Distribution Rights Fee definition

Distribution Rights Fee means any upfront payment from an entity (commercial or otherwise) for the rights to distribute any product covered by this agreement.
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Examples of Distribution Rights Fee in a sentence

  • In the event that Distributor (i) has paid the Distribution Rights Fee in full, and (ii) has timely met the 10,000 unit milestone, and (iii) informs Altergy in writing that Distributor will not exercise its Option to acquire a license to manufacture, then the Distribution Rights Fee will be returned to Distributor as follows: $1,000 will be refunded for each Altergy fuel cell system in such 10,000 unit milestone order shipped, until the full $10,000,000 has been refunded.

  • If other, non-royalty sublicensing or Distribution Rights Fee payments are made to LICENSEE; LICENSEE SHALL pay LICENSOR fifteen percent (15%) of such payments within the Royalty Period in which LICENSEE received payment from the sublicensee(s) or Distributors.

  • In the event that the Distribution Rights Fee has been paid before TransAct reaches the 10,000 milestone, the paid-in Distribution Rights Fee will be credited toward the License Acquisition Fee payments (described in the License Agreement).