Maximum Royalty Sample Clauses
The Maximum Royalty clause sets an upper limit on the amount of royalty payments that one party must pay to another under a contract. Typically, this clause specifies a cap on total royalties, either as a fixed dollar amount or as a percentage of sales, regardless of how much revenue is generated. For example, even if product sales exceed expectations, the royalty payments cannot surpass the agreed maximum. This clause provides financial predictability and protects the paying party from unlimited royalty obligations, ensuring that costs remain manageable and foreseeable.
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Maximum Royalty. Upon payment of royalties to MPS by Magainin hereunder in an aggregate amount equal to twenty-five million dollars, thereafter the licenses and rights granted hereunder shall be royalty free.
Maximum Royalty. During the Royalty Term, the Parties agree the maximum royalty amount Customer shall pay in consideration for assignment of the U.S. Application herein shall be [***] dollars ($[***] USD). For sake of clarity, over the course of the Royalty Term, in the event Customer pays royalties to Manufacturer under this Section 6 in the amount of [***] dollars ($[***] USD), no further royalties shall be due to Manufacturer for any purpose whatsoever.
Maximum Royalty. For the license of the Licensable METROLOGIC Patent Families (except for any royalties payable to METROLOGIC for the license of METROLOGIC One-Way RF Patents), the maximum aggregate royalty payable to METROLOGIC by SYMBOL shall be [ ] and in each calendar year thereafter a maximum aggregate amount [ ] [ ] [ ]
Maximum Royalty. 31.1 If a party transfers a portion of its interest in the Property to a third party as permitted by this Agreement, each of: (i) Trio and its assigns, and (ii) Teck and its assigns, shall be entitled to the NPI Royalty or NSR Royalty, contemplated in this Agreement, in the aggregate, allocated between them in such proportions to which they have agreed, which shall be stated in any joint Notice provided by them and failing that joint Notice then in proportion to the interest in the Property held by them immediately upon closing the sale or transfer contemplated in this §31.
Maximum Royalty. The maximum royalty on Deemed Licensor-Generated Net --------------- Revenues shall be at the rate of [*] thereof for each year during the Term of the LECA.
Maximum Royalty. (a) In the event that (i) the total aggregate royalties paid to Licensor pursuant to this Agreement equals or exceeds the Maximum Royalty specified on Exhibit F and (ii) Licensor shall have elected not to or
Maximum Royalty. Notwithstanding anything contained herein, or in the First License Agreement or any other agreement ‘between BAYLOR and AVS, if any product that is a Licensed Product would otherwise entitle BAYLOR to a royalty under this Agreement and under the First License Agreement and/or any other license between BAYLOR and AVS, in no event will the maximum combined royalty to be paid under all agreements between BAYLOR and AVS exceed ******.
Maximum Royalty. In any event, including, without limitation, the lapse or inapplicability of the grant of immunity in Section 2.4 above, Sun shall, at CableLabs’
Maximum Royalty. Notwithstanding Article 3.01 (Royalty) hereof, the royalties paid by the Recipient to the Foundation shall not exceed two times the amount of Funding actually advanced by the Foundation pursuant to this Agreement.
Maximum Royalty. Upon payment of royalties to SCRIPPS by MPS hereunder in an aggregate amount equal to twenty-five million dollars, thereafter the licenses and rights granted hereunder shall be royalty free.