Monetary Third Party Obligations definition

Monetary Third Party Obligations has the meaning set forth in Section 4.1 (b).
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Examples of Monetary Third Party Obligations in a sentence

  • Licensee shall also be obliged to pay the Monetary Third Party Obligations in case of a sublicensing in accordance with this Agreement.

  • Licensee shall not be allowed to make any deductions from these payments under this Section 4.1 (a), provided that at the Effective Date, each and all such Monetary Third Party Obligations have been fully disclosed by ARES to Licensee and duly listed in Schedule 1.28 .

  • Any amounts owed to ARES based on Monetary Third Party Obligations shall be calculated according to the obligations under the Existing Third Party Agreement(s).

  • Simultaneously with the delivery of the report described in Section 4.1 (f) , Licensee shall pay, or cause to be paid, to ARES all royalties, all Monetary Third Party Obligations, and the Sublicensing Fees, accrued pursuant to this Section 4.1 onto such bank account as ARES may from time to time designate in writing.

  • With respect to sales not denominated in Euros, any amounts other than Monetary Third Party Obligations owed to ARES by Licensee shall first be calculated in the currency of sale, and then such amounts shall be converted into Euro using the exchange rate of the European Central Bank on the last day of the Calendar Quarter to which the report relates.