Net Royalties definition

Net Royalties means all royalties, including, without limiting the generality of the foregoing, any one time payment, milestone payment or pass-through royalty, received by the Inventor(s) and the University from the sale, licensing, or other disposition of an Invention or Software, less the costs specifically related to the pro- tection, licensing, distribution, or commercial development of the Invention or Software.

Net Royalties means royalties, net of any withholding taxes, due on Net Sales.

Net Royalties means gross royalties and fees received by the Facility Operator from a Licensee as consideration for commercially licensing any Subject Invention, Copyrighted Project Work or Other Intellectual Property, less the following:

Examples of Net Royalties in a sentence

• Therefor it is better to choose commercial arbitration for dispute resolution between companies from Latvia and Lithuania.

• The Facility Operator is responsible for notifying the Sponsor, on an annual basis, of Net Royalties received as a result of its licensing of intellectual property under this Agreement.

• In the absence of such negotiated value, the Inventors shall receive 32% of the equity Net Royalties.

• After recovery of expenses by the University as provided in subparagraph (b) and contributions to supporting technology transfer at Fairfield University as provided in subparagraph (c), the remaining royalties will be designated Net Royalties.

• First, Net Royalties will be allocated among the licensed Creations as agreed in writing among all Creators or, if no agreement, in equal shares among such Creations.

More Definitions of Net Royalties

Net Royalties means gross royalties received by the Trust during any applicable period less payments to the Trustee, Grantor, and/or Administrator during such period.

Net Royalties means “Gross Royalties” less “Licensing Costs.” “Program” means the scientific research program entitled AURORA;

Net Royalties means (a) the royalties based on NET SALES collected by LICENSEE from its sublicensees for LICENSED PRODUCTS subject to royalties hereunder, less the amount of any tax required to be withheld by a government or governmental agency, and (b) any other fees received by LICENSEE from its sublicensees in respect of the sale, or the right to sell LICENSED PRODUCTS. NET ROYALTIES shall not include amounts paid by a sublicensee to LICENSEE (i) as reimbursement of expenses, (ii) that are payable in respect of research or development or (iii) to fund research and development, or (iv) in respect of the sale of other transfer of LICENSEE'S entire business or of that part of LICENSEE'S business to which the license granted hereby relates.

Net Royalties means Royalties received by the Management Trustee after the deduction of the Royalty Fee.

Net Royalties means Royalties received by Company after the deduction of a 1.0% fee (the “Royalty Fee”) retained by Company.

Net Royalties means the net royalties on all Net Sales of Products actually received by LICENSEE or its Affiliate(s), including the receipt of lump sums as advances against royalties, from non-affiliated licensees in connection with the licensing of any Patent Rights.

Net Royalties an amount (which shall not be in any event less than zero) equal to (a) the aggregate amount of all royalty payments received by any Loan Party from time to time from any Foreign Subsidiary on or after IP Restructure Effective Date minus (b) the sum of (i) the aggregate amount of all payments in respect of Intercompany R&D made by any Loan Party from time to time to any Foreign Subsidiary on or after IP Restructure Effective Date plus (ii) the aggregate CSA Amount on or after IP Restructure Effective Date.