Royalty Rebate definition

Royalty Rebate means the rebate of 50per cent of the relevant royalty payment after the receipt of each quarterly royalty payment by the Department.
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Examples of Royalty Rebate in a sentence

  • The Royalty Rebate shall not affect the Basic Royalty computation.

  • For example, applying the figures of Section 5.3, if the SRR is [*] namely [*] and if the Net Sales for the same Marketing Year in countries where Substantial Competition exists totals [*], then the Royalty Rebate is [*] and the total royalty to be paid by Lundbeck for such Marketing Year shall be [*].

Related to Royalty Rebate

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

  • Royalty Payment has the meaning set forth in Section 6.1.

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

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • Royalty Rate means the percentage defined in Exhibit B.