for Licensed definition

for Licensed. Products shall mean the invoiced billing price to customers or distributors, less only shipping charges, freight, duties, insurance, sales taxes, value-added taxes, customary discounts and credits allowed for returned or defective merchandise (but no reserve for returns). All Percentage Royalties due Licensor shall accrue upon the sale of the Licensed Products regardless of the time of collection by Company. Licensed Products shall be considered "sold" as of the date on which said Licensed Products are invoiced, shipped or paid for, whichever first occurs. If sales are made to any party affiliated with or related to Company, Percentage Royalties shall be computed based upon the regular price for such Licensed Products charged to unrelated third parties. There shall be no deduction from "Net Sales Price" for uncollectable accounts. For purposes of calculating Percentage Royalties, Products that are the same as Licensed Products, except for the labeling or packaging, shall be considered Licensed Products.
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Examples of for Licensed in a sentence

  • Polar shall not have any obligations to provide any updates or new versions of Licensed Material, or maintenance or support for Licensed Materials.

  • Because the invention is not yet commercially viable as of the Effective Date, ***** will diligently develop, manufacture, and sell Licensed Product and will diligently develop markets for Licensed Product.

  • To the extent that this Agreement provides for usage rules for the Licensed Application that are less restrictive than the Usage Rules set forth for Licensed Applications in, or otherwise are in conflict with, the App Store Terms of Service, then those more restrictive terms in the App Store Terms of Service also apply.

  • WebEx® Services are part of the PGi Licensed Services offer and are supplied by Cisco WebEx. By using the WebEx® Services, Customer agrees to be abide by the Additional Terms of Service for Licensed Services, the Terms and Conditions and the WebEx Services terms of use which can be found at ▇▇▇▇://▇▇▇.▇▇▇▇▇.▇▇▇/terms-of-service.html.

  • The Licensee shall manufacture Licensed Products and practice the Licensed Method in compliance with applicable government importation laws and regulations of a particular country for Licensed Products made outside the particular country in which such Licensed Products are used, Sold or otherwise exploited.

  • By using the GlobalMeet Licensed Services, Customer agrees to be abide by the Additional Terms of Service for Licensed Services and the Terms and Conditions.

  • By using the GlobalMeet® Webinar and GlobalMeet Webcast Licensed Services, Customer agrees to abide by the Additional Terms of Service for Licensed Services and the Terms and Conditions.

  • If Support Services (as defined in Section 1 of the Support Addendum) are included in a subscription for Licensed Property as per the applicable Order, such Support Services shall be provided by AvePoint in accordance with the provisions of the Support Addendum.

  • Any expiration or early termination of this Agreement shall be without prejudice to the rights of either Party against the other accrued or accruing under this Agreement prior to termination, including the obligation to pay royalties for Licensed Product sold prior to such termination.

  • This Agreement remains in effect until terminated as provided hereunder, or expiration, as follows: (i) for Licensed Programs, until the expiration of all licenses granted under this Agreement, or (ii) for Online Services, the expiration of the contract term for which Online Services are ordered under this Agreement.