Royalty Amount definition

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.

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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.

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.

Examples of Royalty Amount in a sentence

• The Initial Royalty Amount shall be reset to zero at the beginning of the second Contract Year.

• Notwithstanding the foregoing, the Running Royalty Amount otherwise due University may never be less than [***].

• 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.

• 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 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.

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

Royalty Amount has the meaning set forth in Section 9.3.4(a) (Maximum Supply Price Reduction).

Royalty Amount means the amount using the following formula: (A X B) ÷ C

Royalty Amount means Seven Million Dollars ($7,000,000.00).

Royalty Amount means the amount equal to 15% of the Net Sales Price of Dexterity Products sold by LifeQuest, or any of its Affiliates or any Licensee, assignee or successor of LifeQuest or any of its Affiliates, during the period commencing on the effective date of this Agreement and ending on the last day of the eighty-fourth (84th) full calendar month thereafter (the "Royalty Period").

Royalty Amount. In consideration for the grant of the license set forth in Section 3.1 above, during the Royalty Period, [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***] shall pay to CIMA a royalty on combined Net Sales of Licensed Product as follows: [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***] For example, if annual Net Sales of Licensed Products in a given year are [***CONFIDENTIAL TREATMENT REQUESTED, PORTION OMITTED FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.***].