Service-Sales Amount definition
Examples of Service-Sales Amount in a sentence
Each Royalty Report shall contain detailed information on the calculation of Service-Sales Amount for the applicable month.
In addition to the Initial Payment, Licensee shall pay to Licensor as continuing royalties thirty percent (30%) of the Service-Sales Amount paid by End Users ("Royalty").
For avoidance of any doubts, the Royalty shall be calculated in accordance with the following formula: A = (B-C) x 30%, where A is the Royalty, B is the Sales-Service Amount, and C is a value added tax amount which shall equal eight percent (8%) or less of the Service-Sales Amount.
In addition to the Initial Payment, Licensee shall pay to Licensor as continuing royalties thirty percent (30%) of the Service-Sales Amount paid by End Users (“Royalty”).
The royalty payment shall be made on a monthly basis within twenty (20) days after the end of each month, accompanied by the detailed report on the calculation of "Service-Sales Amount" for the applicable month.
Licensee shall pay to Licensor thirty five percent (35%) of the Service-Sales Amount paid by End Users(Royalty rate(30%) of the Service-Sales Amount as defined in Article 5.1 (b) of the Agreement is replaced with thirty five percent(35%) of the Service-Sales Amount in this Amendment).
In addition to the Initial Payment, Licensee shall pay to Licensor as continuing royalties twenty five percent (25%) of the Service-Sales Amount paid by End Users ("Royalty").
Licensee shall pay to Licensor as Royalty Payments Thirty Three percent (33% ) of the Service-Sales Amount paid by End Users during the commercial period of this Agreement.
Each Royalty Report shall contain detailed information on the calculation of Service-Sales Amount for the applicable month and shall be accompanied by the accounting statement showing the calculation and aggregate amount of royalties.
In addition to the Overseas Consulting Charge, as a consideration for the license granted under this Agreement, Licensee shall pay to Licensor thirty percent (30%) of the Service-Sales Amount paid by the End Users as continuing royalties.