Common use of MINIMUM GUARANTEES Clause in Contracts

MINIMUM GUARANTEES. LICENSEE guarantees that its aggregate annual royalty payments to NBAP for each Contract Year under this Agreement shall not be less than the amount set forth opposite such Contract Year: 1st Contract Year: (Information subject to confidential treatment.) 2nd Contract Year: (Information subject to confidential treatment.) 3rd Contract Year: (Information subject to confidential treatment.)

MINIMUM GUARANTEES. LICENSEE guarantees that its aggregate annual royalty payments to NBAP for each Contract Year under this Agreement shall not be less than the amount set forth opposite such Contract Year: 1st Contract Year: (Information subject to confidential treatment.) Year $* 2nd Contract Year: (Information subject to confidential treatment.) Year $* 3rd Contract Year: (Information subject to confidential treatment.)Year $* *