Royalty Payments to Licensor Sample Clauses

Royalty Payments to Licensor. In partial consideration of the license and other rights granted herein and subject to the terms and conditions set forth in this Agreement, Myriad shall pay Licensor the following royalties:
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Royalty Payments to Licensor. In addition to the foregoing annual ---------------------------- License Fees, subject to Sections 4.1, 4.3 and 4.4, Xxxxxx-Xxxx shall pay to Licensor, commencing with calendar year 2000, a semi-annual royalty of [...***...]% of Net Sales for the preceding six month period for Net Sales related to the Licensed Patents in Group A and [...***...]% of Net Sales for the preceding six month period for Net Sales related to the Licensed Patents in Groups B, C, and X. Xxxxxx-Xxxx'x obligation to pay such royalties shall continue while this Agreement is in effect. Royalty payments are due to Licensor within 30 days after the end of the preceding semi-annual period. Except as provided in Section 2.9(c)(3), hereof, any tax or other assessment on any payment due Licensor under this Section in any country in which such payment accrued shall be paid by Xxxxxx-Xxxx without deduction from the amount owed to Licensor. Xxxxxx-Xxxx shall keep accurate records of all Licensed Products made, used, sold or otherwise disposed of under this Agreement to determine the amount of royalty due for each specific period.
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Royalty Payments to Licensor. As further consideration to Licensor for the license and other rights granted to Elanco under this Agreement, Elanco shall pay during the respective Royalty Term to Licensor (a) [***] percent ([***]%) royalty on Net Sales of Products sold in the Co-Promotion Territory prior to [***], and (b) a [***] percent ([***]%) royalty on Net Sales of Products (i) sold in the Elanco Exclusive Territory prior to [***]; or (ii) sold anywhere in the Territory after [***].
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Royalty Payments to Licensor. Licensee shall pay to Licensor royalties based upon Net Revenues collected by Licensee from the distribution and licensing of the Licensed Programs and Licensee Derivative Works of Licensed Programs during the five (5) year period (the "Royalty Period") commencing on the Closing Date (each of the five (5) years during this Royalty Period is sometimes referred to as a "License Year.") The royalties shall be calculated as follows:
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Royalty Payments to Licensor. 4.1 In consideration of the license granted in paragraph 2 above, Licensee shall pay Licensor a royalty (the "Royalty") as follows:
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Royalty Payments to Licensor 
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Related to Royalty Payments to Licensor

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

  • Royalty Payment For all leased substances that are sold during a particular month, Lessee shall pay royalties to Lessor on or before the end of the next succeeding month. Royalty payments shall be accompanied by a verified statement, in a form approved by Lessor, stating the amount of leased substances sold, the gross proceeds accruing to Lessee, and any other information reasonably required by Lessor to verify production and disposition of the leased substances or leased substances products. Delinquent royalties may be subject to late fees and penalties in accordance with Lessor’s Rules.

  • 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.

  • License Fees and Royalties Consistent with the applicable U.S. DOT Common Rules, the Recipient agrees that license fees and royalties for patents, patent applications, and inventions produced with federal assistance provided through the Underlying Agreement are program income, and must be used in compliance with federal applicable requirements.

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

  • Earned Royalties GEN-PROBE shall pay to PHRI an earned royalty for each sale of a Licensed Kit. GEN-PROBE shall also pay to PHRI an earned royalty for each performance of a Licensed Assay (other than an Assay performed by a customer using a Licensed Kit). The earned royalty for each Licensed Kit and each Licensed Assay shall be determined according to the remainder of this section.

  • PROGRESS AND ROYALTY REPORTS 8.1 For the period beginning [date] LICENSEE will submit to REGENTS a semi-annual progress report covering LICENSEE's activities related to the development and testing of all LICENSED PRODUCTS, LICENSED SERVICES and LICENSED METHOD and the obtaining of necessary governmental approvals, if any, for marketing in the United States. These progress reports will be made for all development activities until the first SALE occurs in the United States.

  • Earned Royalty In addition to the annual license maintenance fee, ***** will pay Stanford earned royalties (Y%) on Net Sales as follows:

  • Royalty Reports After the first commercial sale of a Licensed Product anywhere in the world, LICENSEE shall submit to UNIVERSITY quarterly royalty reports on or before each February 28, May 31, August 31 and November 30 of each year. Each royalty report shall cover LICENSEE’s (and each Affiliate’s and Sublicensee’s) most recently completed calendar quarter and shall show:

  • Third Party Royalties Each party shall be responsible for all of its own costs of commercializing Products or licensing Intellectual Property Rights, including any payments to Third Parties for work done by such Third Parties or for licenses necessary for the manufacture, sale, or use of Products by a party or its Affiliates or sublicensees.

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