Royalty Rate definition
Royalty Rate means the percentage defined in Exhibit B.
Royalty Rate shall have the meaning set forth in Section 6.1.
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
If aggregate annual Net Revenues include Net Revenues from any Pipeline Products other than AMG 757, Net Revenues for each Pipeline Product, including AMG 757, will be distributed proportionately (based on the percentage of Net Revenues attributable to each applicable Pipeline Product) across each Royalty Rate tier.
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 [*] with respect to a 505(b)(2) application and [*] with respect to an ANDA application.
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.