TDK is granted right of first refusal and shall have sixty (60) days from receipt of 11SSII11 proposal to exercise such right of first refusal. If "TDK" wants to commence distribution of the "Articles77 in the Additional Territory in the relevant languages, "TDK" and "SSII" will negotiate in good faith the terms and conditions of the Agreement.
TDK has the meaning set forth in the first paragraph of this Agreement.
TDK has the meaning set forth in Section 3.13(b).
Examples of TDK in a sentence
Referring to customer requirements and customer specific requirements (“CSR”) TDK always has and will continue to have the policy of respecting individual agreements.
Display of ordering codes for TDK Electronics productsThe ordering code for one and the same product can be represented differently in data sheets, data books, other publications, on the company website, or in order-related documents such as shipping notes, order confirmations and product labels.
The TDK Simulation Models are being provided solely for informational purposes.
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of TDK.
Duplication or redistribution of the TDK Simulation Models without prior written permission from TDK Corporation is prohibited.4. The TDK Simulation Models are subject to any modification or change without any prior notice.
More Definitions of TDK
TDK is engaged in the business of republishing, manufacturing, marketing, distributing and selling localized language versions of computer software and wishes to acquire from "SSII" the right to carry on such business with respect to the "Articles" as set forth in Schedule "A";
TDK hereby accepts the exclusive right to republish the "Articles" (as set forth in Schedule "A") for the purpose of creating localized language versions of the "Articles" and to republish, manufacture, market, distribute, display, and sell the localized language versions throughout the "Territory" (as set forth in Schedule "B").
TDK shall have a right of first refusal in the manner set forth in this Xxxxxxxxx.Xx the event that "SSH" publishes any "Articles" or new software in PSX, Nintendo 64, Sega Dream Cast or Gameboy format and wishes to license the rights to adapt such titles for distribution in the Territory, "SSII" shall notify "TDK" in writing, of its intention to do so. "SSII" shall then negotiate exclusively with "TDK" with respect to such rights for a ninety (90) day negotiation period commencing on the date that "TDK" receives such notice. Should "TDK" accept any or all such further formats, it shall be regarded as a constituent parts of this Agreement and added by amendment hereto and incorporated into the Schedules herein accordingly. "SSII" shall not distribute such formats or grant any third party any rights in such formats prior to expiry of the relevant period referred to in this paragraph 1-
TDK shall pay "SSII" a Republishing fee of four (4) USD ($4.00) per unit for all units of the localized language versions sold by "TDK" such fee based on total invoiced sales less returns. For the avoidance of doubt no royalties shall be payable on review, advertising samples or other promotional copies. Except as otherwise set forth herein, royalties shall be due and payable within forty-five (45) days of the close of each calendar quarter. In addition, as set forth below, "TDK" guarantees to "SSII" a total minimum royalty advance payment of nine hundred thousand ($900,000.00) USD. The total minimum non-refundable Republishing fee advance payment shall be recoupable against royalty payments due to "SSII" for the first two hundred and twenty-five thousand (225,000) units sold anywhere in the Territory. This total minimum royalty advance payment shall be paid in accordance with the schedule mentioned below:
TDK guarantees to "SSII" a total minimum royalty advance payment of nine hundred thousand ($900,000.00) USD. The total minimum non-refundable Republishing fee advance payment shall be recoupable against royalty payments due to "SSII" for the first two hundred and twenty-five thousand (225,000) units sold anywhere in the Territory. This total minimum royalty advance payment shall be paid in accordance with the schedule mentioned below:
TDK guarantees to "SSII" a total minimum royalty advance payment of nine hundred thousand ($900,000.00) USD. The total minimum nonrefundable Republishing fee advance payment shall be recoupable against royalty payments due to "SSII" for the first two hundred and twenty-five thousand (225,000) units sold anywhere in the Territory. This total minimum royalty advance payment shall be paid in accordance with the schedule mentioned below: ------------------------------------------------------------------------------------------------- Land Before Time 50,000 units $4.00 $200,000.00 (US) Math Adventure ------------------------------------------------------------------------------------------------- Land Before Time 50,000 UNITS $4.00 $200,000.00 (US) Kindergarten Adv. ------------------------------------------------------------------------------------------------- Babe Pre-School 30,000 units $4.00 $120,000.00 (US) ------------------------------------------------------------------------------------------------- Babe Early Reader 30,000 units $4.00 $120,000.00 (US) ------------------------------------------------------------------------------------------------- Casper Early Reader 40,000 units $4.00 $160,000.00 (US) ------------------------------------------------------------------------------------------------- An American Tail 25,000 units $4.00 $100,000.00 (US) ------------------------------------------------------------------------------------------------- Total 225,000 units $4.00 $900,000.00 (US) ------------------------------------------------------------------------------------------------- The Advances shall be paid by "TDK" with respect to each Localized Version to "SSII" according to the following, schedule:
TDK shall pay to "SSII" in US dollar within forty-five (45) Days after the end of each quarterly period, the royalty due hereunder.