Royalty Revenue definition

Royalty Revenue means running royalties actually received by Purchaser from a Licensee for sales of Non-Sumatriptan Products by or under authority of such Licensee, plus any license fees or milestone or other payments receive by Purchaser from a Licensee to the extent not allocable to recovery of development or other costs incurred by Purchaser specific to the applicable Product. For clarity, Royalty Revenue shall exclude: (i) payments in consideration of goods (including Products) or services at Purchaser’s fully-burdened cost therefor (any amounts in excess of the fully-burdened cost shall be included in Royalty Revenue), (ii) payments in consideration for equity at the fair market value therefor (any amounts in excess of the fair market value shall be included in Royalty Revenue) and (iii) amounts received by Purchaser in consideration for a sale of all, or substantially all, of the business or assets of Purchaser (whether by way of merger, sale of stock, sale of assets or otherwise), if the successor to such business or assets has assumed the obligations under Section 2.06(a) of this Agreement.
Royalty Revenue means any royalty payments received by Knight or any of its Affiliates or assignees from sublicensing its rights under this Agreement.
Royalty Revenue means [__].

Examples of Royalty Revenue in a sentence

  • Royalty Revenue is defined by the Company as cash received or receivable from operating royalty assets earned during the period.

  • The bonus shall be 15% of Adjusted Special Project Net Profits and 15% of Future Royalty Revenue.

  • Royalty Revenue Royalty revenue is based upon amounts contractually due pursuant to the underlying royalty agreement.

  • Royalty Revenue Estimates For a small number of our royalty interests, we may not receive, or be entitled to receive, payment information, including production information from the operator, for the period in which metal production occurred prior to issuance of our financial statements for that period.

  • Metallic, Nonmetallic and/or Underground Gas Storage:• Detailed description of the company’s operation.• Detailed Schedule of actual production by product including Gross Sales Volumes, Gross Sales Price per unit, Gross Revenue, the State’s Royalty percentage and the Net Royalty Revenue for the Review period.• Schedules, analysis and narrative comments for all adjustments or recommendations.


More Definitions of Royalty Revenue

Royalty Revenue means, with respect to a Product in a country, all Revenue received by OncoGenex that is based on a percentage of Net Sales of such Product by a Third Party sublicensed to sell such Product in such country.
Royalty Revenue as used herein shall mean the revenues realized by Seaphire from any royalty, continuing, or use-based payments relating to the Licensed Products.
Royalty Revenue means the Net Revenue generated by the Licensee and its Affiliates using or otherwise derived from, directly or indirectly, the Intellectual Property, Systems or Trademarks.
Royalty Revenue remains as defined in Section 6. Xxxxxxxxx acknowledges and consents to the grant of a license by LU under the Patents to Xxxxxx X.
Royalty Revenue means running royalties actually received by Purchaser from a Licensee for sales of Non-Sumatriptan Products by or under authority of such Licensee, plus any license fees or milestone or other payments receive by Purchaser from a Licensee to the extent not allocable to recovery of development or other costs incurred by Purchaser specific to
Royalty Revenue means all non-refundable fees generated from Royalty Commission.
Royalty Revenue means actual cash payable to and received by the Purchaser or its Affiliates from sales of any and all products that are developed by or on behalf of the Purchaser or its Affiliates after Closing and that use or encompass, in whole or in part, and in any manner whatsoever, the Additional French IP, after the deduction from such revenue amount of: (i) reasonable costs and expenses relating to exploitation of the Additional French IP, including reasonable costs incurred to develop, produce, distribute, market and otherwise carry out the sale of such products; (ii) reasonable third party distributor commissions and fees; and (iii) withholding taxes and sales, value-added and other similar Taxes; provided that with respect to the revenue for which there is no third party distributor, the Purchaser will be entitled to deduct a thirty percent (30%) commission (in addition to costs relation to exploitation and Taxes);