Applicable Royalty Rate definition

Applicable Royalty Rate means the percentage rate or rates at which BMS shall pay royalties to CPI hereunder, determined on a calendar year-by-calendar year basis, as follows:

Applicable Royalty Rate has the meaning set forth in Section 5.2(b) hereof.

Applicable Royalty Rate means [***].

Examples of Applicable Royalty Rate in a sentence

• Applicable Royalty Rate LICENSED PRODUCT (in %) [OPTIONAL] Any SEMICONDUCTIVE APPARATUS which is a REPORTABLE PRODUCT but which is not COMPLETED APPARATUS shall be treated as COMPLETED APPARATUS for purposes of Section 2.01 and the applicable royalty rate shall be applied to the FAIR MARKET VALUE which such SEMICONDUCTIVE APPARATUS would have if it were COMPLETED APPARATUS.

• In connection with the license described in Section 9.1.2(ii), the Joint Venture shall pay BDX a royalty based on Net Sales of each Combined Product and C- Product which is a Royalty-Bearing Product sold during the applicable License Term by the Joint Venture equal to the Applicable Royalty Rate.

• In connection with the license described in Section 9.1.1 (ii) above, the Joint Venture shall pay QIAGEN GmbH a royalty based on Net Sales of each Combined Product, S-Product, P-Product or S/P Product which is a Royalty-Bearing Product sold during the applicable License Term by the Joint Venture equal to the Applicable Royalty Rate.

More Definitions of Applicable Royalty Rate

Applicable Royalty Rate means and refers to the following percentages of the prevailing retail price but in no event more than the net royalty actually received and retainable by TAG for its own account with respect to the sale of any particular copies: 20% of 90% in respect of sound track records sold in the United States; 10% of 90% in respect of sound track records sold outside the United States except that as to sound track records sold pursuant to mail order or "club" plans, the royalty rate shall be one-half of the rate otherwise applicable. If any sound track records contain selections from other sources, the applicable royalty rate hereunder shall be prorated on the basis of the total number of minutes of selections from the sound track compared to the total number of minutes on such records. In determining the net royalty retainable by TAG, all royalties payable to artists, conductors and other third parties in respect to such sound track records shall be deducted from the aggregate royalty payable to TAG under the applicable distribution agreement.

Applicable Royalty Rate shall be calculated as follows: Applicable Rate Portion of Total Annual Net Sales: [***] Less than or equal to $5 million [***] > $5 million and less than or equal to $10 million [***] > $10 million and less than or equal to $15 million [***] > $15 million and less than or equal to $20 million [***] > $20 million [***] *** Certain information on this page has been omitted and filed separately with the Commission. Confidential treatment has been requested with respect to the omitted portions. [***]

Applicable Royalty Rate shall have the meaning given in Section 9.1.

Applicable Royalty Rate or “ARR” shall mean, with respect to a Product, the royalty rate applicable to Net Sales of such Product specified in Section 3.5 (prior to giving effect to any adjustments that may be applicable under Section 3.6 and/or Section 3.7).

Applicable Royalty Rate with respect to each Covered Product, shall mean the percentage rate or rates at which Pilot shall pay royalties to BMS hereunder in respect of such Covered Product, determined on a calendar year-by-calendar year basis, as follows: Portion of Annual Net Sales Applicable Royalty Rate of Covered Product(s) for Covered Product(s) --------------------------- ----------------------- < $50,000,000 **% - > $50,000,000 and < $100,000,000 **% - > $100,000,000 and < $150,000,000 **% - > $150,000,000 and < $200,000,000 **% - > $200,000,000 **% For the avoidance of doubt, if there is more than one Covered Product sold in any calendar year, the Net Sales of all Covered Products shall be aggregated for the purpose of determining the Applicable Royalty Rate.

Applicable Royalty Rate means, with respect to each Royalty-Bearing Product, a [*] of Net Sales for such Royalty-Bearing Product.

Applicable Royalty Rate means the percentage, which shall not be [*], negotiated in good faith by the parties.