Royalty Rate definition

Royalty Rate means the percentage defined in Exhibit B.

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Royalty Rate has the meaning set forth in Section 6.5.1.

Royalty Rate means the percentage of the interests described in Subsection (2)(b)(i) as defined by a contract between the United States, the state, an Indian, or an Indian tribe and the oil or gas producer.

Examples of Royalty Rate in a sentence

• Licensee shall pay Licensor a royalty equal to the Royalty Rate times Net Sales.

• Licensee shall pay Licensor a royalty equal to the Royalty Rate time Net Sales.

• As of the date hereof, the Company’s issued and outstanding shares of common stock are registered pursuant to Section 12(b) of the Exchange Act and are listed for trading on Nasdaq under the symbol “ACAH” (it being understood that the trading symbol will be changed in connection with the Transaction).

• Subject to the remainder of this Section 11.3, Celgene will pay to Bluebird running royalties, on a Licensed Product-by-Licensed Product basis, based on the total aggregate annual Net Sales by Selling Parties of such Licensed Product for ROW Administration in a given calendar year based on the Royalty Rate in the table set forth below.

• Less Allowances (On a separate page, please indicate the reasons for returns or other adjustments if significant.) • Net Sales • Royalty Rate (Please note any unusual occurrences that affected royalty amounts during this period.

More Definitions of Royalty Rate

Royalty Rate has the meaning set forth in Section 9.5.

Royalty Rate means the royalty rate or rates set out in Schedule 2.

Royalty Rate has the meaning assigned that term in Section 4.1.

Royalty Rate means the applicable reference royalty rate per unit of the respective Licensed Product as stipulated in Section 3.1.2.

Royalty Rate means (i) with respect to any PRODUCT that is subject to a 505(b)(2) application, [*] and (ii) with respect to any PRODUCT that is subject to an ANDA application, [*]; provided, however, that, with respect to the BENDAMUSTINE PRODUCTS, the ROYALTY RATE means [*].” (d) Amendment to Section 3.2. Section 3.2 of the 2008 Eagle/▇▇▇▇▇▇ Agreement is hereby amended by deleting such Section its entirety and replacing it with the following: “For the applicable ROYALTY TERM for each PRODUCT, EAGLE shall pay ▇▇▇▇▇▇ royalties on sales of PRODUCTS by EAGLE and its AFFlLIATES in the TERRITORY in an amount equal to the ROYALTY RATE multiplied by the GROSS PROFIT from the number of units of PRODUCTS sold; provided, however, that, (i) at any time during [*] after the FIRST COMMERCIAL SALE of a PRODUCT, there is no VALID PATENT CLAIM covering the manufacture, use, import or sale of such PRODUCT in a country in the Territory, then (i) with respect to a PRODUCT (or any REPLACEMENT PRODUCT, as applicable) other than the BENDAMUSTINE PRODUCTS, the ROYALTY RATE shall be reduced to [*] in such country. Notwithstanding the foregoing, EAGLE shall no longer have an obligation to pay royalties to ▇▇▇▇▇▇ or any of’ its AFFILIATES in respect of the sales of BENDAMUSTINE PRODUCTS after EAGLE has paid royalties to ▇▇▇▇▇▇ in an amount equal to [*] from the sales of BENDAMUSTINE PRODUCTS (the “ROYALTY CAP”) and, after EAGLE shall have paid the ROYALTY CAP, the license in respect of the BENDAMUSTINE PRODUCTS shall be [*].” (e) Amendment to Section 8.4. Section 8.4 of the 2008 Eagle/▇▇▇▇▇▇ Agreement is hereby amended by adding the following sentence: ‘‘Notwithstanding the foregoing, ▇▇▇▇▇▇ and any of its AFFILIATES shall be entitled to develop, manufacture and Commercialize ANDA formulations for its own account in respect of [*].” (f) Effect on the 2008 Eagle/▇▇▇▇▇▇ Agreement. Except as specifically amended herein, the 2008 Eagle/▇▇▇▇▇▇ Agreement, al1 other documents, instruments and agreements executed and/or delivered in connection then with, shall remain in full force and effect, and are hereby ratified and confirmed.

Royalty Rate means the percentage of NET SALES to be paid by LICENSEE to OWNER.

Royalty Rate means (i) with respect to any PRODUCT that is subject to a 505(b)(2) application, [*] and (ii) with respect to any PRODUCT that is subject to an ANDA application, [*]; provided, however, that, with respect to the BENDAMUSTINE PRODUCTS, the ROYALTY RATE means [*].”