Common use of Royalty Clause in Contracts

Royalty. Subject to Closing of this Agreement as set forth below, the Licensee shall pay to Licensor, a royalty in the amount of fifteen percent (15%) of the manufactured price of AXENOHL sold by or through the Licensee during a calendar quarter in the Food Processing Market. The Royalty shall be paid on or before the thirtieth (30) day after the close of each calendar quarter for all AXENOHL for which the Licensee has been paid during each calendar quarter adjusted solely for returned or credited product.

Royalty. Subject to Closing of this Agreement as set forth below, the Licensee shall pay to Licensor, a royalty in the amount of fifteen percent (15%) of the manufactured price of AXENOHL sold by or through the Licensee during a calendar quarter in In the Food Processing Dental Market. The Royalty shall be paid on or before the thirtieth (30) day after the close of each calendar quarter for all AXENOHL for which the Licensee has been paid during each calendar quarter adjusted solely for returned or credited product.

Royalty. Subject to Closing of this Agreement as set forth below, the Licensee shall pay to Licensor, a royalty in the amount of fifteen percent (15%) of the manufactured price of AXENOHL sold by or through the Licensee during a calendar quarter in the Food Processing Market. The Royalty shall be paid on or before the thirtieth (30) day after the close of each calendar quarter for all AXENOHL for which the Licensee has been paid during each calendar quarter adjusted solely for returned product or credited product.

Royalty. Subject to Closing of this Agreement as set asset forth below, the Licensee shall pay to Licensor, a royalty in the amount of fifteen percent (15%) of the actual manufactured price of AXENOHL sold by or through the Licensee during a calendar quarter in the Food Processing Point-of-Use Market. The Royalty shall be paid on or before the thirtieth (30) day after the close of each calendar quarter for all AXENOHL for which the Licensee has been paid during each calendar quarter adjusted solely for returned or credited product.

Royalty. Subject to Closing of this Agreement as set forth below, the Licensee shall pay to Licensor, a royalty in the amount of fifteen percent (15%) of the manufactured price of AXENOHL sold by or through the Licensee during a calendar quarter in the Food Processing Dental Market. The Royalty shall be paid on or before the thirtieth (30) day after the close of each calendar quarter for all AXENOHL for which the Licensee has been paid during each calendar quarter adjusted solely for returned or credited product.