Running Royalty definition

Running Royalty or "Running Royalties" shall mean the royalty or royalties from time to time payable pursuant to Section 5.

Running Royalty and “Running Royalties” means the payments owed to Licensors based on Succinic Acid Equivalent as specified in Section A of Exhibit B.

Running Royalty shall have the meaning set forth in Section 6.1.

Examples of Running Royalty in a sentence

• At least three business days before the payment, Blue shall give Red an account sheet disclosing the details of the basis of the calculation of the Running Royalty in such form and substance as agreed between the parties hereto.

• Red shall have the right to have an independent public accountant or an accounting firm inspect all books and records relating to the calculation of the Running Royalty.

• The Running Royalty shall be paid by Blue to Red in U.S. Dollars, within two weeks after every calendar quarter.

• Blue shall pay Red a running royalty of 5% of all revenue from the operation of Theme Park, including and without limitation to admission fees, proceeds of related good, foods and drink sold at the Theme Park ( hereinafter referred to as Running Royalty).

• A Running Royalty Versus a Lump Sum PaymentHaving found liability, plaintiff is entitled to recover “reasonable and entire compensation” for the government’s acquisition of a compulsory non- exclusive patent license.

More Definitions of Running Royalty

Running Royalty shall have the meaning set forth in Section 3.3.

Running Royalty is defined in Article 4.01(c).

Running Royalty shall have the meaning set forth in Section 4.1B. hereof.

Running Royalty is defined in Paragraph 3.9.

Running Royalty has the meaning ascribed to it in Section 8.1.

Running Royalty on each Product with the applicable royalty rate determined on a Product-by-Product basis as follows:

Running Royalty shall have the meaning given in Section 3.01(b).