Royalties in General. In partial consideration for the license rights granted by QUALCOMM in Section 5.1, LICENSEE shall pay to QUALCOMM, no later than forty-five (45) days after the end of each calendar quarter, an amount equal to [***] ([***]) of the Net Selling Price of each OFDMA Smallcell that is Sold during such calendar quarter by LICENSEE or any of its Affiliates.
Appears in 2 contracts
Sources: Ofdma Smallcell License Agreement (New Beginnings Acquisition Corp.), Ofdma Smallcell License Agreement (New Beginnings Acquisition Corp.)