Percentage Royalties. Percentage Royalties shall be computed as follows:
Percentage Royalties. CDS agrees to pay GEN-PROBE royalties on Net Sales as set forth herein. The amount of royalties payable under this Section 4.2 shall be determined on a Semi-Annual Period basis and, for any Semi-Annual Period, such amount shall be calculated by taking (A) the Net Sales for such Semi-Annual Period of all the Licensed Products and Future Licensed Products, multiplied by (B) the Applicable Royalty Rate described below.
Percentage Royalties. SPECIALTY agrees to pay GEN-PROBE royalties with respect to each and every Assay or Assay Series performed by SPECIALTY or an Affiliate of SPECIALTY. The amount of royalties payable under this Section 3.1 shall be determined on a Calendar Quarter basis and, for any Calendar Quarter, such amount shall be calculated by taking the product of (A) the Net Royalty Sales for such Calendar Quarter, multiplied by (B) the Applicable Royalty Rate.
Percentage Royalties. In further consideration of the rights herein granted to LICENSEE, LICENSEE agrees to pay the NCAA royalties equal to six and one-half percent (61/2%) of net sales (gross sales less returns, discounts, postage, documented uncollectibles, freight, insurance and any import duties) of its products listed hereinabove that bear the NCAA name.
Percentage Royalties. As consideration for the license herein granted, Licensee agrees to pay Licensor royalties equal to three percent (3%) of the adjusted gross invoice price (which means the gross price of Licensed Goods sold by or on behalf of Licensee, less deductions for returns and customary trade discounts in connection with such sales) or the bona fide fair market value price of Licensed Goods disposed of as described in Section 3.3 hereof, whichever is greater. Such royalties shall be payable within thirty (30) days following the close of each calendar quarter for sales during such quarter, beginning with the calendar quarter in which the first sale or disposition of Licensed Goods occurs.
Percentage Royalties. The Licensee shall pay UM a percentage royalty equal to 8% of the Net Sales Price on all sales of the Licensed Products by the Licensee to its customers through December 31, 2005 and 10% of the Net Sales Price on all sales of the Licensed Products by the Licensee to its customers thereafter. The Licensee shall have no right to make F.O.B. Sales.
Percentage Royalties. The Sublicensee shall pay the Licensee a percentage royalty equal to 12% of the Net Sales Price on all sales of the Licensed Products by the Sublicensee to its customers; provided, however, that as to any Licensed Products sold by the Sublicensee via the Sublicensee Site the Sublicensee shall pay the Licensee a percentage royalty equal to 12% of the invoiced billing price to the Sublicensee Site customer, less documented returns, allowances, discounts (excluding cash discounts or any type of early pay allowance) and uncollectible accounts receivable, which, collectively, shall not exceed 8% of the Sublicensee's total gross sales of the Licensed Products in any quarterly accounting period. The Sublicensee shall have no right to make F.O.B.
Percentage Royalties. (a) Licensee shall pay to Licensor percentage royalties equal to five percent (5%) of Net Sales ("Percentage Royalties"). It is understood that Licensee shall guarantee payment to Licensor during the Term of an amount equal to or greater than $50,000 (5% of Minimum Net Sales of $1 million). (b) In the event that at the end of the Term, Licensee has failed to pay to Licensor Percentage Royalties in an amount equal or greater than $50,000, Licensee shall pay to Licensor within 10 days following the end of the Term, the difference between the amount of Percentage Royalties paid and $50,000, Notwithstanding the foregoing, it is understood that in the event that the License is terminated as a result of a sale or transfer pursuant to Section 2.1, Licensee shall not be obligated to pay such differential amount upon termination.
Percentage Royalties. Perkxx-Xxxxx xxxl pay to Epoch percentage royalties on the Net Sales of Licensed Products sold or otherwise disposed of under the license granted under Sections 3.01 and 3.02 of this Agreement as follows: Bare Probes covered by a Valid Claim [ * ]% for Discovery Orders, Small Orders and Medium Orders and [ * ]% for Large Orders Kits covered by a Valid Claim [ * ]% Bare Probes not covered by a Valid Claim [ * ]% for Discovery Orders, Small Orders and Medium Orders and [ * ]% for Large Orders Kits not covered by a Valid Claim [ * ]% Software [ * ]% No percentage royalties will be owed under this Section 4.02 (a) for the sale by Perkxx-Xxxxx xx any Bare Probes or Kits not covered by a Valid Claim in the event that (i) the Licensed Know-How becomes publicly available, (ii) Perkxx-Xxxxx xx placed at a commercial disadvantage as a result of such know-how becoming publicly available, and (iii) such know-how was not made publicly available by Perkxx-Xxxxx. * CONFIDENTIAL PORTIONS OMITTED AND FILED SEPARATELY WITH COMMISSION.
Percentage Royalties. In consideration of Licensor's grant to Licensee of the right and license to use the Trademark in connection with the manufacture, sale, distribution and promotion of Subject Products in accordance with Section 2.1 of this Agreement, Licensee shall pay the Percentage Royalty to Licensor.
