Royalty Amount definition

Royalty Amount means, with respect to a particular Licensed Product sold commercially in the Territory, the actual amount (in Dollars) payable by CKD to Cara as royalty on such sale pursuant to Section 6.3.
Royalty Amount means the absolute dollar amount that VAR agrees to pay Versant each time the Application is distributed and recognized as revenue on VAR's income statement in accordance with Generally Accepted Accounting Principles, as set forth in Exhibit D hereto.
Royalty Amount means for each calendar quarter the sum of seven percent (7%) of Product Revenues in the United States, five percent (5%) of Product Revenues in the Territory outside the United States and [ * ] in the Territory for such calendar quarter; provided, that, in the event that less than 700 Units are issued, such seven percent (7%) and five percent (5%) shall be adjusted by multiplying each by a fraction, the numerator of which is the number of Units issued and the denominator of which is 700.

Examples of Royalty Amount in a sentence

  • During the Exclusive Period, on or before each January 1 following the Effective Date, Licensee will pay to the University the Minimum Royalty Amount as specified in the Principal Terms & Milestones List for the indicated MRA Year, wherein MRA Year 0 begins on the January 1 following the Effective Date, MRA Year 1 begins on the second January 1 following the Effective Date, etc.

  • If there is a failure to pay any royalty payment when due, or only a portion is paid, or in the event of any other unremedied Event of Default under this Contract, IEDA may declare the Total Royalty Amount to be Repaid to be immediately due and payable.

  • In case of Equal Monthly Royalty Amount of highest bidders(s), the allotment of work shall be done by giving 48 hrs (2 working days) from the day of opening of packet C on same BID-Document number for re-quoting and such development needs to done by IT department in MCGM's SRM system.

  • Upon the expiration or termination of this Agreement for any reason other t han Discover's uncured breach or Section 8.2 (e), if the Threshold Royalty Amount (as defined in Section x.x below) exceeds the amount of the Royalties that would be due but for the payment of such advances, then Organization shall return the difference to Discover within thirty (30) days after the termination or expiration of this Agreement.

  • If at any point during this agreement, the total amount paid to the Organization by either the Initial Advance or Subsequent Advance Payments exceeds the total royalty payments earned, Additional Royalty Payments will cease until the Threshold Royalty Amount is met.


More Definitions of Royalty Amount

Royalty Amount has the meaning set forth in Section 2.9(a).
Royalty Amount means an amount equal to Five Million Dollars ($5,000,000) or, subject to Section 3.3, the Discounted Royalty Amount.
Royalty Amount means the amount using the following formula: (A X B) ÷ Cwhere A is the amount of the Net Apo Revenue for the applicable Royalty Dividend Payment Period andB is:
Royalty Amount means an amount owing to the Crown
Royalty Amount means an amount equal to 5% of Net Sales booked by the Acquiror and any Affiliates of the Acquiror during the applicable period from the sale of Gestiva. For purposes
Royalty Amount means, in respect of a Product, the aggregate of:
Royalty Amount means the monthly amounts calculated by the Company that are owed to the royalty participants of the Palo Pinto Assets set forth on Schedule 4.6.