Royalty Amount definition

Royalty Amount means, with respect to a particular Licensed Product sold commercially in the Territory, the actual amount (in Dollars) payable by CKD to Cara as royalty on such sale pursuant to Section 6.3.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Royalty Amount means the absolute dollar amount that VAR agrees to pay Versant each time the Application is distributed and recognized as revenue on VAR's income statement in accordance with Generally Accepted Accounting Principles, as set forth in Exhibit D hereto.

Royalty Amount means, with respect to a particular Licensed Product sold commercially in the Territory, the actual amount (in Japanese Yen ) payable by Maruishi to Cara as royalty on such sale pursuant to Section 6.3.

Examples of Royalty Amount in a sentence

The Initial Royalty Amount shall be reset to zero at the beginning of the second Contract Year.
During the Exclusive Period, on or before each [***] following the Effective Date, Licensee will pay to the University the Minimum Royalty Amount (“MRA”) as specified in the Principal Terms & Milestones List for the indicated MRA Year, wherein MRA Year 0 begins on the [***] following the Effective Date, MRA Year 1 begins on the second [***] following the Effective Date, etc.
Notwithstanding the foregoing, the Running Royalty Amount otherwise due University may never be less than [***].
Only one payment of Earned Royalty shall be due with respect to any Net Sales or only one payment of Earned Royalty Amount shall be due with respect to any Unit of CHIRON Licensed Product Shipped, irrespective of the number of patents or Valid Claims in the CHIRON Licensed Patents covering such CHIRON Licensed Product.
Royalties paid to PalmSource for sales by Wholly Owned Subsidiaries will count toward Licensee’s Minimum Annual Payment and Initial Royalty Amount in Exhibit D (Licensee Products, Royalties and Fees) in the same manner as Royalties paid for sales by Licensee.

More Definitions of Royalty Amount

Royalty Amount has the meaning set forth in Section 2.9(a).

Royalty Amount means for each calendar quarter the sum of seven percent (7%) of Product Revenues in the United States, five percent (5%) of Product Revenues in the Territory outside the United States and [ * ] in the Territory for such calendar quarter; provided, that, in the event that less than 700 Units are issued, such seven percent (7%) and five percent (5%) shall be adjusted by multiplying each by a fraction, the numerator of which is the number of Units issued and the denominator of which is 700.

Royalty Amount has the meaning given thereto in Section 2(a).

Royalty Amount means the amount payable to the Seller pursuant to the Royalty Agreement.

Royalty Amount has the meaning given to such term in Exhibit II.

Royalty Amount means the monthly amounts calculated by the Company that are owed to the royalty participants of the Palo Pinto Assets set forth on Schedule 4.6.

Royalty Amount with respect to sales of Products on or after January 1, 2007 means 50% of Net Profits during a given month. Under no circumstances may the Royalty Amount be less than $0 or may the calculation of the Royalty Amount trigger any payment obligation from Mateveza USA to Butte Creek.