Royalties and Commissions Sample Clauses

Royalties and Commissions. Except as set forth in the Commission Documents, neither the Company nor any of its Subsidiaries has any responsibility or obligation to pay or have paid on their behalf any material commission, royalty or similar payment to any person with respect to their property rights.
AutoNDA by SimpleDocs
Royalties and Commissions. There are no royalties, commissions, honoraria, fees, or other payments payable with respect to the Business to any person, including Pivotshare, by reason of the ownership, use, license, sale, or disposition of any of the Intellectual Property or the intellectual property rights of any other person or for any other reason.
Royalties and Commissions. 8.1 Commissions on Sales of Aspect BIS Sensors. For each BIS Sensor sold by Aspect to Spacelabs customers in the United States deemed to be for use with Spacelabs BISx Module, Aspect shall pay Spacelabs a commission equal to[**] percent of the net sales revenue (invoice price after discounts) billed by Aspect for such BIS Sensors. Aspect shall pay such commissions to Spacelabs on a calendar quarter basis. With such quarterly payments, Aspect shall provide to Spacelabs a list of Spacelabs customers to which such sales were made, the number of sensors sold in that quarter, and the net revenue billed for the sale of the sensors by Aspect. This quarterly payment shall be provided to Spacelabs no later than 30 days following the end of each calendar quarter. In the event that Aspect's standalone BIS monitors, the BIS modules and/or the BISx kits for other manufacturers have also been installed at such sites in addition to Spacelabs BISx Module, Spacelabs will be entitled to a [**] percent commission only on BIS Sensor sales deemed to be for use with the Spacelabs BISx Module. For the purposes of this Section 8.1, BIS Sensors shall be deemed to be for use with Spacelabs BISx Modules on the basis of a pro rata determination, based on the total number of BIS units of different types installed at such locations during the period according to Aspect's installed base records. To facilitate such calculations, Spacelabs will be responsible for providing Aspect with the documentation required in Section 8.2, and Aspect shall be responsible for providing Spacelabs with accurate information regarding the total number of non-Spacelabs units which have been installed, and are in use, at such sites. Such information shall be auditable by an independent auditor at Spacelabs' expense; provided, however, if the results of such audit reveal that the number of such non-Spacelabs units has been over reported by fifteen percent (15%) or more, Aspect shall reimburse Spacelabs for the cost of such audit.
Royalties and Commissions. 6.1 Commissions on Sales of Aspect BIS Sensors. For each Aspect BIS Sensor sold by Aspect to Datascope customers in the United States for use with Datascope [**] Systems, Aspect shall pay Datascope a commission equal to [**] percent of the net sales revenue realized by Aspect for such Aspect BIS Sensors. Aspect shall pay such commissions to Datascope on a [**] basis. With such [**] payments, Aspect shall provide to Datascope a list of Datascope customers to which such sales were made, the number of sensors sold in that [**], and the revenue realized from the sale of the sensors by Aspect. This [**] payment shall be provided to Datascope no later than 30 days following the end of each [**]. In the event that Aspect's standalone BIS monitors and/or the BIS modules of other manufacturers have also been installed at such sites in addition to Datascope [**] Systems, Datascope will be entitled to a [**]% commission only on BIS Sensor sales intended for use with Datascope [**] Systems. A pro rata determination will be based on the total number of BIS units ASPECT / DATASCOPE OEM DEVELOPMENT AND PURCHASE AGREEMENT of different types installed at such locations during the period. To facilitate such calculations, Datascope will be responsible for providing Aspect with documentation, on a [**] basis, of the total number of Datascope [**] Systems installed, and the dates of installation.
Royalties and Commissions. 3.1. SURECELLS will pay the Company a 7% royalty on purchases of products direct from suppliers as follows:
Royalties and Commissions. 22 Section 5.41. Acknowledgement Regarding Investor’s Acquisition of Securities...........................22
Royalties and Commissions. Except as set out in the Registration Statement and Prospectus or such as would not individually or in the aggregate have a Material Adverse Effect, neither the Company nor the Subsidiaries have any responsibility or obligation to pay or have paid on their behalf any material commission, royalty or similar payment to any person with respect to their property rights.
AutoNDA by SimpleDocs
Royalties and Commissions. A. Royalties with respect to licenses granted hereunder shall be collected and distributed to Publisher and the relevant AA Society. As full consideration for Publisher’s grant of rights to SDL, SDL shall pay to Publisher Royalties in an amount equal to Publisher’s share of the monies actually received by SDL on behalf of Publisher with respect to licenses granted hereunder on the terms set forth below.
Royalties and Commissions 

Related to Royalties and Commissions

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • Payments Royalties and Reports 3.0 Coordination of Payments under the US Agreement. The license fee, milestone payments and royalties payable by SPL under this Article III are in consideration for the rights and licenses granted to SPL under this Agreement and are in addition to any amounts payable to Licensor under the US Agreement. It is understood and agreed that, with respect to the development milestone payable under Section 3.2(a)(i) and the sales milestones payable under Section 3.2(b) the occurrence of one or more of such milestone events will result in milestone payment obligations under both this Agreement and the corresponding provisions of the US Agreement. It is further understood that SPL's financial obligations with respect to development costs under Article II shall be [ * ] apportioned between SPL and the corresponding obligations of Schering Corporation under the US Agreement.

  • ROYALTIES AND REIMBURSEMENT 6.1 The Licensee agrees to pay the IC a noncreditable, nonrefundable license issue royalty as set forth in Appendix C.

  • Brokers' Fees and Commissions Neither the Purchaser nor any of its officers, partners, employees or agents has employed any investment banker, broker, or finder in connection with the transactions contemplated by the Primary Documents.

  • Royalties 1. Royalties arising in a Contracting State and paid to a resident of the other Contracting State may be taxed in that other State.

  • Fees and Royalties The parties hereto understand that the fees and royalties payable by LICENSEE to UNIVERSITY under this Agreement are partial consideration for the license granted herein to LICENSEE under Patent Rights. LICENSEE shall pay UNIVERSITY:

  • Brokerage Fees and Commissions The Seller has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Buyer or the Company will incur any liability.

  • Earned Royalties Subject to of Article 7 hereof, Licensee shall pay to Licensor for the rights granted hereunder a sum equal to one and [*****] of the Net Invoice Value of Trademarked Products Sold by Licensee (the "Royalties"). The Royalties shall be remitted in accordance with Section 7.4 of this Agreement. 6.2

  • Royalty Payments and Reports Payments for Coal mined and sold hereunder shall be made on a timely basis, when due and without demand by COLT, on or before the twentieth (20th) day of each month (“Payment Deadline”) for all Coal mined or produced from the Premises, shipped and sold, or used, together with all Foreign Coal transported and sold by Lessee or its Affiliates, or assigns during the preceding month as to Coal, as evidenced by a report or reports furnished by Lessee to COLT tendered contemporaneously with payment. Payments shall be made by check or wire transfer. If by check, payment shall be made to the following address: 000 Xxxxxx Xxxx Drive Beckley, WV 25801 If by wire transfer, payment shall be to the following address: Bank: Huntington Bank ABA: 000000000 Credit To: Colt LLC Account #: 01221137324 Copies of the reports required in this section 14 and evidence of the wire transfer or check shall be forwarded by mail or fax to: Colt LLC 0000 XXX Xxxx., Xxxxx 000 Xxxx Xxxxx Xxxxxxx, XX 00000 The addresses for payment by check or wire transfer and/or for submitting reports may be amended from time to time by COLT upon notice to Lessee. Not later than the Payment Deadline, Lessee shall report to COLT showing the actual amount for each and every mining method of Coal mined, processed, stockpiled, loaded, shipped, and sold from the Premises by Lessee and/or its Affiliates or contractors during the preceding month and shall also include individual sales of Coal by Lessee, the customers to which Coal was sold, the Gross Sales Prices of Coal for each sale, itemization of allowable deductions for each sale, calculations of Actual Production Royalty due COLT for each sale and for the preceding month, and the location, by Quarter-Quarter Section, Township, and Range, of the lands of COLT from which such Coal was mined. Such report or reports shall be made either on a form or forms of COLT supplied to Lessee or on a form or forms of Lessee that are approved by COLT. Each report shall be certified to be true, accurate, and correct by Lessee and shall be to the satisfaction of COLT. In any event, all of the aforementioned items shall be made available to COLT by Lessee, at all times upon COLT’s request, for any month during the term of this Lease. Such reports shall, at COLT’s request, be accompanied by copies of invoices, purchase orders, sales receipts, bills of lading, truck weight tickets, railroad weight tickets, barge weight tickets, statements of transportation, washing and handling charges, and other forms of verification as may be deemed necessary by COLT.

  • Sublicense Fees Licensee will pay Sublicense Fees indicated in Section 3.1(e) of the Patent & Technology License Agreement on or before the Quarterly Payment Deadline for the Contract Quarter.

Time is Money Join Law Insider Premium to draft better contracts faster.