Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services sold by Licensee or its Sublicensees.
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Samples: research.ncsu.edu
Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services sold by Licensee or its Sublicenseessublicensees. Licensee will pay running royalties when the amount of the running royalties is greater than the Annual Maintenance Fee in a given calendar year per Article 3.07.
Appears in 1 contract
Samples: License Agreement
Running Royalty. At the times and in the manner set forth in this Agreement, Licensee must pay to NCSU a royalty equal to ______percent (%) of the Net Sales of Licensed Products/Services Products sold by Licensee or its Sublicensees.
Appears in 1 contract
Samples: License Agreement
Running Royalty. At the times and in the manner set forth in this License Agreement, Licensee must pay to NCSU a royalty equal to ______two and one-half percent (2.5%) of the Net Sales of Licensed Products/Product and/or Licensed Services sold Sold by Licensee or its Sublicenseessublicensee.
Appears in 1 contract