Royalty Paying Party definition

Royalty Paying Party means the Party required to pay royalties to the other Party with respect to a Licensed Product pursuant to Section 9.3.
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Royalty Paying Party has the meaning set forth in Section 8.5.
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Royalty Paying Party means the PARTY who is obligated to pay royalties hereunder.
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Examples of Royalty Paying Party in a sentence

  • Each of CIPHERGEN and NEOGENOMICS referred to as the "ROYALTY-PAYING PARTY" or the "ROYALTY-RECEIVING PARTY" hereunder in accordance with the foregoing.

  • Transfer of ROYALTY-PAYINGPARTY LICENSED PRODUCT(S) or ROYALTY-PAYING PARTY LICENSEDSERVICE(S) to an AFFILIATE for sale by the AFFILIATE shall not be considered a sale; in the case of such a transfer the net salesprice shall be based on the gross billing price of theROYALTY-PAYING PARTY LICENSED PRODUCT(S) or ROYALTY-PAYING PARTYLICENSED SERVICE by the AFFILIATE as invoiced to its customer.

  • In the event that the royalties paid in accordance with the forgoing is such a significant factor in the returnrealized by the ROYALTY-PAYING PARTY as to diminish such party's capability 17 to respond to competitive pressures in the market, the other PARTY agreesto consider a reasonable reduction in the royalty as to each PATENT-BASED PRODUCT and/or PATENT-BASED SERVICE for the period during which such market condition exists.

  • Any tax required to be withheld by the ROYALTY-PAYING PARTY under the laws of any foreign country for the account of the ROYALTY-RECEIVING PARTY, shall be promptly paid by the ROYALTY-PAYING PARTY for and on behalf of the ROYALTY-RECEIVING PARTY to the appropriate governmental authority, and the ROYALTY-PAYING PARTY shall use its best efforts to furnish the ROYALTY-RECEIVING PARTY with proof of payment of such tax.


More Definitions of Royalty Paying Party

Royalty Paying Party has the meaning set forth in Section 10.5.
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Royalty Paying Party means, with respect to a Royalty-Bearing Product, the Party obligated to pay royalties to the other Party under the provisions of Section 9.2 and Section 9.4.
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Royalty Paying Party means, with respect to a Royalty-Bearing Product, the Party obligated to pay royalties to the other Party under any of the provisions of Article 5.
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Related to Royalty Paying Party

  • Paying Party shall have the meaning set forth in Section 5.7.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Sublicensee means a third party to whom LICENSEE grants a sublicense of certain rights granted to LICENSEE under this Agreement.

  • Net Sales means [***].

  • Initiating Party means a party who gives notice under section 2 of this Schedule;

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Development Milestone Payment shall have the meaning set forth in Section 9.2(a).