Earned Royalty is defined in Article 6.1.

Earned Royalty means Sublicensee Royalty (as defined in Paragraph 8.2) and Royalty (as defined in Paragraph 9.1)

Earned Royalty has the meaning set forth in Section 4.6.

Examples of Earned Royalty in a sentence

Books and records must be preserved for at least five (5) years from the date of the Earned Royalty payment to which they pertain.
The minimum annual royalty will be paid to The Regents by February 28 of each year and will be credited against the Earned Royalty due for the calendar year in which the minimum payment was made.
COMPANY agrees to notify MAYO immediately if COMPANY enters into any additional license(s) with a third party or parties that would affect the Earned Royalty amount received by MAYO.
The Minimum Annual Royalty will be credited against the Earned Royalty due and owing with respect to Net Sales made during the calendar year in which such Minimum Annual Royalties were paid.
After the first Sale of a Licensed Product or a Licensed Service, Licensee will make quarterly royalty reports to The Regents, to be accompanied by the corresponding Earned Royalty payment as required in Paragraph 5.2, within sixty (60) days after the quarters ending March 31, June 30, September 30, and December 31, of each year.

More Definitions of Earned Royalty

Earned Royalty shall have the meaning specified in Paragraph 1 of Exhibit A.

Earned Royalty means Sublicensee Royalty (as defined in Paragraph 6.3) and Royalty (as defined in Paragraph 7.1)

Earned Royalty means the royalty payable to Licensor on Products.

Earned Royalty and "Earned Royalty Amount" shall have the meanings specified in Paragraph 1 of Exhibit A.

Earned Royalty has the meaning set forth in Section 3.3.

Earned Royalty or “Earned Royalties” means any cash consideration received by AMI for the sale, sublicensing, or other disposition of PRODUCTS. Earned Royalties may include, without limitation, license fees, cash maintenance payments, and cash royalties charged on any sales of PRODUCTS by AMI or a SUBLICENSEE.

Earned Royalty means royalty based upon use of a licensed invention (usually, a percentage of sales or of units sold). Not a license issue fee or a minimum royalty.