Prepaid Royalties definition
Examples of Prepaid Royalties in a sentence
However, if ATMI elects not to receive the Fourth Wets Workflow as set forth in Quote #4, then ATMI shall not be eligible for a refund on the Pre-paid Royalties for that Wets Workflow as set forth in this Section.
Each installment of Prepaid Royalties shall be due within thirty (30) days after receipt by Licensee of a relevant invoice to be issued by MoSys after the completion of each milestone as set forth in Appendix E.
Prepaid Royalties may be used to offset against future Royalties of any LICENSED PRODUCT for the Project due under this Agreement.
Clearwire has the right, in its sole discretion, to extend the date on which the Prepaid Royalties Balance must be refunded.
The Prepaid Royalties shall be applied as provided in Section 1.02(b), against amounts otherwise due from Clearwire to Licensee with respect to IUAs for Initial Spectrum Capacity and Future Spectrum Capacity.
As the Prepaid Royalties Balance decreases, Shares shall be released from the pledge established by this Agreement, provided, however, that Clearwire shall not be required to release Shares more than once per month.
As used herein, "Prepaid Royalties" means royalties in the amount of $[*****] that were prepaid by LICENSOR to SUMM▇▇▇, ▇▇ss an amount equal to the amount of royalties payable by LICENSOR to SUMM▇▇▇ ▇▇▇er the License Agreement for the period beginning April 1, 2000 and ending May 31, 2000.
Upon termination of this Agreement for any cause, the Prepaid Royalties Balance shall be refunded to Clearwire, as provided in Section 2.02.
HP shall pay to JetFax the following refundable prepaid royalties in advance of actual sales of the HP Product according to the following schedule: Prepaid Payment Royalty Number Milestone Amount ------ --------- ------ [...***...] [...***...] $[...***...] [...***...] [...***...] $[...***...] Total Prepaid Royalties $[...***...] [...***...] [...***...] The prepaid royalties shall be recovered by HP at the rate of [...***...].
Clearwire shall cause to be paid to the Licensee the amount of [***] (the "Prepaid Royalties") upon execution of this Agreement.