this Agreement in an amount equal to five percent (5%) of Gross Revenues.
Royalty Fees. 3.1 From the first month after the installation of the Licensed Software on the Designated Computer, the Licensee shall in addition pay the Licensor a revenue sharing fee, the calculation formula of which is: revenue sharing fee = sales revenue realized by the Licensee through the use of computers which have installed the Licensed Software x 15%.
Royalty Fees. A. Licensee shall pay to Licensor a Destination Club Royalty Fee in an amount equal to:
Royalty Fees. Instructor agrees to register all participants of the BRAIN GYM® 101 Course, or any other course for which the Instructor is approved to teach, on the Brain Gym® curriculum (including but not limited to Optimal Brain Organization, Visioncircles, Double Doodle Play, etc.), with BTi or one of its Approved Affiliates within 15 days of course completion. The enrollment process includes submitting a course roster with the name and email of the course Instructor and each participant, as well as a royalty of ten percent (10%) of the gross revenue less the cost of the manual, received from each student. BTi will not share student data nor email students unsolicited without each student opting in.
Royalty Fees. On or before the 20th day of each calendar month, the Licensee shall pay a royalty fee determined by the following provisions:
Royalty Fees. On or before the 10th day of each calendar month, the Licensee shall pay a royalty fee determined by the following scale based on Gross Sales for the calendar month preceding the date of such payment: Monthly Gross Sales But Not Royalty Greater Than More Than Rate $ 0.00 $ 5,000.00 2.00% $ 5,000.00 $10,000.00 3.00% $10,000.00 $15,000.00 3.50% $15,000.00 $20,000.00 4.00% $20,000.00 $25,000.00 4.50% $25,000.00 N/A 5.00% The calculation of Gross Sales and the corresponding royalty fees shall take place on a cumulative basis. For example, the following formula results in the calculation of the royalty fee on $50,000 of Gross Sales: Royalty Fee = ($5,000 x .02) + ($5,000 x .03) + ($5,000 x .035) + ($5,000 x .04) + ($5,000 x .045) + ($25,000 x .05). The payment of royalty fees, as well as the payment of any other obligations incurred under the terms of this Agreement, shall be made via automated clearing house (ACH) or other electronic means approved by Sonic.
Royalty Fees. Within thirty (30) days after the end of each calendar quarter with respect to which Microsoft owes Licensee any Royalty Fees, Microsoft shall furnish Licensee with a statement, together with payment for any amount shown thereby to be due to Licensee. The statement shall be based upon Gross Receipts for the quarter then ended, and shall contain information sufficient to discern how the Royalty Fees were computed.
Royalty Fees. 3.1 For the rights, privileges and license granted hereunder, LICENSEE shall pay royalty fees to AUBURN in the manner hereinafter provided to the end of the term of the PATENT RIGHTS or until this Agreement shall be terminated: LICENSEE shall pay License Fees due on the first day of the First LICENSE YEAR and every LICENSE YEAR thereafter equal to $10,000 for the first active patent selected in Appendix A, plus $5,000 for each additional active patent selected in Appendix A, as represented by the formula: License Fee = $10,000 + (NP – 1) x $5,000 provided that the value of NP for a given LICENSE YEAR will be determined on the first day of said LICENSE YEAR. Further, if a patent under the PATENT RIGHTS expires in a given LICENSE YEAR, then the License Fee due for the given LICENSE YEAR for the given patent may be prorated based on the number of days remaining before said patent expiration.
Royalty Fees. (i) As partial consideration for the settlement of the Action and the License granted under this Agreement, and in addition to any payments that may be required under Section 3.1(ii) of this Agreement, Licensee shall pay one-million U.S. dollars ($1,000,000) to NetRatings (the “Initial Royalty”). The Initial Royalty shall be deemed immediately owing to NetRatings as of the Effective Date. Notwithstanding the foregoing, and as an accommodation to Licensee, NetRatings shall accept payment of the Initial Royalty in the following manner: (1) within five (5) business days from the date on which Licensee executes this Agreement and receives an original of this Agreement, including all Exhibits, that has been executed by a duly authorized representative of NetRatings, Licensee shall pay one-hundred thousand U.S. dollars ($100,000) to NetRatings, (2) on or before December 16, 2005, Licensee shall pay one-hundred thousand U.S. dollars ($100,000) to NetRatings, and (3) for the calendar quarter commencing January 2006, and continuing therefrom until a total of 40 payments equaling eight-hundred thousand U.S. dollars ($800,000) have been made, within fifteen (15) days following the end of each calendar quarter, Licensee shall pay twenty-thousand U.S. dollars ($20,000) to NetRatings. After the payments required under this Section 3.1(i) have been paid in full, no further royalty fees will be due under this Section 3.1(i). NetRatings: ____ Licensee: _____
