Licensed Product unit sold definition

Licensed Product unit sold means each Licensed Product that is invoiced by Licensee and its Sublicensees for a value higher than zero and that has not been returned to and credited by Licensee and/or its Sublicensees.
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Examples of Licensed Product unit sold in a sentence

  • Royalties and Quarterly Reports RoyaltiesIn consideration of the licenses granted in this Use License, Licensee agrees to pay Apple a royalty for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates.

  • In consideration of the licenses granted in this Use License, Licensee agrees to pay Apple a royalty for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates, to the extent a royalty for such Licensed Product is set forth on the then-current Royalty Schedule.

  • With respect to the Licensed Products referred to in Section 7.2, in consideration for the exclusive license granted to Licensee under Section 2.1, for each Licensed Product unit sold by Licensee and its Sublicensees in a given calendar quarter, Licensee will pay Licensor an amount equal to [*].

  • If a Licensed Product is a Power Only Product or a Licensed Product is a Power and Sync Product, then Licensee agrees to pay Apple US$0.50 for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates.

  • If a Licensed Product is a Magnetic Charging Module Product, and such Licensed Product does not also fall under Special Class #1, Special Class #2, Special Class #3, or Special Class #5, then Licensee agrees to pay Apple US$0.50 for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates.

  • Royalties accrued for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates, and/or royalties paid in accordance with an approved Quarterly Report, are final and non-refundable.

  • Special Class #5 (Headset Product) If a Licensed Product is a Headset Product, then Licensee agrees to pay Apple US$0.50 for each Licensed Product unit sold or otherwise distributed by or for Licensee or any of its Affiliates.

  • In early May, 2002, these negotiations ended without an agreement.

Related to Licensed Product unit sold

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Licensed Product means any method, process, composition, product, service, or component part thereof that would, but for the granting of the rights set forth in this Agreement, infringe a Valid Claim contained in the Licensed Patents.

  • Licensed Products means tangible materials which, in the course of manufacture, use, sale, or importation, would be within the scope of one or more claims of the Licensed Patent Rights that have not been held unpatentable, invalid or unenforceable by an unappealed or unappealable judgment of a court of competent jurisdiction.

  • Hemp product means the same as that term is defined in § 3.2-4112.

  • Hemp products means all products made from industrial hemp,

  • New Product means the Synology-branded hardware product and Synology-branded accessories contained in the original packaging Customer bought from an authorized Synology distributor or reseller. You may see our “New Product” at Product Support Status.

  • Royalty-Bearing Product means (a) any Product that is not a Co-Developed Product and (b) any Co-Developed Product to the extent sold outside of the Co-Development Territory.

  • Drug Product means a specific drug in dosage form from a known source of manufacture, whether

  • Finished Product means a cannabis product in its final form to be sold at a retail premises.

  • Licensed Services means all functions performed by the Licensed System.

  • licensed distributor means any holder of a distribution licence.

  • Generic Product means a product which (a) contains as its active pharmaceutical ingredient a compound that is (or is substantially the same as) the Licensed Compound or the active pharmaceutical contained in a Unity Bcl-2 [***] Product, and (b) has been placed on the market pursuant to a validly granted marketing authorization.

  • New Products means any product which is not an Enhanced Product or 2 Existing Product but which is substantially similar to an Existing Product with respect to design and function and possesses reasonable performance improvements. If Company desires to purchase an Enhanced or New Product(s) from Supplier, Company shall so notify Supplier and provide Supplier the opportunity to manufacture such Enhanced or New Product(s), subject to the following conditions and procedures.

  • Marihuana-infused product means a topical formulation, tincture, beverage, edible substance, or similar product containing marihuana and other ingredients and that is intended for human consumption.

  • Aerosol product means a pressurized spray system that dispenses product ingredients by means of a propellant contained in a product or a product's container, or by means of a mechanically induced force. “Aerosol Product” does not include “Pump Spray.”

  • End product means those articles, materials, and supplies to be acquired under the contract for public use.

  • Collaboration Product means a pharmaceutical product containing or comprising Compound in any dosage form alone, or in combination with, one or more other pharmaceutically active ingredients, and any and all Improvements thereto.

  • Licensed Field means all fields of use.

  • Covered Products means Your Applications, Libraries, Passes, Safari Extensions, Safari Push Notifications, and/or FPS implementations developed under this Agreement.

  • Bundled Product means Product sold together with any other product(s) or service(s) at a single unit price, whether packaged together or separately, and which other product(s) or service(s) have material independent value from Product itself.

  • Covered Product The consumer product that You purchased concurrently with and is covered by this Agreement.

  • Tobacco product manufacturer means an entity that after the date of enactment of this Act directly (and not exclusively through any affiliate):

  • Licensed Service means performance of a service for any consideration using a Licensed Product, or the practice of a Licensed Process. For clarity, research and development of Licensed Products by Licensee, its Affiliates, or a Sublicensee does not constitute a Licensed Service.

  • Competing Product means [***].

  • Diagnostic Product means In Vitro Diagnostics, In Vivo Diagnostic Agents and any product used for Diagnosis.

  • SAP Products means Software, Documentation, SAP Materials, Services, Subscription Services, Cloud Services and Maintenance Services. “SAP SDK” means SAP software development kit that includes tools such as APIs, source code, redistributable files and instructions. “Services” means SAP’s then-current services offered under and described in detail in the applicable SAP PartnerEdge Model.