Turnover. Turnover shall refer to the amount charged by the Licensee to its/the customers for exploiting the Objects of the Agreement, minus turnover and value added taxes (commissions, discounts, risk premiums, bonuses or annual compensations, payment defaults etc. cannot be deducted, return deliveries of Objects of the Agreement to the Licensee cannot be charged). 1.11.
Appears in 2 contracts
Samples: Patent Licensing Agreement, Patent Licensing Agreement
Turnover. Turnover shall refer to the amount charged by the Licensee Licensee[ and by its sublicensees] to its/the customers for exploiting Exploiting the Objects of the Agreement, minus turnover and value added taxes (commissions, discounts, risk premiums, bonuses or annual compensations, payment defaults etc. cannot be deducted, return deliveries of Objects of the Agreement to the Licensee cannot be charged). 1.11.
Appears in 2 contracts
Samples: Patent Licensing Agreement, Patent Licensing Agreement
Turnover. Turnover shall refer to the amount charged by the Licensee to its/the customers for exploiting the Objects of the Agreement, minus turnover and value added taxes (commissions, discounts, risk premiums, bonuses or annual compensations, payment defaults etc. cannot be deducted, return deliveries of Objects of the Agreement to the Licensee cannot be charged). 1.111.12.
Appears in 2 contracts
Samples: Patent Licensing Agreement, Patent Licensing Agreement
