License Royalties definition

License Royalties has the meaning set forth in Section 3.2 of each Residual License Agreement.
Sample 1
License Royalties. The meaning specified in the definition of License Payments.
Sample 1
License Royalties shall be the License Fee Rate (as defined below) multiplied times VIASOFT's actual, contractually agreed sublicense price to the End User or Sub-Distributor as applicable, for any Licensed Program, but not less than the amounts set forth in (iii) below. The "License Fee Rate" shall equal thirty percent (30%) until VIASOFT Royalties of $2,000,000 have accrued, and thereafter shall be twenty-five percent (25%), or the minimum royalty set forth in Section 4 (a) (iii) below, if higher. For purposes of determining the License Fee Rates for "New COBOL Maintenance Products", as defined in the following sentence, such License Fee Rates shall be the rates determined as Set forth above, provided that
Sample 1

Examples of License Royalties in a sentence

  • Inbound licenses: Licensor Description of License Term of License Royalties Payable VEC Technology, LLC Limited, exclusive, non-transferable, royalty free, right and license to use the VEC IP solely in connection with the production of parts or components for heavy duty trucks Continuously until written termination sent to Licensor, unless the VEC Cell Sales Agreement is terminated None 2.

  • The License Royalties set forth in this Section 1.2 are subject to quarterly review by the Parties (or more frequently as may be requested by either Party) and may be modified upon the written agreement of both Parties.

  • LONZA agrees to notify CLIENT before incorporating any Intellectual Property or modification into any Product or corresponding Process that would be subject to limitations on transfer and/or CMO License Royalties, and such Intellectual Property or modification will only be incorporated into such MPC Products and corresponding Processes upon prior written agreement of CLIENT.

  • License Royalties receivable by Codexis from Arch will be subject to withholding tax and Arch shall withhold such tax at source as mandated by Applicable Law and deposit the same in the appropriate government account.

  • Altera shall deduct such Further License Royalties from any payment obligations to Adesto under the Altera Agreement.

  • Further, Licensee shall furnish whatever additional information Licensor may reasonably prescribe from time to time to enable Licensor to verify the calculation of the License Royalties and Hosting and Support Fees due under this Agreement.

  • While using the Escrow Contents as specified herein, VIASOFT shall continue to pay all License Royalties due under the terms of this Agreement, and its obligation to pay Maintenance Royalties shall continue but shall be reduced to ten percent (10%) from thirty percent (30%).

  • If the Deficiency is more than [***] of all License Royalties and Direct Sale Royalties of the type which were the subject of the Deficiency that were paid by Liminal during the period covered by such audit and inspection, then Liminal will pay the reasonable costs and expenses of the audit and inspection.

  • Upon reasonable notice, during regular business hours, not more than once per year, Hydrex and each Hydrex Licensee shall allow Freestone, or its representative or agent, to audit Hydrex’s books and records related to the calculation of License Royalties.

  • For as long as there are License Royalties, the Parent shall provide to the Issuer, within 25 days after the end of each calendar quarter, a report setting forth for such calendar quarter the following information for each Subject Product: (a) net sales of such Subject Product by the Parent or its sublicensees on a country-by-country basis; (b) License Royalties due for such net sales; and (c) a description of how the License Royalties are calculated.


More Definitions of License Royalties

License Royalties has the meaning given to that term in Section 5.1.
Sample 1

Related to License Royalties

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Sublicense Fees shall have the meaning set forth in Section 7.3 below.

  • Sublicense Revenues means [***].

  • Sublicense Revenue means [***].

  • Third Party Royalties means royalties payable by either Party to a Third Party in connection with the manufacture, use or sale of Franchise Products.

  • Sublicense Income means any payments that Company receives from a Sublicensee in consideration of the sublicense of the rights granted Company under Section 2.1., including without limitation license fees, royalties, milestone payments, and license maintenance fees, but excluding the following payments: (a) payments made in consideration for the issuance of equity or debt securities of Company at fair market value, and (b) payments specifically committed to the development of Licensed Products.

  • Royalty Payments has the meaning set forth in Section 7.3.1.

  • License Fees means the license fees, including all taxes thereon, paid or required to be paid by Licensee for the license granted under this Agreement.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Sublicensing Revenue means all (i) cash, (ii) sublicensing fees and (iii) all other payments and the cash equivalent thereof, which are paid to LICENSEE by the Sublicensees of its rights hereunder, but excluding the following payments:

  • CREFC® Intellectual Property Royalty License Fee With respect to each Mortgage Loan (including any REO Mortgage Loan) and for any Distribution Date, the amount accrued during the related Interest Accrual Period at the CREFC® Intellectual Property Royalty License Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the CREFC® Intellectual Property Royalty License Fee shall be payable from the Lower-Tier REMIC.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Milestone Payments has the meaning set forth in Section 4.2.

  • Net Sales Revenue shall have the meaning as set out in Schedule "A"

  • Net Sales means [***].

  • Minimum Royalty shall have the meaning set forth in Section 7.3.

  • Royalty Fee means a royalty fee in the amount of $0.00 of Actual Production payable by BC Hydro to the Province for each year of the Term in accordance with Article 6 of the Master Agreement.

  • License year means the period of time for which a

  • Royalty Rate means the percentage defined in Exhibit B.

  • License Key means a unique key-code that enables Licensee to run Software subject to the obtained User Pack.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Licensed producer means a person or entity licensed to produce medical cannabis.

  • Royalty Year means, (i) for the year in which the First Commercial Sale occurs (the “First Royalty Year”), the period commencing with the first day of the Calendar Quarter in which the First Commercial Sale occurs and expiring on the last day of the Calendar Year in which the First Commercial Sale occurs and (ii) for each subsequent year, each successive Calendar Year.

  • Sublicense means any agreement to Sublicense.

  • Licensed Services means all functions performed by the Licensed System.

  • Licensee has the meaning set forth in the preamble.