Royalty. 8.1 In consideration of the rights granted under clause 2, the Licensee shall pay to the Licensor royalties, on each twelve month time period, first calculated from the date of execution of this Agreement, and calculated on a scale as follows:
Appears in 9 contracts
Samples: Amended Exclusive License Agreement (Biopower Operations Corp), Amended Exclusive License Agreement (Biopower Operations Corp), Exclusive License Agreement (Biopower Operations Corp)
Royalty. 8.1 In consideration of the rights granted under clause Clause 2, the Licensee shall pay to the Licensor royalties, on each twelve month time period, first calculated from the date of execution of this Agreement, and calculated on a scale as follows:
Appears in 3 contracts
Samples: License Agreement (Biopower Operations Corp), License Agreement (Biopower Operations Corp), License Agreement (Biopower Operations Corp)