Royalty Cap definition

Royalty Cap means two (2) times the Actual Award.

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Royalty Cap shall have the meaning set forth in Section 4.2.1.

Royalty Cap means the aggregate maximum royalties to be paid by Discovery Labs to Battelle for performance of its obligations under the Project Plan during the Term of this Agreement. The amount of the Royalty Cap is set forth in Section 3.D(ii).

Examples of Royalty Cap in a sentence

The Elpida Royalty Cap amount shall be determined quarterly based on the prorated portion of the greater of a) [*] of Elpida’s combined total revenue for the previous [*], or b) [*] per year.
The maximum contributions of the First and Third Container Royalties in any contract year shall not exceed the Container Royalty Cap level.
For the avoidance of doubt, Popeil's rights and remedies under this Paragraph 7 shall subsist and remain in full force and effect with respect to the Turkey Fryer regardless of whether Company has met the Royalty Cap noted in Paragraph 2.F. above.
This Agreement shall terminate upon the payment in full of the Royalty Cap Amount.
The Container Royalty Cap provisions set forth in Article XI, Section 4 of this Master Contract shall not apply to the Second Container Royalty contributions to MILA.

More Definitions of Royalty Cap

Royalty Cap means Forty Million United States Dollars (US$40,000,000).

Royalty Cap. Shall have the meaning set forth in Section 6.4;

Royalty Cap means $725,000,000.

Royalty Cap means [***] of (a) the Purchase Price, if the Buyer receives a valid Tranche 2 Election prior to or on August 31, 2024 or (b) the Tranche 1 Purchase Price, if the Buyer does not receive a valid Tranche 2 Election prior to or on August 31, 2024.

Royalty Cap means Twenty-Five Million Dollars or such lesser amount as provided in Section 3.4(b)(iii).

Royalty Cap has the meaning specified in Paragraph 2 of Exhibit A.

Royalty Cap means ___________ ( ) times the Actual Award.