Total Royalties definition

Total Royalties means the sum of the Consumable Royalties, Instrument Royalties and Sublicense Royalties defined in Section 4.1 of this Agreement.

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Total Royalties means and include any and all Running Royalties and fees based upon Full Sublicense Profits and Manufacturing Sublicense Profits that are paid or payable to TST by MSC pursuant to Article III. Confidential information redacted and filed separately with the Commission.

Total Royalties means the aggregate of the amounts calculated pursuant to paragraphs 12(1)(o) and 18(1)(m) of the federal Act, both calculated without regard to the scheduled repeals of the paragraphs.

Examples of Total Royalties in a sentence

Within ninety (90) days after the end of each calendar year, RPRP and Introgen shall reconcile the calculation of royalty reductions under this Section 8.2 for the preceding calendar year, based upon the total Net Sales for such year and the Total Royalties with respect to such Net Sales.
If the cumulative Total Royalties payable under Section 5.2 during the term of this Agreement, including any Deficiency Payment (defined below), are less than the cumulative Minimum Royalty at the end of any Royalty Year, PE shall pay, with the payment for the last Calendar Quarter for such Royalty Year, a non-refundable Deficiency Payment in an amount sufficient to bring the total payments to Quantech up to the cumulative Minimum Royalty.
Further, and as additional consideration for the rights and licenses granted to Licensee hereunder, Licensee agrees that it may only sell Luxury Branded Products, after the earlier of (i) two years following the Effective Date or (ii) the point in time when Licensee has paid Licensor eleven million dollars ($11,000,000) or more in Total Royalties in a Contract Year.
Notwithstanding the aforesaid, in no event shall the Total Royalties for the Existing Product Lines exceed $870,000.
Accordingly, MSGI shall owe only [***] percent ([***]%) of Total Royalties with respect to the first [***] dollars ($[***]) of Total Royalties in a calendar year.
Quantech shall respond in writing to confirm agreement with reported sales and proposed payments which will cause PE to pay to the Serono Companies the Serono Royalty and pay to Quantech the balance of the Total Royalties then due, until such time as Quantech notifies PE in writing that its royalty obligations to the Serono Companies has ended, after which time PE shall pay the entire Total Royalties directly to Quantech.
PE shall respond in writing to confirm agreement with reported sales and proposed payments which will cause Newco to pay the entire Total Royalties to PE within 30 days.
Accordingly, MSGI shall owe only [***] percent ([***]%) of Total Royalties with respect to any portion of Total Royalties in a calendar year that exceeds [***] dollars ($[***]).

More Definitions of Total Royalties

Total Royalties means the sum of the Consumable Royalties, Instrument Royalties and Sublicense Royalties defined in Section 5.2 of this Agreement.

Total Royalties means the aggregate amount paid in respect of (a) Royalties greater than the Minimum Annual Royalties, (b) Minimum Annual Royalties, (c) Other Product Royalties greater than the Minimum Annual Other Product Royalties, and (d) Minimum Annual Other Product Royalties.